INTERNATIONAL. Welcome to this edition of The Moodie Davitt Magazine, the centrepiece of which is our China Report, with a special focus on the offshore duty free channel in Hainan.
We look at how sales in Hainan have evolved in recent years, and compare them to Korea, traditionally the world’s number one duty free market. We examine the latest activities of the major retailers, led by China Duty Free Group, and take a snapshot of the many eye-catching brand activations and launches that have taken place in early 2022.
Also in China, we profile the latest commercial developments at Shanghai Hongqiao International Airport, which has introduced an impressive array of new shopping and food & beverage brands and concepts. The investment underlines what a drawcard China’s domestic airports in general, and Hongqiao in particular, have become, a status accentuated by the pandemic and the focus on domestic travel that has resulted.
In the pages ahead we also review the latest domestic travel numbers for China over the recent Lunar New Year period and how bookings for the months ahead are tracking.
In other features, we speak to Aer Rianta International about its “game-changing” contract gain in Portugal. And we examine an important White Paper – a collaboration between Bain & Company, The Moodie Davitt Report and Castlepole Retail – about how traditional airport shopping is set to be transformed.
We also comment on the repercussions of the Russian invasion of Ukraine, which will have deep and lasting consequences for our industry and our world.
