News
China Tourism Group Duty Free powers ahead as net profits rise +32.8%
2023 revenue at the parent company of the world’s number one travel retailer rose +24.1% year-on-year to CNY67,540 million (US$9.3 billion), while net profit increased +32.8% to CNY6,790 million (US$939.4 million)
After the launch of the 300th Rémy Martin Anniversary Coupe into travel retail last Monday in Hong Kong, Martin Moodie had the honour of chatting to the House’s Cellar Master Baptiste Loiseau, who spoke of an extraordinary liquid that both inherits and bestows legacy.
2023 revenue at the parent company of the world’s number one travel retailer rose +24.1% year-on-year to CNY67,540 million (US$9.3 billion), while net profit increased +32.8% to CNY6,790 million (US$939.4 million)
Today’s choice comes from Team Spirit in Manchester Airport where Jägermeister and Avolta have joined hands to bring the brand’s innovative ‘Secret is You’ experience to travellers in the UK gateway.
Co-CEO Przemek Lesniak exits after 23 years with the Lagardère Travel Retail group and seven years leading the Pacific arm of the organisation.
The move ends the restrictive import tariffs imposed more than three years ago. Before that, China was Australia’s largest wine export market.
The range of services for the two busiest Cyprus airports include fast travel cash and concessionaire banking to support other operators at both locations.
Through a collaboration with HowGood and PS in Foodservice, Avolta has created a comprehensive real-time emissions dashboard that accurately breaks down its Scope 3 emissions.
The strategic alliance will see Collinson and Joyful Journey Group combine their strengths and expertise to provide their clients, partners and direct customers with enhanced travel experiences.
Every aspect of Miss Dior is brought to life in vibrant detail through the 3D anamorphic campaign , running exclusively at LAX and created in partnership with BCN Visuals.
One of the airport world’s most important retail tenders, set to close on 5 April, embraces opportunities across several luxury categories including fashion, watches & jewellery, shoes, fine food, and any other luxury concept of a bidder’s choice.
Pringles potato crisps – in colourful packaging featuring travel-inspired illustrations – will now be available at airports across Sharjah, Kuwait, Jordan and Egypt.
Airport Authority Hong Kong is seeking bids from licensed banks and describes the concession as an “extraordinary business opportunity”.