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Commercial Sales Results
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China Duty Free Group turns in stellar first quarter performance; builds on record 2017 sales
China's travel retail giant goes from strength to strength as it delivers compelling first quarter results after a hugely successful 2017. Read More
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“Significant recovery”: Safilo’s Q1 2018 net sales increase +6.9%
Net sales amounted to €250.9 million, with all regions except North America posting gains. Gross profit for the quarter jumped +9.1% to €127.5 million. Read More
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Hudson Group reports +9.2% year-on-year increase in turnover in Q1
“We made significant progress in executing our strategic initiatives, highlighted by the ongoing development of our grab & go offerings as well as capturing additional white space opportunities through key wins at Phoenix and Seattle airports,” the company said. Read More
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Fraport Group retail revenue dips -4.6% in Q1 but parking boosts overall commercial performance
Net retail revenue per passenger dropped -13.0% to €3.27 as foreign exchange rates and long queues at security checkpoints impacted purchasing power and opportunities. Read More
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Bahrain Duty Free posts +25.1% year-on-year increase in Q1 net profit
The retailer cited a diversification of goods and a focus on marketing campaigns as drivers behind a +15.3% sales increase. Read More
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Eraman aims for +10% sales growth in 2018; KLIA “commercial re-set” planned
Leading Malaysian travel retailer Eraman aims to grow top-line sales by +10% in 2018, buoyed by strong Chinese inbound tourism and spending. Parent company Malaysia Airports also reveals plans to upgrade commercial at Kuala Lumpur International Airport during its AGM. Read More
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‘Remarkable’ cash generation, efficiencies and new concessions drive Dufry to new first-quarter highs
Strong top-line growth and enhanced profitability were driven by a combination of improved operations, concession growth and efficiencies. Dufry also generated big savings through a 2017 refinancing of debt. Read More
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TFWA Asia Pacific begins; global travel retail sales soar to US$68.6 billion in 2017
The global duty free and travel retail business grew at a healthy +8.1% to reach $68.6 billion last year, according to preliminary Generation figures revealed by TFWA in Singapore. Read More
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Spend per passenger dips at Paris airports in Q1 on impact of currency and upgrade work
The strong Euro and the impact of refurbishment works at Paris CDG Terminal 2E held back average spend per passenger in Q1, though retail revenues rose. Read More
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Healthy travel retail performance buoys Estée Lauder’s Q3 results
The Estée Lauder Companies President and Chief Executive Officer Fabrizio Freda hails travel retail as one of the group's growth engines, with almost all categories posting double-digit gains. Read More
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London Heathrow Airport posts solid rise in retail revenue in Q1 2018
Retail revenue growth reflected a strong traffic performance and higher penetration among consumers, says Heathrow Airport of a solid set of Q1 results. Read More
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Hotel Shilla travel retail revenues surge by +30% in first quarter
Hotel Shilla’s travel retail division posted a +30% surge in revenues for the first quarter of 2018, with a sharp improvement in profitability. Read More
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Duty Free International revenue and profits slip in financial year despite robust Q4 sales
Profit before tax fell -29.5% in the year, which the Malaysia-based retailer attributed to foreign exchange losses, as the Ringgit climbed against other major currencies. Read More
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Robust sales growth drives +8% profits increase for ARI’s international business
Aer Rianta International reports double-digit sales increases in Canada and India as CEO Jack MacGowan praises the group’s “great resilience”. He comments to The Moodie Davitt Report about highlights of the past year, the 'ARI2020' strategy and some major plans Read More
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