Travel Retail and Duty Free Business Intelligence    Wednesday 26 November 2014

The Moodie Report India

The Middle East & Africa Duty Free Association Official Guide 2014

Source: ©The Moodie Report - 20/11/14

MIDDLE EAST & AFRICA. The guide is published by The Moodie Report to coincide with the annual MEADFA Conference in Dubai on 24-25 November.

Cochin Duty Free to give away three Nissan cars in Chivas promotion

Source: ©The Moodie Report - 19/11/14

INDIA. Cochin Duty Free, in partnership with Pernod Ricard, is offering customers the chance to win a Nissan car in a Chivas promotion that runs until January 2015.

Flemingo International merges with Harding Retail in cruise move

Source: ©The Moodie Report - 19/11/14

INTERNATIONAL. Flemingo International and cruise retailer Harding Retail have announced a merger that will expand Flemingo’s global travel retail presence.

Delhi Duty Free announces sixth monthly winner for BMW X1 promotion

Source: ©The Moodie Report - 18/11/14

INDIA. Krishna Sood is the latest winner of Delhi Duty Free's BMW X1 promotion, which began in May 2014 and has produced six monthly winners so far.

WDF Group CEO Eugenio Andrades outlines key business priorities

Source: ©The Moodie Report - 14/11/14

INTERNATIONAL. World Duty Free Group CEO Eugenio Andrades has outlined five business priorities as he takes over the role from José Maria Palencia.

Asia Pacific passenger traffic maintains solid growth rate in September

Source: ©The Moodie Report - 13/11/14

ASIA PACIFIC. Passenger traffic at Asia Pacific’s airports climbed by +5.1% year-on-year in September, ACI Asia-Pacific reports, with Middle East airports up +9.3%.

Autogrill Group posts marginal decline in nine-month revenue and EBITDA

Source: ©The Moodie Report - 13/11/14

INTERNATIONAL. Autogrill Group consolidated revenues for the first nine months of 2014 hit €2,868.6 million, down by -0.9% year-on-year.

Fazer appoints Kreol Travel Retail as distributor for Indian duty free

Source: ©The Moodie Report - 07/11/14

Finland's leading confectionery group Fazer has appointed Kreol Travel Retail as distributor for its range of brands in the Indian duty free market.

Dufry maintains revenue and EBITDA growth momentum in first nine months

Source: ©The Moodie Report - 03/11/14

INTERNATIONAL. Dufry Group’s turnover climbed by +9% year-on-year in the first nine months of 2014 (+12.4% at constant exchange rates) to CHF2,930.9 million (US$3 billion). The increase came through a combination of organic growth and the consolidation of Nuance since September. CEO Julián Díaz said: “2014 has been a year of many challenges and great achievements. Having executed well in many of the projects, we now focus our efforts on the integration and generation of synergies in the Nuance acquisition.”

Flemingo targets US$1 billion in sales by 2015; looks ahead to IPO

Source: ©The Moodie Report - 28/10/14

INTERNATIONAL. Emerging markets specialist travel retailer Flemingo International says it is on track to hit its target of US$2 billion in sales by 2020.

International airline passenger traffic maintains solid growth in August

Source: ©The Moodie Report - 06/10/14

INTERNATIONAL. Passenger traffic on the world’s airlines climbed by +5.9% year-on-year in August, the International Air Transport Association has reported.

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

Source: ©The Moodie Report - 01/10/14

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.

Flemingo attracts further backing as Samena Capital invests

Source: ©The Moodie Report - 01/10/14

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

Plaza Premium Lounge opens first transit hotel at Bengaluru Airport

Source: ©The Moodie Report - 30/09/14

INDIA. The leading passenger lounge operator has opened a hotel offering hourly rates for transfer passengers in the airport’s domestic terminal.

APTRA calls on retailers to limit tobacco sales to India-bound travellers

Source: ©The Moodie Report - 08/09/14

ASIA PACIFIC. The Asia Pacific Travel Retail Association is calling on retailers to note the new inbound allowances on tobacco for passengers travelling to India.

International passenger growth drives airport traffic worldwide in first half

Source: ©The Moodie Report - 15/08/14

INTERNATIONAL. International passenger traffic at world airports climbed by +5% year-on-year in June and by +5.7% in the first six months of 2014, says ACI.

Flemingo partners with Harley Davidson for Street Thunder motorcycle event

Source: ©The Moodie Report - 11/08/14

SRI LANKA. Flemingo Duty Free has teamed up with the Harley Owners Group (HOG) for the second Street Thunder motorcycle ride around Sri Lanka.

Strong Pound Sterling impact hits SSP Group sales in latest quarter

Source: ©The Moodie Report - 07/08/14

UK. SSP Group sales dipped by -1.4% year-on-year in the period from 1 April to 30 June, with currency changes the big factor, the company noted in a trading update.

World Duty Free Group revenues climb but EBITDA falls in H1 2014

Source: ©The Moodie Report - 01/08/14

INTERNATIONAL. World Duty Free Group today reported a solid rise in first-half revenues but a dip in EBITDA for the period. UPDATED STORY.

Delhi Duty Free named ‘Super Star of the Year’ at GMR-IGI Airport Awards

Source: ©The Moodie Report - 31/07/14

INDIA. Delhi Duty Free Services has won the ‘Super Star of the Year’ award at the GMR-IGI (Indira Gandhi International) Airport Business Partner Awards 2014.

Kreol Travel Retail calls for US$1,000 Indian inbound duty free allowance limit

Source: ©The Moodie Report - 28/07/14

INDIA. Kreol Travel Retail CEO A.S. Lal has called on Indian authorities to further raise the inbound duty free allowance for returning residents to US$1,000.

Bombshell as India’s inbound duty free tobacco allowance is halved

Source: ©The Moodie Report - 14/07/14

INDIA. Retailers in India and abroad weigh up the repercussions of sudden, draconian cuts in the tobacco allowance. Updated with APTRA comment.

Passenger traffic growth led by Middle East and Latin America-Caribbean

Source: ©The Moodie Report - 11/07/14

INTERNATIONAL. Passenger traffic at the world’s airports grew by +4.7% year-on-year in May, ahead of the global average for the last 12 months, said ACI.

SSP Group shares priced at 210 pence in initial public offering

Source: ©The Moodie Report - 10/07/14

UK. SSP Group set its initial public offering share price at 210 pence on Thursday morning, valuing the company at around £997 million as share trading began.

Asia Pacific visitor arrivals to maintain strong growth to 2018, says PATA

Source: ©The Moodie Report - 09/07/14

ASIA PACIFIC. Visitor arrivals to Asia Pacific will climb by an average +6.5% per year from 2014 to 2018, according to the latest forecasts from PATA.

Indian trade body proposes doubling of duty free liquor allowance to 4 litres

Source: Business Standard - 04/07/14

INDIA. Raising the duty free allowance from the current two litres to four would generate an estimated US$125 million in additional sales, according to ASSOCHAM.

Rakhita Jayawardena: 30 years in inflight retail and still going strong

Source: ©The Moodie Report - 18/06/14

INTERNATIONAL. We talk to inflight retail veteran Rakhita Jayawardena, named Personality of the Year at this week's Airline Retail Conference.

Travel food specialist SSP posts surge in operating profit in first half

Source: ©The Moodie Report - 09/06/14

INTERNATIONAL. SSP has posted a +16.6% surge in operating profit (+28.2% at constant exchange rates) for the six months to 31 March.

Dufry CEO hails Nuance acquisition as a global powerhouse is born

Source: ©The Moodie Report - 04/06/14

INTERNATIONAL. Dufry CEO Julián Díaz talks about the impact of the Nuance acquisition, the integration plan and the company's ambitions for category growth.

ACI honours Hyderabad International with ‘Roll of Excellence’ award

Source: ©The Moodie Report - 03/06/14

INDIA. Rajiv Gandhi International Airport (RGIA) has become the first Indian airport to receive the ‘ACI Director General’s Roll of Excellence’ award.

LS travel retail ASPAC hails new klia2 opening and signals expansion

Source: ©The Moodie Report - 03/06/14

ASIA PACIFIC. LS travel retail ASPAC has hailed the opening of its MY Lifestyle Gallery at klia2, and underlined its aim to expand in multiple trading channels.

Delhi Duty Free welcomes first commercial Airbus A380 flight to India

Source: ©The Moodie Report - 02/06/14

INDIA. Delhi Duty Free welcomed passengers on the inaugural flight of Singapore Airlines’ Airbus A380 to India on 30 May with gifts and shopping vouchers.

LS travel retail forecasts +5-10% annual sales growth to 2016

Source: ©The Moodie Report - 29/05/14

INTERNATIONAL. LS travel retail is forecasting sales growth of +5-10% a year to 2016, and plans to lift EBITDA margin by one percentage point.

Bangalore International Airport Limited holds inaugural BIAL Pinnacle Awards

Source: ©The Moodie Report - 26/05/14

INDIA. Bangalore International Airport Limited’s (BIAL) Pinnacle Awards acknowledge and reward performance excellence in the airport community.

Dwell time, choice and value key to driving commercial, says DKMA survey

Source: DKMA - 22/05/14

INTERNATIONAL. The DKMA Airport Retail and F&B survey of 15 locations outlined four key areas that airports should address to grow their retail and F&B revenues.

Retailer and airport numbers climb +8.7% at Singapore show, says TFWA

Source: ©The Moodie Report - 16/05/14

ASIA PACIFIC. The TFWA Asia Pacific Exhibition & Conference attracted 982 travel retailers and airport landlords this week (+8.7% on 2013), TFWA says.

International visitor spending increases +5% and exceeds long term trend in 2013

Source: ©The Moodie Report - 15/05/14

INTERNATIONAL. The latest UNWTO World Tourism Barometer indicates total export earnings generated by international tourism in 2013 of US$1.4 trillion.

Live and online: The Moodie Report Print Edition and Category Insight

Source: ©The Moodie Report - 09/05/14

INTERNATIONAL. Welcome to the latest digital and iPad-compatible The Moodie Report Print Edition and Category Insight, available in full – editorial and advertising.

Flemingo Foundation extends activities to India and Kenya

Source: ©The Moodie Report - 08/05/14

ASIA/AFRICA. Flemingo International is extending the activities of its charity foundation to India and Kenya, after its work in Sri Lanka with vulnerable children.

ARI overseas profits hit €29.4 million; Dublin and Cork stores flourish

Source: ©The Moodie Report - 07/05/14

IRELAND/INTERNATIONAL. ARI's offshore operations post €29.4 million profit in 2013, boosted by €11.3 million in exceptional items, mainly from the disposal of its share in Aerofirst.

Dufry posts solid turnover and EBITDA growth in first quarter of 2014

Source: ©The Moodie Report - 06/05/14

INTERNATIONAL. Dufry’s turnover grew by +9.0% at constant exchange rates in Q1 2014, though there was a strong currency impact in key markets.

Cochin Airport plots ambitious duty free expansion at new terminal

Source: ©The Moodie Report - 22/04/14

INDIA. Cochin International Airport Ltd has pledged an impressive commercial offer, including 40,000sq ft of duty free space, at its new international terminal.

Delhi Duty Free sales to grow by double digits in 2014, says ARI

Source: ©The Moodie Report - 17/04/14

INDIA. Sales at Delhi Duty Free are forecast to grow by at least +12% year-on-year in 2014 to “well in excess of €100 million”, according to ARI.

Delhi Airport opens third outlet for Happily Unmarried brand

Source: ©The Moodie Report - 14/04/14

INDIA. Lifestyle and gifting brand Happily Unmarried has opened its third outlet at Delhi Indira Gandhi International Airport Terminal 3.

Delhi Duty Free opens Victoria’s Secret and Armani Jeans at Delhi T3

Source: ©The Moodie Report - 14/04/14

INDIA. The Delhi Duty Free joint venture has opened the first Victoria’s Secret beauty and accessories store at Delhi T3, in addition to an Armani Jeans outlet.

Asia Pacific visitor arrivals to maintain strong growth to 2018, says PATA

Source: ©The Moodie Report - 08/04/14

ASIA PACIFIC. Visitor arrivals to the Asia Pacific region are projected to surge by +6.5% a year to 670 million in 2018, says the Pacific Asia Travel Association.

New terminal, new routes drive Bengaluru Airport traffic growth

Source: ©The Moodie Report - 08/04/14

INDIA. New domestic and international routes and enhanced facilities, including the opening of Terminal 1A last year, helped drive annual traffic at Bangalore.

The Moodie Report e-Zine Special Issue: The Nuance Group IPO

Source: ©The Moodie Report - 07/04/14

INTERNATIONAL. In a special issue of The Moodie e-Zine, Nuance President & CEO Roberto Graziani opens up for the first time on the group's planned IPO.

TFWA reveals workshop line-up for Asia Pacific conference in May

Source: ©The Moodie Report - 20/03/14

ASIA PACIFIC. TFWA has revealed details of four workshops for the first day of the TFWA Asia Pacific Conference, which takes place in Singapore on 12 May.

Dufry posts +7.8% rise in EBITDA for 2013; revenue increases by +13.3%

Source: ©The Moodie Report - 13/03/14

SWITZERLAND. Despite a heavy increase in Brazillian concession costs, Dufry maintains solid profits growth. Read on for full results.