Commercial Sales Results
China Duty Free Group unveils must-read 2024-2025 White Paper
This superbly comprehensive and insightful publication, published for the second consecutive year, makes compelling reading for anyone doing business with China Duty Free Group or the Chinese consumer.
Lagardère Travel Retail generates record Q3 revenues as Africa, Middle East and South America shine
Lagardère Travel Retail today posted a record third quarter with revenue up +5.0% on a like-for-like basis to €1,695 million, driven by all geographic areas except North Asia and the start-up of duty-free activities at Auckland Airport, New Zealand.
Pernod Ricard travel retail sales slide -15% in Q1 amid “challenging market environment”
The group noted that the business will benefit from the resumption of Cognac sales in China duty free from Q2, following the resolution of China’s anti-dumping investigation in July.
DFS improves in Q3 amid enhanced Macau, Hong Kong and Okinawa performance
“Restructure, reinvention and revival” was the tough-love message DFS Group Chairman & CEO Ed Brennan spelled out for the travel retailer last November in an interview with The Moodie Davitt Report. Now the formula appears to be paying off.
Zurich Airport passenger traffic rise exceeds commercial sales growth in first nine months
Passenger traffic growth of +3.6% year-on-year to 30 September outstripped retail and dining turnover, which slipped -0.2% in the period.
CDFG welcomes over 450,000 Golden Week visitors in Hainan as sales surpass US$112.4 million
The 2025 National Day Golden Week, which concluded on 8 October and embraced Mid-Autumn Festival, brought bumper crowds and buoyant sales to Hainan’s dominant retailer.
SSP trading update: full-year revenue climbs +8% despite softening of demand in Q4
The travel dining services company today initiated a share buyback of £100 million as it revealed solid growth in revenue and operating income for the full year in a trading update.
Sales surge in Sanya as China Duty Free Group surpasses RMB120 million in a single day
Hitting heady heights in Hainan: The stellar one-day performance represented an extraordinary Golden Week result at the vast Sanya shopping emporium.
Louis Vuitton and Dubai Chocolate star as Duty Free delivers another record month in September
Dubai Duty Free continues its stellar 2025 resurgence under the leadership of Managing Director Ramesh Cidambi by setting an all-time September sales high of AED671.79 million (US$184 million), up almost +12% over the previous record.
Korean duty-free sales fall -18% year-on-year in August
Duty-free sales nationwide fell sharply year-on-year in August to KRW1,019,460,842,954 (US$725,605,639) despite a +5.13% year-on-year increase in monthly customer numbers.
Cruise retail specialist Harding+ posts +3.1% rise in full-year revenues and returns to profit
Leading cruise retailer Harding+ has reported a +3.1% rise in revenues in its 2024 financial year to £305 million (US$414.6 million). The business also returned to profit.
Moodie Davitt WeChat: Key stories from Week 36 as main platform tops 6,000 followers
The Moodie Davitt Report offers unrivalled Chinese language coverage of key China-related stories, anchored by our dual WeChat platforms – our weekly Moodie Davitt Account and Moodie Davitt Report China Travel Retail Express, which publishes daily.
