The Moodie Report

Travel Retail and Duty Free Business Intelligence    Thursday 02 October 2014

The Moodie Report Stock Watch 29 September: LVMH (DFS Group, Starboard Cruise Services), -1.53%        World Duty Free Group: Close 8.99, Change +1.12% 52-week High 11.07; 52-week Low 6.80       Dufry: Close 143.70, Change -0.21%, 52-week High 168.00; 52-week Low 130.90       China International Travel Services (CDFG): Close CNY37.66, Change -1.77%, 52-week High CNY43.98; 52-week Low CNY30.11       Japan Airport Terminal Co: Close ¥4,420, Change +0.57%, 52-week High ¥4,465; 52-week Low ¥1,933       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩119,500 Change -0.42%, 52-week High ₩135,500; 52-week Low ₩55,500       Lagardère (Aelia, LS travel retail, Relay ): Close €20.74, Change -1.50% 52-week High €26.58; 52-week Low €18.82       LVMH (DFS Group, Starboard Cruise Services): Close €128.85, Change -1.53%, 52-week High €150.05; 52-week Low €121.00       MISR Duty Free Shops: Close 3.35, Change +1.52%, 52-week High 3.80, 52-week Low 2.70      

Dufry renews duty free contract at Phnom Penh and Siem Reap airports until 2020

CAMBODIA. In a key boost to its Asian aspirations, Dufry today signed a long-term contract with Cambodia Airports to operate the duty free stores at Phnom Penh and Siem Reap international airports. Dufry will manage an additional 1,670sq m of retail space across both airports, an increase of over +100%.

Dubai Duty Free's Colm McLoughlin to receive prestigious Irish Presidential Distinguished Service Award

UAE/IRELAND. In a major accolade, Dubai Duty Free boss Colm McLoughlin is recognised for his immense commitment to Ireland, joining some of Ireland's greatest patriots and biggest achievers.

Belardini, Boyer, Crotti, Piovesana in, Rendek out as Dufry seeks to avoid disruption in Nuance integration

INTERNATIONAL. In a move to minimise business disruption, Dufry Group has announced a stage one organisational structure following last month's completed acquistion of rival The Nuance Group.

Birmingham Airport backs Gatwick expansion to deliver greater competition

UK. Birmingham Airport announced its backing for Gatwick Airport's expansion plans at yesterday's Conservative Party Conference, in the UK.

Finnair completes sale of travel retail arm to World Duty Free Group

FINLAND. Finnair has completed the sale of its Finnair Travel Retail operations at Helsinki Airport to World Duty Free Group, with 58 staff transferring to the new owner.

Belfast International Airport urges passengers to 'Park & Pledge a Pound'

IRELAND. Belfast International Airport is giving passengers the option to donate £1 when they pay for their airport car parking to support Action Mental Health.

Out now: The Airport Commercial Revenues Study 2014

The Airport Commercial Revenues Study 2014 is now available to purchase. Read on for details of how to reserve your copy of this important benchmarking report.

Flemingo attracts further backing as Samena Capital invests

UAE. The retailer adds to its existing weighty private equity backing with a new investment from regionally focussed firm Samena Capital.

The Moodie Blog: Planes, Trains & Automobiles – the Ryder Cup Return

The prodigy McIlroy, grown not just to be a man but a sporting god. The American wunderkinds, those two tough as teak Texans Patrick Reed and Jordan Spieth.

BRAND NEWS

Gancia sparkling wine cellars added to UNESCO World Heritage List

The centuries-old cellars of Gancia, the Italian sparkling wine brand, have been chosen by UNESCO for recognition as a world heritage site.

Paul & Shark highlights new Smart Casual line for Spring/Summer 2015

The luxury sportswear brand will present its Spring/Summer 2015 men’s collection at the TFWA World Exhibition, with a focus on the new Smart Casual range.

JTI refurbishes Geneva smoking lounge with cutting-edge ventilation

The reopened 78sq m lounge at Geneva Airport is under negative air pressure, ensuring smoke does not escape as people leave or enter the facility.

Cognac Prince Hubert de Polignac auctions off latest creation for €26,000

A Prince Hubert de Polignac demijohn containing ancient Paradis eau-de-vie has sold for €26,000 at the ninth La Part des Anges charity auction.

Lindt expands bestselling Silver Tablet range with new travel retail exclusive

The new product featuring Lindt dark chocolate, whole almonds and a touch of crystal sea salt will be presented at this month’s TFWA World Exhibition in Cannes.

Tyko Travel Retail diversifies brand portfolio for TFWA World Exhibition

Tyko Travel Retail will introduce Daisy Chain to the jewellery category and add two new watch brands to its portfolio at this month’s TFWA World Exhibition.

Airline News

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Features

'The best in the UK': WDF store wins Stansted Airport plaudits

UK. “Our best execution ever.” "A massive milestone." “Our most commercial layout ever.” “The biggest and the best.” WDF Group opens a breakthrough, walk-through store at Stansted.