The Moodie Report

Travel Retail and Duty Free Business Intelligence    Friday 30 January 2015

The Moodie Report Stock Watch 29 January; Main mover: World Duty Free Group shares surge +8.98% on market speculation of an imminent deal        China International Travel Services (CDFG): Close CNY45.85, Change +0.04%, 52-week High CNY49.47; 52-week Low CNY30.11       Dufry: Close 136.30, Change +3.10%, 52-week High 168.00; 52-week Low 120.50       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩103,500, Change -1.43%, 52-week High ₩135,500; 52-week Low ₩73,800       Japan Airport Terminal Co: Close ¥5,400, Change -0.55%, 52-week High ¥5,470; 52-week Low ¥1,933       Lagardère (Aelia, LS travel retail, Relay ): Close €24.93, Change +1.42%, 52-week High €26.58; 52-week Low €17.83       LVMH (DFS Group, Starboard Cruise Services): Close €144.70, Change -0.34%, 52-week High €146.00; 52-week Low €109.05       MISR Duty Free Shops: Close 3.60, Change -0.83%, 52-week High 3.80, 52-week Low 2.88       World Duty Free Group: Close 9.59, Change +8.98%, 52-week High 11.00; 52-week Low 6.05      

World Duty Free Group share price surges as deal speculation intensifies

INTERNATIONAL. WDF Group’s shares surged by almost +9% on Thursday, hitting €9.59 in trading by late afternoon amid intense market speculation of a deal. Talk of a divestment by the controlling Benetton family (through Edizione Holding) has circulated since last September when World Duty Free Group announced that it was intent on “pursuing business combinations with other operators”. UPDATED STORY.

Bidding closes today for Incheon International Airport duty free contract

SOUTH KOREA. It's almost time to begin assessing offers for the world's biggest duty free contract package as deadline day arrives for the Incheon concessions.

Fast-growing Qatar Airways acquires 9.99% stake in IAG

QATAR. To advance its 'westward' strategy, the dynamic Doha-based carrier snaps up a share in the owner of British Airways, Iberia and Vueling.

End of an era as Ken Tse leaves Nuance-Watson and Singapore

SINGAPORE. After 22 years in Singapore, Nuance-Watson (Singapore) Managing Director Ken Tse has left the company to relocate home to Melbourne and his family.

Budapest Airport recognises best commercial and service partners

HUNGARY. Budapest Airport last night held its Annual Awards for business partners, extended this year for the first time to retail and food & beverage.

Hong Kong International Airport seeks food court concessionaire

HONG KONG. Hong Kong International Airport (HKIA) has issued a tender for a food court concession in Terminal 1’s West Hall, with a bid deadline of 8 April.

Tokyo Narita Airport promises a Hot Winter of events

JAPAN. Narita Airport is boosting passenger attractions with an array of performances and workshops from the start of February to early March.

Inflight pioneer Rakhita Jayawardena receives special award at ISPY

UK. Inflight retail veteran Rakhita Jayawardena was last night awarded the ISPY 2015 Fellowship at the annual ISPY event hosted by Christine Martin.

The Moodie Blog: Talking the Trinity talk and walking the walk with Budapest Airport and Heinemann Hungary

How the airport company and its concessionaires have responded since Malev's demise is, I think, a definitive case study on how to respond to crisis.

BRAND NEWS

Revlon extends partnership with Scorpio Worldwide in Middle East

Revlon has extended its distribution agreement with Scorpio Worldwide by appointing Scorpio as exclusive agent for Middle East travel retail.

Rotary Watches celebrates the past with retro-inspired SS15 collection

Rotary has unveiled its Spring/Summer 2015 watch collection, comprising vintage designs from its archive that have been re-mastered with modern technology.

JR/Duty Free launches MAC online store for Auckland Airport travellers

NEW ZEALAND. JR/Duty Free has launched an online shopping portal for MAC Cosmetics within its website for Auckland International Airport travellers.

Sweet sorbet treats inspire DKNY Delicious Delights

Aramis and Designer Fragrances has further extended its DKNY fragrance franchise with a new, limited-edition trio called DKNY Delicious Delights.

Estée Lauder targets Asian travellers with new Crescent White collection

Estée Lauder has unveiled a new skincare collection called Crescent White Full Cycle Brightening. It will be available in travel retail worldwide from February.

MosquitNo plans airport concept stores as it opens Hong Kong office

MosquitNo, which recently opened an office in Hong Kong, aims to be present in at least 60% of world airports with ten flagship stores within the next five years.

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