INTERNATIONAL. Welcome to the August edition of The Moodie Davitt Magazine. In this issue we bring you our unique annual guide to the world’s Top Travel Retailers, measured by their 2022 sales.
The list confirms the market leadership of China Duty Free Group (CDFG) for a third straight year, while Dufry bounced back to assume second place, buoyed by recovery in global travel and its broad-based international network.
Korean heavyweights Lotte Duty Free and The Shilla Duty Free maintain their top five rankings, alongside Lagardère Travel Retail – another global powerhouse that showed robust recovery as travel surged back, notably in Europe and the Americas.
As always, our figures are measured by annual turnover in each case and converted at 31 December 2022 rates to our standard currency, the Euro, the most commonly reported among our leading players.
This invaluable guide features a table ranking the leading travel retailers worldwide, with our commentary on the performance and prospects of each.
There’s plenty more content in this latest Magazine too. We feature a pictorial review of the recent Australian Airports Association’s Retail & Commercial Forum in Brisbane. And we report on the latest big scientific skin breakthrough from leading beauty group The Estée Lauder Companies, alongside a major campaign to promote it in travel retail. ✈