Travel Retail and Duty Free Business Intelligence    Saturday 28 February 2015

OTHER SHOPS

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.

Gebr Heinemann wins accolade for new Erlensee logistics centre

Source: ©The Moodie Report - 07/01/15

GERMANY. Gebr Heinemann's new logistics centre has received the 2014 Gold SAP Quality Award for its Extended Warehouse Management system.

Luxury retail market hit by declining gaming revenue in Macau

Source: ©The Moodie Report - 06/01/15

MACAU. Macau’s annual gaming revenue dropped for the first time in more than a decade in 2014, with a knock-on effect to the luxury retail market.

Canadian airport duty free sales surge in November; land border sales fall

Source: ©The Moodie Report - 05/01/15

CANADA. Duty free sales at Canadian airports surged by +21% year-on-year in November, while land border sales posted a decline of -5.75% in the month.

New duty free shop opens in Wuhan, central China – local reports

Source: CRJ English.com - 05/01/15

CHINA. Reports from China reveal the 25 December opening of the first downtown duty free shop in Wuhan, capital of Hubei province in central China.

Travel retail alliance hails European agreement on credit card fees

Source: ©The Moodie Report - 02/01/15

EUROPE. The Travel Retail Fair Payment Alliance (FPA) has hailed news of a deal that should offer retailers fairer credit card fee and rate structures in the EU.

Picture Gallery: China Duty Free Group opens in Siem Reap, Cambodia

Source: ©The Moodie Report - 01/01/15

CAMBODIA. As China Duty Free Group opens its much-anticipated downtown duty free store in Siem Reap, The Moodie Report brings you the first pictures.

Macintyre Scott extends distribution partnership with NAAFI

Source: ©The Moodie Report - 29/12/14

UK. Travel retail distribution specialist Macintyre Scott Xtra signs a two-year deal to deliver products to Navy, Army and Air Force Institutes sites worldwide.

DFS Group to enter Cambodia with spectacular T Galleria in Siem Reap

Source: ©The Moodie Report - 19/12/14

CAMBODIA. DFS unveils highly ambitious plans to open a T Galleria by DFS store in Siem Reap, near the heritage site of Angkor Wat, in early 2016.

Canadian government eases ‘red tape’ requirements for duty free retailers

Source: ©The Moodie Report - 12/12/14

CANADA. In a move welcomed by the Frontier Duty Free Association, Canada's government has streamlined regulations for the industry following a Strategic Review.

Frank O’Connell: Research and impact studies among World Council priorities

Source: ©The Moodie Report - 05/12/14

INTERNATIONAL. Developing a body of research and compiling a study on travel retail's economic impact are early priorities for the Duty Free World Council.

7-Eleven begins tax free shopping service for tourists in Japan

Source: ©The Moodie Report - 03/12/14

JAPAN. The redrawing of Japan’s travel retail market continues as 7-Eleven becomes the first convenience store offering tax free sales to tourists.

Dufry names Gustavo Magalhães Fagundes to head Region America II

Source: ©The Moodie Report - 02/12/14

SOUTH AMERICA. Dufry has named Gustavo Magalhães Fagundes as Chief Operating Officer of Region America II, succeeding José Carlos Rosa.

Best of Canada recognised at FDFA Gold Standard Awards

Source: ©The Moodie Report - 26/11/14

CANADA. The Frontier Duty Free Association celebrated excellence across the country's duty free market at its 29th annual convention in Toronto last week.

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.

The Moodie Report e-Zine: David Beckham kicks off Haig Club launch

Source: ©The Moodie Report - 20/11/14

INTERNATIONAL. Beckham discusses his involvement in Diageo's single grain whisky and King Power International Group (Thailand) celebrates 25 years.

Uruguayan Border Meeting: first photos of key industry gathering

Source: ©The Moodie Report - 20/11/14

URUGUAY. First photos are at hand of the Second Border Meeting, held on 12 November in Rivera, which confronted new challenges in the border store sector.

Furla revamps space with JR/Duty Free at Melbourne downtown store

Source: ©The Moodie Report - 19/11/14

Italian leathergoods house Furla last week revealed its newly refurbished personalised corner in JR/Duty Free’s downtown duty free store in Melbourne.

King Power celebrates 25th anniversary; announces Phuket store

Source: ©The Moodie Report - 18/11/14

THAILAND. We bring you the first images of King Power International Group (Thailand)'s spectacular 25th anniversary celebrations in Bangkok.

Marking 25 years of achievement at King Power International Group (Thailand)

Source: ©The Moodie Report - 17/11/14

THAILAND. As King Power International Group (Thailand) celebrates its 25th anniversary, Martin Moodie interviews Chairman Vichai Srivaddhanaprabha.

Tourvest aims to take true destination retailing to the world

Source: ©The Moodie Report - 17/11/14

Neil Austen, the New Business Manager of Tourvest Destination Retail, talks about taking the South African company’s finely honed skill in destination retail to the world.

Uruguayan Border Meeting: new developments, laws and challenges

Source: ©The Moodie Report - 16/11/14

URUGUAY. The Second Border Meeting, held on 12 November in Rivera, has seen a positive response to new challenges in the Uruguayan border store sector.

Border operator Duty Free City hosts Grand Opening in San Ysidro

Source: ©The Moodie Report - 14/11/14

USA. The retailer hosted a day of promotions and activities at its 14,000sq ft debut location serving the border crossing between the US and Mexico.

Lotte Duty Free extends overseas push; plans to open in downtown Tokyo

Source: The Moodie Report; News On Japan - 13/11/14

JAPAN. Lotte Duty Free is planning to extend its footprint in Japan by opening a downtown duty free store in Tokyo’s Ginza shopping district.

The Moodie Report e-Zine: Le Clos captures the greatness of Grange; DFS shows a masterly touch in Singapore

Source: ©The Moodie Report - 13/11/14

INTERNATIONAL. In this edition of travel retail's only weekly magazine (and the channel's fastest-growing media) we spotlight an outstanding wine initiative from Le Clos and Penfolds Grange at Dubai International, and we examine DFS Group's stellar wines & spirits showcase in Singapore. Martin Moodie also reports from South Korea and a travel retail market undergoing structural change.

Duty Free World Council to explore creation of an industry Academy

Source: ©The Moodie Report - 12/11/14

INTERNATIONAL. The Duty Free World Council is to explore the establishment of a Duty Free and Travel Retail Academy to promote industry education and training.

Shoppes at Four Seasons reopens after HK$100 million renovation

Source: ©The Moodie Report - 11/11/14

MACAU. The renovated luxury shopping mall and home of T Galleria Macau by DFS has been reopened by football superstar David Beckham.

Nuance to lead luxury shoppers into Temptation at new Macau mall

Source: ©The Moodie Report - 10/11/14

MACAU. The 20,000sq ft outlet will bolster Nuance’s strong presence on Macau’s downtown market when the Shoppes at Parisian mall opens next year.

The Moodie e-Zine: Irish accolade for McLoughlin; upheaval in Korea

Source: ©The Moodie Report - 06/11/14

INTERNATIONAL. We're on location in South Korea, assessing big changes in travel retail. And in Ireland one of the industry's great servants is lauded.

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.

Cecil Macdonald and Inflight Initiatives to host Cannes airline dinner

Source: ©The Moodie Report - 22/10/14

UK/FRANCE. Cecil Macdonald and Inflight Initiatives are joining forces for the 14th year to host an informal dinner for business partners in Cannes next week.