Travel Retail and Duty Free Business Intelligence    Saturday 30 May 2015

OTHER SHOPS

ASUTIL 2015: delegate numbers up for next week’s conference

Source: ©The Moodie Report - 29/05/15

LATIN AMERICA. ASUTIL expects up to 350 delegates at its annual conference, which opens this Wednesday 3 June at the Westin Playa Bonita hotel in Panama City.

Chinese tourism to Korea booms amid race for duty free licences

Source: ©The Moodie Report - 25/05/15

SOUTH KOREA. Surging Chinese tourism drives race for duty free licences in Seoul and Jeju. Now E-Land, in a noteworthy tie-up with Dufry, enters the fray.

The Moodie Report: A message to our valued industry partners

Source: ©The Moodie Report - 22/05/15

INTERNATIONAL. As The Moodie Report changes ownership, we carry an important message about invoicing and payment to our industry partners.

SSP posts healthy profits and like-for-like sales growth in H1

Source: ©The Moodie Report - 21/05/15

UK/INTERNATIONAL. SSP has revealed revenue growth of +2.6% for the half year to 31 March, as well as a sharp profit rise, though the strong Pound had a negative impact.

The Moodie Report e-Zine Issue 165: Hitting new heights at Changi

Source: ©The Moodie Report - 20/05/15

INTERNATIONAL. In this issue Martin Moodie takes a look inside DFS Group’s extraordinary new duplex store at Singapore Changi Airport Terminal 3.

Jihua Park concept provides a new ‘lifestyle destination’ for Chinese travellers

Source: ©The Moodie Report - 19/05/15

CHINA. A new ‘lifestyle destination’ for Chinese consumers is promised as the Jihua Park retail-to-leisure concept is developed across 35 locations.

Edizione rebuts FT claims over Dufry-World Duty Free Group deal

Source: The Financial Times; The Moodie Report - 15/05/15

INTERNATIONAL. Benetton family-controlled Edizione has rebutted claims made in The Financial Times about Boyu Capital’s offer to buy WDFG.

Live and online: The Moodie Report Print Edition May 2015

Source: ©The Moodie Report - 07/05/15

INTERNATIONAL. Welcome to the digital, iPad-compatible version of The Moodie Report Print Edition for May 2015, available in full – editorial and advertising.

Hong Kong duty free border business hit by new restrictions on Chinese travel

Source: ©The Moodie Report - 29/04/15

HONG KONG. Land border and railway duty free has been hit hard by new government restrictions on Mainland Chinese visitors, introduced on 13 April.

Shilla turns in strong results as Changi losses ease

Source: ©The Moodie Report - 27/04/15

SOUTH KOREA. The Shilla Duty Free posted a +44% increase in consolidated revenues for Q1 with operating profits up by +45.3% despite heavy (though easing) losses at Changi Airport.

Flemingo names Carlo Bernasconi as Group Chief Operating Officer

Source: ©The Moodie Report - 21/04/15

INTERNATIONAL. Flemingo International has named Carlo Bernasconi as Chief Operating Officer; since March 2013 he has headed the retailer's expansion drive.

Incheon International to create gaming, entertainment and luxury retail complex

Source: ©The Moodie Report - 21/04/15

SOUTH KOREA. Incheon International Airport Corporation is to develop an entertainment and luxury retail complex with a US casino operator on airport land.

DFS revenues hit by 'currency and geopolitical developments' in Q1

Source: ©The Moodie Report - 13/04/15

INTERNATIONAL. LVMH posted a +16% increase in reported Q1 2015 revenue, but DFS continued to be affected by "a complex situation in Asia".

Kinmen duty free receives boost as shopping allowance is increased

Source: ©The Moodie Report - 13/04/15

TAIWAN. In a big boost to the offshore tourism business, the duty free allowance for visitors to Kinmen has leapt from NTD60,000 to NTD1 million.

Shilla and Hyundai align in bid for Seoul downtown duty free licence

Source: ©The Moodie Report - 12/04/15

SOUTH KOREA. Two of the country's most powerful companies, including The Shilla Duty Free, are joining forces in a plan to open the nation's largest duty free store.

Travel retail agents team up to create IBG International Brands Group

Source: ©The Moodie Report - 01/04/15

INTERNATIONAL. A number of travel retail specialist agencies have teamed up to create a network under the title IBG International Brands Group.

Former Nuance boss Roberto Graziani to lead Shilla's international expansion

Source: ©The Moodie Report - 25/03/15

SOUTH KOREA. Hotel Shilla has announced named former Nuance Group CEO Roberto Graziani as Board Member to lead its overseas expansion.

Lotte declares interest in World Duty Free Group acquisition

Source: ©The Moodie Report - 24/03/15

SOUTH KOREA. Lotte Group, parent of Korea’s leading duty free retailer Lotte Duty Free, today publicly declared its interest in bidding for World Duty Free Group.

Qatar Investment Authority to team up with Dufry in WDFG bid – Reuters

Source: ©The Moodie Report - 23/03/15

INTERNATIONAL. Qatar Investment Authority is to partner with Dufry in a bid for World Duty Free Group, according to a report from Reuters today.

TFWA reveals Singapore conference and workshop programme

Source: ©The Moodie Report - 20/03/15

ASIA PACIFIC. TFWA has revealed the conference and workshop programme for this year’s TFWA Asia Pacific Exhibition & Conference (May 10-14).

UnionPay International extends airport retail partnerships to new markets

Source: ©The Moodie Report - 20/03/15

CHINA/INTERNATIONAL. Payment service provider UnionPay International has launched a new privilege programme with duty free partners at 70 airports.

Live and online: The Moodie Report Print Edition for March/April 2015

Source: ©The Moodie Report - 19/03/15

INTERNATIONAL. Welcome to the digital, iPad-compatible version of The Moodie Report Print Edition for March/April 2015, available in full – editorial and advertising.

Sean Staunton renews term as MEADFA President; new board elected

Source: ©The Moodie Report - 18/03/15

MIDDLE EAST/AFRICA. The Middle East & Africa Duty Free Association has named Sean Staunton as President for a further two-year term and elected a new board.

Georgia Revenue Service issues tender for border store contract

Source: ©The Moodie Report - 17/03/15

GEORGIA. Georgia Revenue Service has launched a tender for a ten-year duty free concession on the Georgia-Turkey border, with a bid deadline of 31 March.

APTRA launches Mandarin version of its website and newsletter

Source: ©The Moodie Report - 11/03/15

ASIA PACIFIC. The Asia Pacific Travel Retail Association has recognised the key role of Chinese consumers and retailers in the industry with a Mandarin website.

Dufry turnover hits record high despite currency impact in key markets

Source: ©The Moodie Report - 11/03/15

INTERNATIONAL. Dufry Group turnover hit a new annual high in 2014, climbing +17.5% year-on-year, despite the impact of the strong Swiss Franc.

World Duty Free Group posts double-digit revenue rise in 2014

Source: ©The Moodie Report - 11/03/15

INTERNATIONAL. World Duty Free Group (WDFG) revenues climbed by +15.8% year-on-year to hit €2,406.6 million in 2014 (+13.7% at constant exchange rates).

China remains number one nationality for tax free shopping spend in 2014

Source: ©The Moodie Report - 10/03/15

INTERNATIONAL. Chinese travellers grew their tax free shopping spend by +18% in 2014, and account for 30% of tax free shopping worldwide, says Global Blue.

Reports of Duty Free Philippines privatisation premature

Source: ©The Moodie Report - 10/03/15

PHILIPPINES. A report claiming that the government has “revived” plans to privatise Duty Free Philippines is met with scepticism by the Department of Tourism.

Lotte delights in Jeju duty free success as China boom quickens

Source: ©The Moodie Report - 05/03/15

SOUTH KOREA. Lotte Duty Free has pledged its commitment to local brands and a wider range of products after securing a vital downtown duty free licence for Jeju Island.

DFS launches Spring/Summer 2015 campaign across T Galleria network

Source: ©The Moodie Report - 02/03/15

INTERNATIONAL. DFS has launched its Spring/Summer 2015 campaign using the journeys of three travellers and social media influencers as inspiration.

Big boost for Lotte Duty Free as it wins new Jeju downtown licence

Source: ©The Moodie Report - 27/02/15

SOUTH KOREA. Lotte Duty Free wins new duty free licence for Jeju, beating off competition from The Shilla Duty Free and Booyoung Group, we can reveal.

Decision imminent as Lotte and Shilla compete for Jeju duty free licence

Source: The Moodie Report, Yonhap News Agency - 26/02/15

SOUTH KOREA. The two retailers, plus Booyoung Group, have submitted bids for a five-year downtown duty free licence on Jeju Island, The Moodie Report confirms.

Peter Ayling named Chairman of UK Travel Retail Consortium

Source: ©The Moodie Report - 23/02/15

UK. Peter Ayling has been elected as Chairman of the UK Travel Retail Consortium for a two-year period, after Richard Thorpe steps down from the role.

Duty free division shines in Hotel Shilla fourth quarter results

Source: ©The Moodie Report - 11/02/15

SOUTH KOREA. Duty free sales surged by +27.1% year-on-year to KRW659 billion (US$0.6 billion), boosted by +39% growth in downtown revenues.

DFS wins travel retail award from luxury goods title The Hurun Report

Source: ©The Moodie Report - 10/02/15

CHINA. DFS Group has won the Best Travel Retail Award at Chinese luxury goods title The Hurun Report’s Best of the Best Awards for 2015.

Strong travel retail sales performance buoys Lagardère Services in 2014

Source: ©The Moodie Report - 10/02/15

FRANCE. A strong performance from travel retail helped lift Lagardère Services’ net sales by +1.8% in 2014, with the figure hitting €3.81 billion. UPDATED.

The Moodie Report e-Zine: Terminal 4 transformed at New York JFK

Source: ©The Moodie Report - 04/02/15

INTERNATIONAL. We pay a visit to New York JFK Airport, and find a fresh, vibrant consumer experience at the new–look T4 amid a US$1.4 billion investment.

Currency impact and geopolitics dampen DFS performance in 2014

Source: ©The Moodie Report - 03/02/15

INTERNATIONAL. The LVMH Selective Retailing division, which includes DFS Group, has reported a +7% rise in revenues but a -3% dip in profits in 2014.

Georgia Revenue Service to call tender for new border duty free operation

Source: ©The Moodie Report - 30/01/15

GEORGIA. Georgia Revenue Service is preparing to call a tender for a new duty free operation on the Georgia-Turkey border, at Kartsakhi.

IAADFS highlights strong registration levels for 2015 Orlando show

Source: ©The Moodie Report - 30/01/15

USA. The IAADFS Duty Free Show of the Americas, to be held on 22-25 March in Orlando, has attracted strong exhibitor and visitor registration, say organisers.

Russia currency crisis hits tax free shopping but Chinese spending grows

Source: ©The Moodie Report - 29/01/15

RUSSIA. Russian spend on tax free shopping dropped by -33% in Q4 2014 while Chinese spending continued to grow, says tax refund company Global Blue.

Fairn & Swanson sues government bureau for loss of warehouse licence

Source: ©The Moodie Report - 26/01/15

USA. Duty free wholesaler and retailer Fairn & Swanson has sued the Alcohol and Tobacco Tax & Trade Bureau, after its export warehouse permit was terminated.

TFWA offers networking programme at 'China’s Century' Conference

Source: ©The Moodie Report - 23/01/15

CHINA. TFWA says its ONE2ONE meetings service will be central to networking at its China conference on 10-12 March in Shanghai.

London Supply raises US$645,848 at annual charity golf tournament

Source: ©The Moodie Report - 22/01/15

URUGUAY. London Supply hosted its 11th annual golf tournament in Uruguay, raising over US$645,000 to improve an elderly care home.

South Korean authorities announce four new downtown duty free licences

Source: ©The Moodie Report - 20/01/15

SOUTH KOREA. The licences will be available to all retailers, including the industry giants, newcomers and small and medium enterprises.

World Duty Free Group outlines three-year plan; targets €3 billion in sales by 2017

Source: ©The Moodie Report - 16/01/15

INTERNATIONAL. World Duty Free Group has outlined a three-year plan based on maximising its existing portfolio, improving profits in Spain and expanding in the USA.

Ambitious Detail Design plots expansion in airport retail and F&B sector

Source: ©The Moodie Report - 14/01/15

SWITZERLAND. Design and architecture firm Detail Design marks its 15th anniversary and reveals ambitions to grow in the airport retail market.

Ever Rich opens Kinmen hotel; new rules encourage Chinese visitors

Source: ©The Moodie Report - 14/01/15

TAIWAN. Ever Rich Group has opened its five-star Golden Lake Hotel in Kinmen, adjacent to its ambitious duty free plaza, as new visa rules from China build tourism.

Paraguay reforms duty regime to face Brazilian border competition

Source: ©The Moodie Report, ABC Color - 08/01/15

PARAGUAY. Paraguay is broadening its regime of reduced tariff rates on goods sold to tourists to remain competitive with neighbouring Brazil.