INTERNATIONAL. Welcome to the July/August edition of Moodie Davitt Interactive. In this issue we bring you our unique and eagerly anticipated annual guide to the world’s Top 25 Travel Retailers, measured by their 2017 sales.
The list confirms the market leadership of Dufry Group, sees Lotte Duty Free retain its number two status in the rankings despite a difficult year, with Lagardère Travel Retail, DFS Group and The Shilla Duty Free rounding out the top five. The big mover is China Duty Free Group (CDFG), up four places from 2016 to eighth, driven by surging sales at Haitang Bay, Hainan Island and the integration of Sunrise Duty Free’s Beijing operations for most of the year [for reasons of consistency due to the now complete 51% acquisition of Sunrise’s Beijing and Shanghai business by CDFG, Sunrise Duty Free does not appear separately in our 2017 ranking].
Industry consolidation, currency and the Chinese outbound travel wave each played a part in the make-up of our rankings, along with other local, regional and global influences.
Click into this interactive edition for the full Top 25 report, which includes full commentary on each company in our list.
There’s plenty more content in this edition too. We bring you extensive coverage of the recent Airport Food & Beverage Conference Awards (FAB), our celebration of excellence in the travel dining world. Plus we bring you a report on the opportunities ahead in the African travel and travel retail market, with comment from leading travel retailer Tourvest.
Please enjoy this Interactive Edition with our compliments.