INTERNATIONAL. Welcome to the July/August 2020 edition of The Moodie Davitt Magazine. In this issue we bring you our unique annual guide to the world’s Top 25 Travel Retailers, measured by their 2019 sales.
Clearly 2020 will tell a very different story but as the channel begins a slow and painful recovery, the 2019 numbers serve an important purpose in outlining the key players.
The list confirms the market leadership of Dufry Group, it sees Korean heavyweights Lotte Duty Free and The Shilla Duty Free cementing their high rankings, and China Duty Free Group closing in on its international rivals after another year of surging sales.
The growth among the top players in 2019 was driven by a combination of organic sales increases, new openings, M&A activity and concession gains, with currency also playing its usual influential part.
There’s plenty more content in this month’s Magazine too.
We review a critical ten-point paper about the impact of crisis on North America’s airport concessionaires. Also from that region, Dallas Fort Worth International Airport Executive Vice President Revenue Management Ken Buchanan talks about partnership, planning and preparations for recovery as travel returns to the Texan hub.
We feature interviews with OTG CEO Rick Blatstein about his company’s latest tech-driven innovations, and with TFWA President Alain Maingreaud about the impact of the COVID-19 crisis on the supplier association, and how the industry should adapt to a fast-changing world.
Please enjoy this edition of The Moodie Davitt Magazine with our compliments.