The Moodie Report

Travel Retail and Duty Free Business Intelligence    Friday 22 August 2014

The Moodie Report Stock Watch 18 August: Hotel Shilla Co Ltd (The Shilla Duty Free), +3.23%       World Duty Free Group: Close 8.12, Change +2.39% 52-week High 11.07; 52-week Low 6.80       Dufry: Close 152.60, Change +1.40%, 52-week High 168.00; 52-week Low 117.70       China International Travel Services (CDFG): Close CNY38.75, Change +2.87%, 52-week High CNY44.29; 52-week Low CNY30.11       Japan Airport Terminal Co: Close ¥3,545, Change +2.01%, 52-week High ¥3,555; 52-week Low ¥1,771       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩128,000 Change +3.23%, 52-week High ₩130,500; 52-week Low ₩55,500       Lagardère (Aelia, LS travel retail, Relay ): Close €21.02, Change +0.79% 52-week High €26.58; 52-week Low €18.21       LVMH (DFS Group, Starboard Cruise Services): Close €128.50, Change +1.02%, 52-week High €150.05; 52-week Low €121.00       MISR Duty Free Shops: Close 3.61, Change +0.28%, 52-week High 3.96, 52-week Low 2.70      

International traffic recovery boosts Beijing Airport retail revenue in first half of 2014

CHINA. Beijing Capital International Airport has reported a +3.0% increase in revenue from retail concessions as international passenger traffic growth accelerated to +5.4%. A strong retail and food & beverage performance partially offset decreases in other concession income as the airport posted a +4.8% increase in total revenue and flat net profit.

Edinburgh Airport seeks jewellery & watches and pharmacy retailers

UK. Edinburgh Airport is seeking retailers to operate a new jewellery & watches store, as well as a pharmacy outlet, in the Departures Lounge from Q3 2015.

A.T. Cross Company to acquire Sheaffer in US$15 million deal

USA. In big breaking news, A.T. Cross Company has signed an agreement with Bic Group to purchase fine writing instrument brand Sheaffer.

Pop-up restaurant gets passengers talking at Copenhagen Airport

DENMARK. An innovative restaurant from F&B operator SSP and social dining pioneers I’m A Kombo aims to encourage dialogue between travellers.

CTC-ARI and Dior launch latest pop-up store at Larnaka Airport

CYPRUS. CTC-ARI, Hermes Airports and Dior have teamed up to open the latest in a series of promotional pop-up stores at Larnaka International Airport.

Pick-up in China numbers spurs marginal July increase in Changi traffic

SINGAPORE. Changi Airport posted a modest +1.0% rise in passenger traffic in July. The good news though was the first increase in travel to and from China since January.

The Moodie Report e-Zine: Sharing the spoils at Macau Airport

INTERNATIONAL. This week we examine what’s at stake as Macau International Airport Company prepares to award its duty free concessions.

UK tax free sales at five-year low as visitors face currency woes

UK. International tax free spend in the UK has fallen by -4% for the seven months to July as major visitor groups wrestle with economic uncertainty.

The Moodie Blog: Death of a journalist: 100 years on, does mankind ever learn?

"I wish I had more time, I wish I could have the hope of freedom and seeing my family once again, but that ship has sailed."

BRAND NEWS

CTC-ARI and Dior launch latest pop-up store at Larnaka Airport

CYPRUS. CTC-ARI, Hermes Airports and Dior have teamed up to open the latest in a series of promotional pop-up stores at Larnaka International Airport.

A.T. Cross Company to acquire Sheaffer in US$15 million deal

USA. In big breaking news, A.T. Cross Company has signed an agreement with Bic Group to purchase fine writing instrument brand Sheaffer.

Furla continues on expansion trail with new opening in Shanghai

Furla has opened a 45sq m personalised concept shop-in-shop in Shanghai Pudong Terminal 1 International in collaboration with Sunrise Duty Free.

Drambuie gets ready to debut exclusive limited edition at Cannes

The 1L bottle featuring a black and white zig-zag motif will be showcased at the TFWA World Exhibition, ahead of its release into major airports worldwide.

Dyrberg/Kern eyes travel retail expansion with Scorpio partnership

Danish jewellery brand Dyrberg/Kern is looking to grow its presence in the global travel retail market through a new partnership with Scorpio Worldwide.

Minted in England set for travel retail debut with new chocolate collection

British chocolate company Minted in England, founded in 2013, will enter the travel retail channel this autumn with its new range of mint chocolate creams.

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