The Moodie Report

Travel Retail and Duty Free Business Intelligence    Wednesday 16 April 2014

The Moodie Report Stock Watch 15 April: Hotel Shilla, Change -6.04%       World Duty Free Group: Close 9.58, Change +0.10% 52-week High 11.07; 52-week Low 6.80       Dufry: Close 141.60, Change -1.53%, 52-week High 159.50; 52-week Low 111.10       China International Travel Services (CDFG): Close CNY35.19, Change -2.11%, 52-week High CNY44.29; 52-week Low CNY26.40       Japan Airport Terminal Co: Close ¥2,418, Change +0.29%, 52-week High ¥2,792; 52-week Low ¥1,153       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩79,400 Change -6.04%, 52-week High ₩91,600; 52-week Low ₩50,500       Lagardère (Aelia, LS travel retail, Relay ): Close €28.00, Change -0.99% 52-week High €29.80; 52-week Low €18.42       LVMH (DFS Group, Starboard Cruise Services): Close €142.00, Change -0.11%, 52-week High €150.05; 52-week Low €117.80       MISR Duty Free Shops: Close 3.10, Change +0.32%, 52-week High 3.96, 52-week Low 2.70      

The Moodie Interview: All set for tender take-off as Abu Dhabi Airports honours key Trinity principles in duty free RFP

UAE. A stellar line-up of the world’s top travel retailers is set to contest one of the decade’s most eagerly anticipated commercial tenders, after Abu Dhabi Airports issued a call for Expressions of Interest on Monday for the duty free operation at the long-awaited Midfield Terminal. Vice President Commercial Gavin McKechnie talked to Martin Moodie about a host of Trinity-inspired elements, including a ten-year contract, a less MAG-dependent approach and greater emphasis on the qualitative rather than financial component.

Aéroports de Paris posts solid growth in first-quarter passenger traffic

FRANCE. Aéroports de Paris passenger traffic grew by +3.6% year-on-year in the first three months of 2014, hitting a total of 20.1 million passengers.

SSP makes board appointments; declines comment on flotation reports

UK. The company has confirmed three board appointments but declines to comment on media speculation that it is preparing to launch an IPO

Sim Local to open three new stores at London Heathrow Airport

UK. The SIM card retailer will open three mores stores at Heathrow by June and aims to expand its travel retail model to other international airports.

Delhi Duty Free Services sponsors Delhi Daredevils cricket team

INDIA. The partnership begins with several in-store activities this week and will continue with a big brand presence across the team’s kit and stadium.

Second airport for Sydney is approved; work to begin in 2016

AUSTRALIA. The government today approved the building of a second international airport for Sydney, with completion expected by the mid-2020s.

Chinese share of South Korean tourism market doubles in five years

SOUTH KOREA. Five years ago, Japanese visitors accounted for 41.8% of arrivals to South Korea. That figure has now halved as Chinese tourism booms.

Abu Dhabi Airports releases duty free EOI for Midfield Terminal

UAE. The airports company has begun its keenly anticipated commercial build up for the new facility with the launch of its duty free Expressions of Interest process.

The Moodie Blog: The mysterious case of the disappearing Trinity

Is this a rare case of the press censoring the industry? Is it that such 'good news' stories don't fit a pre-set agenda which suggests that the Trinity has failed?

BRAND NEWS

Capella Industries grows travel retail team as business expands

The maker of Lambretta watches announces two new appointments to its travel retail sales team as the company looks to grow its travel retail presence.

Hermès partners DFS in exclusive launch of Heure-H Rouge Casaque

The limited edition collection of red-strapped watches from Hermès is now available exclusively at DFS’s airport stores and downtown Gallerias.

Delhi International Airport sets up 'Base Camp' for passengers

Camping equipment, ruck sacks and waterproof matchsticks will now be available for purchase by domestic and international passengers at Delhi T3.

Mars targets Singapore show with new launches as regional sales surge

Mars International Travel Retail will return to TFWA Asia Pacific in Singapore armed with category-exclusive ranges, including the M&M's Watch M Collection.

Distell strikes gold with launch of new Amarula extension line

Amarula Gold, the non-cream spirit which launched in domestic and selected duty free markets last month, has elicited strong response from consumers, Distell says.

Nuance Australia offers new limited range from St Hugo winery

Vetus Purum, an exclusive new range from the iconic Barossa Valley winery St Hugo, is now available in Nuance Australia’s Sydney and Melbourne airport stores.

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