The Moodie Report

Travel Retail and Duty Free Business Intelligence    Tuesday 29 July 2014

The Moodie Report Stock Watch 29 July: Japan Airport Terminal Co, +3.48%       World Duty Free Group: Close 9.11, Change -0.98% 52-week High 11.07; 52-week Low 6.80       Dufry: Close 163.10, Change +0.18%, 52-week High 168.00; 52-week Low 117.00       China International Travel Services (CDFG): Close CNY32.87, Change +2.08%, 52-week High CNY44.29; 52-week Low CNY29.20       Japan Airport Terminal Co: Close ¥3,275, Change +3.48%, 52-week High ¥3,285; 52-week Low ¥1,739       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩107,500 Change +0.92%, 52-week High ₩113,000; 52-week Low ₩55,500       Lagardère (Aelia, LS travel retail, Relay ): Close €23.08, Change +0.76% 52-week High €26.58; 52-week Low €17.90       LVMH (DFS Group, Starboard Cruise Services): Close €131.70, Change +0.11%, 52-week High €150.05; 52-week Low €121.00       MISR Duty Free Shops: Close 3.68, Change +0.00%, 52-week High 3.96, 52-week Low 2.70      

Brazil border law an important step for Latin America, says ASUTIL

LATIN AMERICA. “A frightening Monday… but we are confident that this will strengthen the system in the future.” That’s according to ASUTIL President Enrique Urioste, who welcomes the move by Latin America’s biggest market to regulate border duty free - despite the concerns initially caused by a decree, quickly postponed, to halve its inbound allowance.

Houston Airport System prepares to tender key commercial concessions

USA. Houston Airport System is set to launch a series of tenders covering duty free, speciality retail and F&B at its two airports in early August.

Inflight Sales Group returns to French market with Newrest alliance

FRANCE. Inflight Sales Group (Hong Kong), in partnership with Newrest Group, has won inflight retail tenders onboard Corsair International and Aigle Azur.

Korean inbound duty free allowance to rise +50% to US$600, reports

SOUTH KOREA. Local reports claim the government is set to announce the increase having dismissed earlier proposals to double the allowance.

Concourse Display Management assists Dufry in Brazil stores project

BRAZIL. The project management company is helping the retailer to renovate ten stores at São Paulo Guarulhos and Rio de Janeiro Galeão airports.

Bacardi ignites innovation agenda as Grey Goose VX takes off in Paris

Bacardi Global Travel Retail says the super-premium vodka launch this month is emblematic of an innovation drive bearing fruit across its portfolio.

Bedingham out as Moët Hennessy names Lacave to key Asia Pacific role

Jean-Marc Lacave named President and Regional Managing Director of Moët Hennessy Asia Pacific as the much-respected Mark Bedingham steps down.

Uruguayan border store chamber confident on allowances resolution

URUGUAY. The Chamber of Free Shop Entrepreneurs of Uruguay wants “a level playing field” after Brazil moved to cut its duty free allowance for border shopping.

The Moodie Blog: It's beginning to look a lot like Christmas

In 2006 I went into labour on Christmas Day and not even THAT got me out of cooking the dinner. I crave Christmas Jo Malone style: chic, classy and effortless.

BRAND NEWS

Brown-Forman Global Travel Retail rolls out Southern Comfort campaign

Brown-Forman Global Travel Retail has launched a major summer promotion for Southern Comfort in Europe, with a focus on travellers from the UK and Germany.

Lancôme enhances life with La Vie Est Belle L’Absolu de Parfum

Lancôme has enriched its La Vie Est Belle feminine fragrance with a new, opulent version, La Vie Est Belle L’Absolu de Parfum, available now in travel retail.

Clinique adds a personal touch to Chubby Stick collection

Clinique has added to its extensive Chubby Stick collection with the new line Chubby Stick Baby Tint Moisturising Lip Colour Balm.

Lancôme upgrades its mascara portfolio with Grandiôse

Lancôme’s new mascara is said to deliver multiple benefits, including length, thickness, curl and separation. It will be available in travel retail from August.

La Mer extends treatment portfolio with Intensive Revitalizing Mask

La Mer has added to its treatment portfolio with the new Intensive Revitalizing Mask, which will be available in travel retail worldwide from September.

Bacardi ignites innovation agenda as Grey Goose VX takes off in Paris

Bacardi Global Travel Retail says the super-premium vodka launch this month is emblematic of an innovation drive bearing fruit across its portfolio.

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