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Asia “continued to boom” for travel retailer Dufry in the first half of this year. Bali, Cambodia, Indonesia, Macau and South Korea all achieved double-digit sales growth during the half year, with Chinese tourists credited for much of that growth. Australia…
Swiss travel retail operator Dufry says its sales in its Asia-Australia-Middle East division rose 5.4 per cent last year with most markets contributing to the improvement. Turnover was CHF809.1 million (US$849 million) last year, up from CHF770.7 million the…
In big breaking news, Richemont Luxury Group has taken a stake of just over 5% stake in the world’s leading travel retailer Dufry. Under Swiss Stock Exchange (SIX) regulations, any holding of more than 3.0% must be publicly disclosed with 24 hours. Richemont…
China and South Korea were the top markets, along with the US, for Italian luxury clothing maker Moncler last year. Sales of Moncler clothing rose 18 per cent with revenues of €1.04 billion (US$1.1 billion). Same-store-sales were up 7 per cent, and at the end…
Swiss travel retailer Dufry has launched the Hudson Travel Essentials Convenience Bookstore brand with eight outlets at Chengdu Shuangliu International Airport. The Hudson Travel bookstores are being run by Hudson Bright Power Beijing, a JV between Dufry and…
Asia is driving “significant growth” in the global airport retail market, according to a new report from Credence Research. This is based on the increasing disposable income of middle-class families in emerging countries coupled with affordable travel…
US accessories and lifestyle label Coach Asia is remodelling its duty-free and travel retail stores to tie in with its new “modern luxury” concept, and is planning further expansion in the region. The company says the aim is to provide a “warm and inviting”…
French clothing company Lacoste Singapore has tendered successfully for an outlet at Changi Airport. RSH Singapore, which represents Lacoste, has been awarded a 78 sqm concession in the west departure/transit lounge on level two. Calling for mid-priced…
