Travel Retail and Duty Free Business Intelligence    Thursday 03 September 2015

DATA ROOM

Gategroup’s first half net loss deepens as turnaround plan is introduced

Source: ©The Moodie Report - 03/09/15

SWITZERLAND. Inflight retail and catering specialist Gategroup posts revenue gains of +2.2% for H1 2015, but is hit by a US$90.3 million loss in the period.

Dubai confirmed as world’s busiest airport by international traffic

Source: ©The Moodie Report - 01/09/15

INTERNATIONAL. ACI's latest World Traffic Report confirms Dubai as the world's busiest airport for international traffic in 2014, followed by Heathrow and Hong Kong.

First-half duty free income flat for Norwegian airports group Avinor

Source: ©The Moodie Report - 31/08/15

NORWAY. Airport group Avinor has reported that sales and rental income from duty free sales climbed marginally in the first half of 2015, compared to H1 2014.

Schiphol Group average retail spend dips in first half amid renovation work

Source: ©The Moodie Report - 31/08/15

NETHERLANDS. Schiphol Group revenue from concessions climbed by +4.3% year-on-year in the first six months, but average spend in retail stores fell by -1.6%.

Korean and Chinese arrivals surge to Guam but key Japanese market down

Source: ©The Moodie Report - 29/08/15

GUAM. The decline in Japanese visitors eases despite a continued weak Japanese Yen, while solid growth in Korean and Chinese visitors buoys travel retail.

Asian airlines post “robust growth” in international passenger numbers

Source: ©The Moodie Report - 28/08/15

ASIA. Asian airlines carried 23.7 million international passengers in July, a +6.5% increase year-on-year, according to the Association of Asia Pacific Airlines.

Pernod Ricard reports drop in full-year profits while sales rebound

Source: ©The Moodie Report - 27/08/15

FRANCE. Pernod Ricard posts a -15% slide in full-year net profit after being hit by a write-down on Absolut vodka; sales grew by +8% after a 2014 decline.

Strong July performance for both airport and land border duty free in Canada

Source: ©The Moodie Report - 27/08/15

CANADA. Airport duty free sales grew by +18% to C$33 million in July, while land border duty free sales rose +12% to C$18 million, reports the FDFA.

Hainan Duty Free sales leap by +45% in first half as expansion looms

Source: ©The Moodie Report - 26/08/15

CHINA. Hainan Duty Free sales climbed by +45.6% year-on-year in the six months to 30 June, as Haikou Meilan Airport prepares to unveil its West Gallery extension.

Auckland Airport retail income up +3.9% despite tobacco impact

Source: ©The Moodie Report - 24/08/15

NEW ZEALAND. Auckland Airport today reported increased retail revenues for FY2015 despite tobacco regulations cutting the passenger spend rate.

TFWA to host its first dedicated Research Workshop at Cannes

Source: ©The Moodie Report - 21/08/15

FRANCE. The workshop will present key findings of the association’s most recent research studies, including the TFWA Airport Series and Category Reports.

Asia Pacific and Middle East traffic 'resilient' in June and first half

Source: ©The Moodie Report - 19/08/15

ASIA PACIFIC & MIDDLE EAST. Airports in Asia Pacific and the Middle East maintained steady traffic growth in June, reporting gains of +4.9% and +6.1%.

Currency fluctuations hit Estée Lauder travel retail revenues

Source: ©The Moodie Report - 18/08/15

USA. Decrease is attributed to the “impact of accelerated orders and softness of some key foreign currencies affecting the mix of travellers and their consumption”.

Duty free prospers as Abu Dhabi Airports posts record HI sales

Source: ©The Moodie Report - 18/08/15

UAE. Duty free and food & drinks were the standouts but all of the company's commercial activities posted gains despite highly challenging market conditions.

Sydney Airport takes control of T3 and reports robust H1 retail growth

Source: ©The Moodie Report - 18/08/15

AUSTRALIA. Sydney Airport announces a deal to take control of Terminal 3, including retail operations, from Qantas, as it reveals a robust set of half-year figures.

Hawaii's Japanese tourism market soft; Chinese arrivals continue to grow

Source: ©The Moodie Report - 17/08/15

USA (HAWAII). The small but growing Chinese market continues to offer cause for optimism in Hawaii's tourism community. But Japanese arrivals fall again.

Hong Kong International hits new passenger traffic record in July

Source: ©The Moodie Report - 17/08/15

HONG KONG. Hong Kong International Airport passenger traffic hit a new high in July, with numbers hitting six million in the month for the first time.

MTR records solid +8.5% commercial revenue increase in first half of 2015

Source: ©The Moodie Report - 17/08/15

HONG KONG. First half revenue from the station commercial businesses reaches HK$2.58 billion (US$333 million) with station retail revenue rising +11.2%.

Airports of Thailand posts strong rise in quarterly concession revenue

Source: ©The Moodie Report - 16/08/15

THAILAND. Concession revenues, driven by duty free sales, kept pace with a surge in international passenger numbers at Airports of Thailand's airports in Q3.

Shoppers Stop assesses airport retail future after write-down

Source: The Moodie Report; The Hindu Business Line - 14/08/15

INDIA. Shoppers Stop Ltd is assessing the future of its airport retail joint venture with Nuance/Dufry after booking a first-quarter impairment charge.

Bahrain Duty Free posts 'excellent' US$13.8 million first-half net profit

Source: ©The Moodie Report - 12/08/15

BAHRAIN. The retailer's net profits surged by +70.2% in the second quarter and by +48.6% in the first six months, largely driven by investment income.

Copenhagen Airport sets monthly record for passenger traffic in July

Source: ©The Moodie Report - 12/08/15

DENMARK. Travellers seeking to escape an “unsettled” Danish summer drove a +5.1% increase in passenger numbers in July to set the new record.

Frankfurt Airport posts all-time monthly passenger traffic high in July

Source: ©The Moodie Report - 12/08/15

GERMANY. Frankfurt Airport set new daily and monthly passenger traffic records in July, with volumes climbing by +6.6% to 6.2 million in the month.

Focus on retail boosts Copenhagen’s H1 commercial performance

Source: ©The Moodie Report - 11/08/15

DENMARK. An enhanced retail and dining offer helped drive a strong non-aeronautical performance at Copenhagen Airport in the first six months of 2015.

Gatwick posts record July traffic as it maintains pressure for new runway

Source: ©The Moodie Report - 11/08/15

UK. London Gatwick Airport says traffic growth in the last 12 months puts it "ten years ahead" of Airports Commission forecasts, exposing flaws in its analysis.

Global airport traffic ‘resilient’ in H1 despite external challenges

Source: ©The Moodie Report - 11/08/15

INTERNATIONAL. Passenger traffic at the world’s airports climbed by +5.7% year-on-year in the first six months of 2015, ACI reports.

Key emerging markets help drive strong passenger growth at Heathrow

Source: ©The Moodie Report - 11/08/15

UK. Heathrow Airport passenger traffic hit new heights in July, buoyed by strong performances from emerging markets such as China and Mexico.

Hamad International’s first year of operations sees passenger boom

Source: ©The Moodie Report - 10/08/15

QATAR. In its first year since taking over from Doha International as Qatar's hub airport, Hamad International Airport served 28 million passengers, a +23.6% year-on-year increase.

Global airline passenger traffic posts healthy growth in June

Source: ©The Moodie Report - 07/08/15

INTERNATIONAL. Passenger traffic among the world's airlines climbed by +5.7% year-on-year in June, with international traffic rising by +5.3%.

International tourism arrivals increase by +4% in early 2015

Source: ©The Moodie Report - 07/08/15

INTERNATIONAL. Plenty of positives from the latest tourism figures, notably Northern Hemisphere holiday period numbers - the best since the pre-crisis year of 2007.

Fraport Group retail performance rebounds in first half to June

Source: ©The Moodie Report - 06/08/15

GERMANY. Higher average passenger spend, the weak Euro and traffic growth combined to deliver a strong retail performance for Fraport Group in H1 2015.

EU airport traffic growth in H1 2015 more than doubles non-EU rate

Source: ©The Moodie Report - 05/08/15

EUROPE. Passenger traffic at Europe’s airports grew by +4.5% in H1 2015, with EU airport volumes climbing at a faster rate than non-EU airports.

Lagardère Travel Retail H1 revenues dip on disposals and deconsolidation

Source: ©The Moodie Report - 31/07/15

FRANCE/INTERNATIONAL. Lagardère Travel Retail sales hit €1,640 million in the first half of 2015, down by -11.4% on a reported basis and up +3.5% like-for-like.

Abu Dhabi International maintains surging passenger traffic growth in H1

Source: ©The Moodie Report - 30/07/15

UAE. Abu Dhabi International Airport posted a +17.2% leap in passenger traffic in the first half of 2015 to 11.1 million. India, the largest market, climbed by +57.8%.

June's Chinese visitor figures to Korea underline severe impact of MERS

Source: ©The Moodie Report - 30/07/15

SOUTH KOREA. Like a runaway train suddenly going into sharp reverse, Chinese visitor numbers for June confirm the crippling travel retail impact of MERS.

World Duty Free Group H1 sales climb strongly but profits slide

Source: ©The Moodie Report - 30/07/15

INTERNATIONAL. World Duty Free Group's first-half revenues rose +23.7% but profits fell sharply, due to increased Spanish airport rents and the onerous Düsseldorf Airport contract.

Dufry posts solid H1 turnover and EBITDA growth despite ‘challenging environment’

Source: ©The Moodie Report - 29/07/15

INTERNATIONAL. Dufry Group turnover climbed by +30.5% year-on-year in H1 2015, despite the challenges of currency and economic difficulties in some markets.

Duty free concession income buoys Spanish airports group Aena in H1

Source: ©The Moodie Report - 29/07/15

SPAIN. A robust commercial performance, including a surge in income from duty free contracts, buoyed half-year results (to 30 June) at Spanish airport company Aena.

Changi traffic edges ahead in June as new outlets open

Source: ©The Moodie Report - 28/07/15

SINGAPORE. June was the busiest month of the year to date for Changi with some 4.7 million passengers using the airport, boosted by rebounding Thai traffic.

Russian travel decline hits St. Petersburg Pulkovo Airport in first half

Source: ©The Moodie Report - 28/07/15

RUSSIA. The sharp decline in Russian travel numbers hit St. Petersburg Pulkovo Airport in the first half, with overall traffic down by -4.4% and international by -21.5%.

Asia Pacific airlines post healthy rise in June passenger traffic

Source: ©The Moodie Report - 27/07/15

ASIA PACIFIC. Traffic figures for June from the Association of Asia Pacific Airlines show a +5.9% increase in passenger numbers, and a +9.3% six-month rise.

Heathrow Airport posts solid retail growth in first six months

Source: ©The Moodie Report - 24/07/15

UK. Heathrow Airport posted a solid retail performance in H1 2015, with the key figure of net retail income per passenger rising by +3.9% to £6.67 in the period.

Airport Commercial Revenues Study 2015 survey launched

Source: ©The Moodie Report - 23/07/15

INTERNATIONAL. Airports that submit data to the ACRS 2015, the industry's respected annual benchmarking survey, will receive a free copy of the report.

Manchester Airports Group reveals robust growth in revenue and EBITDA

Source: ©The Moodie Report - 22/07/15

UK. Manchester Airports Group today reported double-digit growth in revenue and EBITDA for the year ended 31 March 2015, with commercial playing a key role.

Latest Boeing forecasts underline long-term strength of global aviation market

Source: ©The Moodie Report - 21/07/15

INTERNATIONAL. Boeing has released a 20-year forecast showing strong demand for pilots and technicians, underlining how the airline market is expected to grow.

Hong Kong International Airport posts robust traffic growth in first half

Source: ©The Moodie Report - 20/07/15

HONG KONG. Hong Kong International Airport posted a +9.1% leap in passenger traffic year-on-year in the first half of 2015, hitting 33.6 million.

Strong passenger growth in Asia Pacific and Middle East for May

Source: ACI Asia-Pacific The Moodie Report - 17/07/15

ASIA PACIFIC & MIDDLE EAST. Bangkok Don Muang was the standout airport with +49.6% passenger growth, while Dubai International, Jeju and Busan also starred.

Higher Japanese traffic but lower spending in Hawaii

Source: ©The Moodie Report - 15/07/15

USA (HAWAII). May was an improved month for Japanese visitor numbers but spending, though improved, maintained the 2015 trend of being down year-on-year.

London Heathrow Airport posts record June for passenger traffic

Source: ©The Moodie Report - 14/07/15

UK. London Heathrow Airport handled a record 6.68 million passengers in June, with strong contributions from emerging markets such as Mexico and China.

Global airline ancillary revenue leaps +21% in 2014

Source: ©The Moodie Report - 13/07/15

INTERNATIONAL. Airline ancillary revenues climbed by +21% year-on-year in 2014 to hit US$38.1 billion, according to aviation industry consultant IdeaWorks.