Travel Retail and Duty Free Business Intelligence    Friday 19 December 2014

OTHER SHOPS

DFS Group announces entry to Cambodia with T Galleria store in Siem Reap

Source: ©The Moodie Report - 19/12/14

CAMBODIA. DFS Group today announced its entry into Cambodia, with plans to open a T Galleria by DFS store in Siem Reap, close to the heritage site of Angkor Wat, in early 2016. DFS Group Chairman and CEO Philippe Schaus says: “Coming to Cambodia is a momentous occasion for DFS and we are honoured to be able to contribute to its allure as one of the world’s most desirable travel destinations."

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.

Sunglasses Awards short-list revealed; record number of entries received

Source: ©The Moodie Report - 21/10/14

INTERNATIONAL. The shortlist is announced for the annual Sunglasses Awards, which will be presented at TFWA World Exhibition in Cannes next week.

Chinese and Hong Kong tax free spend in UK surges in September

Source: ©The Moodie Report - 20/10/14

UK. The start of the academic year has provided a boost for retailers as families accompany international students to the UK, according to Global Blue.

New landmark in Seoul as Lotte World Tower begins phased opening

Source: ©The Moodie Report - 15/10/14

SOUTH KOREA. The first phases of the ambitious development opened earlier this week, with Lotte Duty Free’s 10,990sq m store opening today (16 October).

South Korea confirms new licences for downtown duty free stores

Source: Reuters; ©The Moodie Report - 08/10/14

SOUTH KOREA. The country plans to release an undisclosed number of new licences for downtown duty free shops, the Deputy Prime Minister has said.

Armani Group makes four-store investment at Haitang Bay complex

Source: ©The Moodie Report - 06/10/14

CHINA. The fashion group has opened 865sq m of retail space across four sub-brands at the new mall on Hainan Island, operated by China Duty Free Group.

Global Blue anticipates tax free sales surge as Chinese Golden Week begins

Source: ©The Moodie Report - 01/10/14

UK. Tax refund company Global Blue recorded a +35% year-on-year increase in tax free spend from Chinese travellers in the UK during the holiday in 2013.

Strong rail border business offsets airport loss for Sky Connection

Source: ©The Moodie Report - 23/09/14

HONG KONG. NWS Holdings has reported lower revenue and operating profit for its business division including Sky Connection in fiscal year 2014.

Neutral trebles sales in new downtown Rivera store as mall opening nears

Source: ©The Moodie Report - 16/09/14

URUGUAY. The retailer has reported impressive early growth, with a bigger development to follow at the Uruguay-Brazil border location next year.

DFS Group brings T Galleria brand to stores in Guam and Saipan

Source: ©The Moodie Report - 15/09/14

MICRONESIA. The roll out of the new branding is accompanied by significant upgrades and supporting community projects at both locations.

MEADFA reveals details of annual regional conference in Dubai

Source: ©The Moodie Report - 10/09/14

MIDDLE EAST/AFRICA. The Middle East & Africa Duty Free Association and TFWA have revealed details of the programme of this year’s MEADFA Conference.

China Duty Free ‘proud and confident’ after landmark Haitang Bay opening

Source: ©The Moodie Report China - 03/09/14

CHINA. China Duty Free Group (CDF) Chairman Peng Hui says the company is highly optimistic about prospects for its spectacular new CDF Mall.

Setur Duty Free opens new airport and seaport operations

Source: ©The Moodie Report - 02/09/14

TURKEY. Setur Duty Free has opened new airport and seaport operations as it seeks expansion within its core Turkish market as well as targeting growth overseas.

DFS Group set to give travellers the First Class Beauty treatment

Source: ©The Moodie Report - 28/08/14

INTERNATIONAL. "The ultimate beauty shopping experience." That's how DFS describes one of its biggest-ever global campaigns, set to roll out next month.

Mumbai Port Trust tenders duty free store at international cruise terminal

Source: ©The Moodie Report - 27/08/14

INDIA. The company is seeking a duty free retailer at Mumbai International Cruise Terminal to manage the business under an 11-month contract.

Duty Free Americas responds as border project threatens San Ysidro store

Source: ©The Moodie Report - 26/08/14

USA. The retailer’s proposal for a new multi-use complex is gaining local support as its flagship store is marked for closure under a border development plan.

Private equity firm to acquire speciality retailer Marshall Retail Group

Source: ©The Moodie Report - 26/08/14

USA. Private equity firm Brentwood Associates is to acquire Marshall Retail Group, a leading speciality retailer which operates stores across US airports.

7 days and counting: CDFG set to open the world’s largest duty free complex

Source: ©The Moodie Report China - 25/08/14

CHINA. Excitement is mounting as China Duty Free Group puts the final touches to its much-anticipated Haitang Bay Shopping Complex before the trial opening next Monday (1 September). The extraordinary facility boasts the world’s largest duty free shopping centre, supported by a strong duty paid, food & beverage and entertainment offer.

Abu Dhabi Airports hails opening of Starter concept at Skypark Plaza

Source: ©The Moodie Report - 25/08/14

UAE. Abu Dhabi Airports has said the opening of Flemingo International’s new Starter supermarket builds on its plans to develop the Skypark Plaza.

China Duty Free Group announces Cambodia downtown duty free stores

Source: The Moodie Report; ECNS.cn - 12/08/14

CAMBODIA. China Duty Free Group has confirmed that it plans to open a 4,500sq m downtown duty free store in Siem Reap, followed by another in Phnom Penh City.

Russian and Japanese tax free spending falls sharply in first quarter

Source: ©The Moodie Report - 07/08/14

INTERNATIONAL. Tax free sales to Russian and Japanese travellers fell sharply in the second quarter, says tax refund specialist Global Blue.

Aviation group Avia Solutions creates new duty free company

Source: ©The Moodie Report - 04/08/14

LITHUANIA. Avia Solutions Group, a provider of aviation business solutions, has created a duty free retailer called Globus Distribution, with plans to open 40 stores.

LS travel retail performance lifts Lagardère Services in first half

Source: ©The Moodie Report - 01/08/14

FRANCE. LS travel retail sales climbed by +8.1% on a reported basis, and +4.3% like-for-like in the first half of 2014, parent group Lagardère has reported.

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.

Isetan Mitsukoshi, JATCo and Narita Airport confirm downtown duty free deal

Source: ©The Moodie Report - 31/07/14

JAPAN. Isetan Mitsukoshi Holdings, Narita International Airport Corporation and JATCo have confirmed a deal to open a downtown duty free operation in Tokyo.

Isetan Mitsukoshi considers first duty free store in downtown Tokyo

Source: Nikkei; The Moodie Report - 30/07/14

JAPAN. The department store retailer has confirmed that it is considering opening a duty free store but has made no firm plans at this stage.

New USA border operation Duty Free City opens for business

Source: ©The Moodie Report - 30/07/14

USA. Duty Free City opened its flagship store at San Ysidro on the USA-Mexico border this week. The company has plans for 25 stores in the years ahead.