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South Korea offers -20% relief deal to large duty free retailers amid -90% pax slump; “Absolutely not enough,” says one leading player
Large and medium-sized airport duty free retailers will get a -20% concession fee reduction for a maximum six months due to COVID-19’s impact. But with traffic plummeting -90% in March, some players say relief is simply not enough. UPDATED. Read More
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Clap for our Carers – Travel Retail: The industry comes together to salute COVID-19 front-liners
Clap for our Carers – Travel Retail gathered individuals and companies to pay tribute to health workers amid the COVID-19 crisis. We bring you video footage (more to follow) of our industry’s caring and generous spirit. Read More
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Calling all wine lovers in travel retail for a virtual wine hangout
“What better way than through the joy and universality of wine to show that while many in this industry are in physical isolation, they are not alone?” says The Moodie Davitt Report Founder & Chairman Martin Moodie. Read More
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COVID-19 Update: Global case count passes 860,000; Korean government allows rent cut for large duty free retailers; Clap for our Carers – Travel Retail initiative draws strong support
A new month dawns but it brings little good news as the global case total reaches over 860,000. The US, Italy and Spain have now recorded more cases than China. Plus the latest industry news. Read More
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Virtual becomes reality: From Miami to… planet earth – 3Sixty Free joins wave of support for Moodie Davitt Virtual Travel Retail Expo
Sector digital pioneer Benny Klepach says, “We’re in; we’re bringing the whole team.” And here’s the thing, none of them will have to leave their desk. Read More
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The Moodie Blog – Breakfast at Chez Moodie
One family man, an ex-duty free executive, rendered jobless by the hospitality industry shutdown, is going to work for Amazon rather than take a government handout, figuring the money is needed more by others. You are the man Steve. Read more
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Qatar Airways Group takes further steps to mitigate impact of COVID-19 outbreak
The latest measures include updated flight schedules, new policies to protect staff welfare and consolidating operations at Hamad International Airport. Read More
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Images of the day: The silence of Suvarnabhumi
Today is 1 April but these images are no April fool’s. They are the grim manifestation of a pandemic. Read More
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In Crisis – Travel Retail Voices: Patricia Bona, Essence Corp
Today’s episode features Patricia Bona, Vice President of Miami-based Essence Corp, who says that all the rules of the game are changing. Read More
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Lotte Duty Free extends support for Korean SMEs amid crisis
The retailer will shorten its payments cycle to assist around 400 small and medium-sized partners with cash flow, and enhance their marketing opportunities in its stores. Read More
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In Crisis: Travel Retail Voices – Doug Bagley, William Grant & Sons
“There’s a lot of confidence among Singaporeans in terms of the way that the government is managing the situation,” says Doug Bagley, President of the Asia Pacific Region at independent drinks company William Grant & Sons. Read More
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Lotte Duty Free opens industry-first ‘Smart Store’ – featuring cutting-edge technology to minimise face-to-face contact
In times of crisis retailers have to get smart. And that is precisely what South Korea’s travel retail giant, and world number two, Lotte Duty Free, is being with the launch of Smart Store, an innovative non-face-to-face shopping platform, one Read More
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UPDATE: Clap for our Carers Travel Retail takes place today – Global business community asked to show its support for COVID-19 frontliners
Let’s hear the sound of applause ring out around the travel retail world today as we give thanks to those who are fighting to save lives and ultimately our livelihoods. Read More
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Retailers and airports applaud new Moodie Davitt Virtual Travel Retail Expo – this will “help to unify the duty free industry” says Dubai Duty Free boss Colm McLoughlin
Some of the world’s leading travel retailers commit to the inaugural Moodie Davitt Virtual Travel Retail Expo in September. They include CDFG, Dubai Duty Free, King Power Group (HK), King Power International (Thailand), King Power Traveler, Ontario Airport (California), and Read More
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Brand News
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Calling all wine lovers in travel retail for a virtual wine hangout
“What better way than through the joy and universality of wine to show that while many in this industry are in physical isolation, they are not alone?” says The Moodie Davitt Report Founder & Chairman Martin Moodie. Read More
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Liquid line extension: Travel Blue releases ‘Pump & Fill Pillow’
The latest cross-category line extension from Travel Blue stretches from neck pillows into beers, wines & spirits. Read More
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In Crisis: Travel Retail Voices – Doug Bagley, William Grant & Sons
“There’s a lot of confidence among Singaporeans in terms of the way that the government is managing the situation,” says Doug Bagley, President of the Asia Pacific Region at independent drinks company William Grant & Sons. Read More
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Lotte Duty Free opens industry-first ‘Smart Store’ – featuring cutting-edge technology to minimise face-to-face contact
In times of crisis retailers have to get smart. And that is precisely what South Korea’s travel retail giant, and world number two, Lotte Duty Free, is being with the launch of Smart Store, an innovative non-face-to-face shopping platform, one Read More
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Love in the time of Coronavirus: How business is showing its heart in the war against COVID-19
Our column shines the light on industry players which are offering love, compassion and practical support in these dark times. LATEST: L’Occitane Group to produce 70,000 litres of hand sanitiser; LVMH to donate approximately 40 million surgical masks worldwide. Read More
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In Crisis – Travel Retail Voices: Paul & Shark Global Travel Retail Director Catherine Bonelli
We visit the small north-central village of Vouzon to catch up with a Travel Director turned volunteer pharmacist and helper to the aged. Read More
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‘We are stronger together’: Mondelez International commits US$15 million to aid COVID-19 relief worldwide
The funds will be allocated to organisations that provide food stability and emergency relief to high-risk communities around the world. Read More
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Pernod Ricard forecasts -80% decline in travel retail business in next three months
The spirits and wines company is anticipating a -20% decline in group profit from recurring operations for the financial year ending 30 June due to COVID-19. Read More
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Communicating in crisis: How beauty brands are reaching customers during the COVID-19 pandemic
This week we showcase some vibrant examples of how beauty brands are communicating in times of crisis and how they are adding value to customers’ lives during these unprecedented times. Read More
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Capsule collaboration: DFS Group teams up with Coach to launch exclusive collection
The launch marks the second time that the retailer has partnered with the luxury leathergoods brand for a limited edition capsule collection. Read More
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‘Spare no effort’: Zamora Company offers COVID-19 financial relief to Spain’s most vulnerable
The family-owned spirits company has pledged €400,000 to NGOs such as Caritas, Red Cross, and The Food Bank Foundation to help high-risk groups in Spain amidst the COVID-19 pandemic. Read More
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Davidoff Cigars to introduce new travel humidors in April
The Outdoor and Explorer 2020 humidors aim to offer stylish, high-performance cigar care for those on the move. Read More
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L’Oréal Group introduces Europe-wide COVID-19 solidarity programme
In a show of strong commitment to partners and communities, the beauty group has announced a comprehensive programme of support amid the COVID-19 crisis. Read More
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Food & Beverage
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The Moodie Davitt Report unveils first Virtual Travel Retail Expo
“Attendance will be free to airports, retailers and other commercial service providers, and brands, thus ensuring that these key sectors of the travel retail community can get together without having to leave their desks," says Chairman Martin Moodie. Read More
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Auckland Airport urges travellers to plan ahead as most retail outlets close
Of the 100-plus retail and F&B outlets usually open, only a convenience store, juicer F&B outlet and pharmacy shop are currently open. Read More
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Strong commercial performance buoys Toronto Pearson Airport in 2019
Income from corporate partnerships plus a rise in advertising, sponsorship and retail tenant revenues lifted Toronto Pearson in 2019, while the impact of COVID-19 for 2020 remains unclear. Read More
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Lagardère Group suspends market guidance about 2020 performance
The parent company of Lagardère Travel Retail has suspended guidance targeting EBIT growth of between +4% and +6% amid the worsening global crisis. Read More
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Airport Authority Hong Kong announces HK$1 billion in relief measures for partners
Rent relief totalling HK$320 million (US$41 million) will be provided to airport shops and restaurants paying a fixed rent, among a series of new measures to offset the impact of COVID-19 on business. Read More
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Dallas Fort Worth set to replace MAGs with percentage of sales model for all operators
With passenger traffic in freefall, Dallas Forth Worth International Airport moves to step up its relief programme for hard-hit commercial partners. Read More
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Moodie Davitt Spotlight series: Saluting the wonder of Daxing while supporting the Wuhan relief effort
This special publication captures the splendour and ambition of a landmark national aviation project. All advertising income from our generous partners (and The Moodie Davitt Report) has been donated to Union Hospital in Wuhan. Read More
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Retailers, restaurateurs and minority partners urge North American airports to halt concession bids
After urging airports to offer rent relief earlier this week, the Airport Restaurant and Retail Association and the Airport Minority Advisory Council call for a moratorium on RFPs and RFQs. Read More
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Features
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Clap for our Carers – Travel Retail: The industry comes together to salute COVID-19 front-liners
Clap for our Carers – Travel Retail gathered individuals and companies to pay tribute to health workers amid the COVID-19 crisis. We bring you video footage (more to follow) of our industry’s caring and generous spirit. Read More
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COVID-19 Update: Global case count passes 860,000; Korean government allows rent cut for large duty free retailers; Clap for our Carers – Travel Retail initiative draws strong support
A new month dawns but it brings little good news as the global case total reaches over 860,000. The US, Italy and Spain have now recorded more cases than China. Plus the latest industry news. Read More
-
Lotte Duty Free opens industry-first ‘Smart Store’ – featuring cutting-edge technology to minimise face-to-face contact
In times of crisis retailers have to get smart. And that is precisely what South Korea’s travel retail giant, and world number two, Lotte Duty Free, is being with the launch of Smart Store, an innovative non-face-to-face shopping platform, one Read More
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UPDATE: Clap for our Carers Travel Retail takes place today – Global business community asked to show its support for COVID-19 frontliners
Let’s hear the sound of applause ring out around the travel retail world today as we give thanks to those who are fighting to save lives and ultimately our livelihoods. Read More
-
Retailers and airports applaud new Moodie Davitt Virtual Travel Retail Expo – this will “help to unify the duty free industry” says Dubai Duty Free boss Colm McLoughlin
Some of the world’s leading travel retailers commit to the inaugural Moodie Davitt Virtual Travel Retail Expo in September. They include CDFG, Dubai Duty Free, King Power Group (HK), King Power International (Thailand), King Power Traveler, Ontario Airport (California), and Read More
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In Crisis: Travel Retail Voices: Jeff Orson sings ‘Pray’ – a joint Moodie Davitt fundraiser for the UN COVID-19 Solidarity Response Fund
‘There’s something that’s goin’ round, that’s shutting our borders down/It’s a bad time for our sick and our old.’ Travel retail troubador, Jeff Orson of Canada’s PMA Agencies helps us raise funds for the fight against COVID-19. Read More
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All eyes on Hainan duty free as China steps up efforts to stop COVID-19 imported cases
Focus on Hainan. That’s the simple message for the travel retail industry as China steps up its efforts to stop any ‘second wave’ of COVID-19 cases being imported from overseas. Read More
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In Crisis – Travel Retail Voices: Paul & Shark Global Travel Retail Director Catherine Bonelli
We visit the small north-central village of Vouzon to catch up with a Travel Director turned volunteer pharmacist and helper to the aged. Read More