Source: ©The Moodie Report - 03/09/10
 FRANCE/INTERNATIONAL. Aelia today reported sales of €305 million for H1 2010, up by +7% on a like-for-like basis on the same period last year. The figures were buoyed by a +8.9% rise in sales per passenger at the SDA joint venture with Aéroports de Paris, with non-EU sales per passenger up +10%. Read on for details.
Source: ©The Moodie Report - 01/09/10
 GREECE. More details have emerged about Hellenic Duty Free Shops’ first half results, released earlier this week. Hellenic said that sales (-8.9%) had not kept pace with passenger growth (+1.1%), falling particularly sharply in April (volcano cloud) and June. Confectionery, up +4.0%, resisted the negative trend.
Source: ©The Moodie Report - 30/08/10
 GREECE. Hellenic Duty Free Shops (HDFS) today unveiled a +9.7% rise in pre-tax profits to €21.6 million for its travel retail operations for the first half of 2010. This was despite a -8.9% drop in sales to €93 million. HDFS General Director George Velentzas said: “The parent HDFS [i.e. the travel retail operations –Ed]… significantly increased its profitability despite the increase in sales, still remaining the most profitable company in the travel retail industry.”
Source: ©The Moodie Report - 12/08/10
 INTERNATIONAL. Dufry Group plans to open close to 20,000sq m of new retail space in 2010, covering 152 stores, CEO Julián Díaz told analysts after Thursday’s half-year results announcement. More than half of the stores will open in Q3 and Q4, with a strong contribution from Dufry’s Hudson acquisition. Díaz also reiterated the retailer’s desire to expand in emerging markets, with Russia, China and India of particular interest.
Source: ©The Moodie Report - 11/08/10
INTERNATIONAL. “We are alert in respect to the uncertainties related to the global economic development but we remain optimistic because the travel retail industry has showed its resilience again. During the first half of 2010, we have seen good passenger growth and an increase in spend.''
Dufry CEO Julián Diaz reveals an improved and impressive set of first-half results showing double-digit revenue and profits growth.
Source: ©The Moodie Report - 10/08/10
 LEBANON. Assaf & Kabbabé, the number one shopfitting company in Lebanon and one of the leading retail design companies in the Gulf region, is aiming to build on its presence in travel retail following the opening of several ground-breaking duty free projects. In its home market, the company recently celebrated the opening of the first two phases of Beirut Duty Free's refurbishment of its Departures area at Beirut Airport.
Source: ©The Moodie Report - 10/08/10
 CANADA. Airport duty free sales in Canada climbed by +12% year-on-year to C$96 million (US$92.7 million) in the first six months of 2010, according to figures from the Canadian Border Services Agency, reported by the Frontier Duty Free Association (FDFA). Land border sales fell marginally (-0.5%) to C$56.8 million (US$54.8 million) in the same period. Both channels showed good sales growth in June.
Source: ©The Moodie Report - 09/08/10
 SOUTH KOREA. Having completed the acquisition of fellow Korean travel retailer AK Duty Free late last month, Lotte Duty Free is eyeing further growth opportunities. “We finished the AK acquisition after many obstacles and we changed to the Lotte name in three shops at Incheon International [perfumes & cosmetics], Gimpo and Coex,” Lotte Duty Free President YS Choi told The Moodie Report. The AK takeover swells Lotte’s turnover and status as a powerhouse of the Asian and global duty free industry. Read on for full details.
Source: ©The Moodie Report - 29/07/10
 HONG KONG. The tobacco sector takes another blow as Hong Kong Customs & Excise spells out tough new duty free limits on tobacco for inbound travellers, effective 1 August. This follows the government’s budget, announced in February, in which Financial Secretary John Tsang revealed the measures on public health grounds. The new limits affect all travel retailers selling to Hong Kong-bound travellers, including Arrivals shops.
Source: ©The Moodie Report - 22/07/10
 NETHERLANDS. Leading travel retailer and wholesaler B&S Paul Global has unveiled a radically expanded and enhanced duty free store serving NATO staff at the Allied Joint Force Command base at Brunssum in the Netherlands. The 800sq m store includes a major emphasis on beauty and luxury goods, says the company. Read on for details, and for a special picture gallery.
Source: ©The Moodie Report - 15/07/10
 US/PHILIPPINES. US confectionery giant Hershey’s has opened its first boutique in travel retail, in Duty Free Philippines' Fiesta Mall. The 30sq m boutique, opened with Eastern Duty Free, features a huge range of products, from travel retail exclusive packs to the Eastern Duty Free-exclusive Pasalubong gift bags.
Source: ©The Moodie Report - 29/06/10
 INTERNATIONAL. Diageo Global Travel & Middle East (GTME) has launched its global summer campaign, named ‘Take Your Summer Spirit With You’, which aims to increase footfall and sales in global travel retail. The campaign will run across the group’s core portfolio, and with key retail partners at airports, cruise ships and border stores.
Source: ©The Moodie Report - 25/06/10
GREECE. The boards of Folli Follie, Hellenic Duty Free Shops and Elmec Sport – all part of the wider Folli Follie Group – have moved to streamline the structure of the company through a transfer of shares between each. Currently, Folli Follie owns 56.78% of Hellenic Duty Free Shops, while Hellenic in turn owns 95.6% of Elmec Sport.
Source: ©The Moodie Report - 23/06/10
CANADA. Canadian airport duty free sales surged by +18% year-on-year in May to C$14 million (US$13.5 million), while land border sales dropped by -3% to C$11.7 million (US$11.3 million) in the month. That’s according to Canadian Border Services Agency figures released by the FDFA. Airport sales have climbed by +10% in the year to date, with land border sales down -1.9%.
Source: ©The Moodie Report - 18/06/10
 CHILE. Grupo Vierci, a leading South American retail-to-media company, is set to open what it says is Chile’s largest duty free store, the Mega Shopping outlet in the Iquique Free Zone. The 1,218sq m store – due open in September – will be located in Mall Zofri, the retail heart of South America’s largest tax free zone.
Source: ©The Moodie Report - 18/06/10
 INTERNATIONAL. The Moodie Report will launch a regular new feature in the coming days: The Moodie Report Personality of the Month, in association with The Dalmore Single Malt Scotch Whisky. The column aims to recognise those individuals who by their deeds, attitudes and behaviour have advanced the industry’s cause.
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