The Moodie Report

Travel Retail and Duty Free Business Intelligence    Tuesday 21 October 2014

The Moodie Report Stock Watch 20 October; Main mover: Hotel Shilla Co Ltd (The Shilla Duty Free) rises by +7.04%        World Duty Free Group: Close 6.3850, Change -3.98% 52-week High 11.07; 52-week Low 6.05       Dufry: Close 129.50, Change -0.46%, 52-week High 168.00; 52-week Low 121.60       China International Travel Services (CDFG): Close CNY37.50, Change -1.42%, 52-week High CNY43.50; 52-week Low CNY30.11       Japan Airport Terminal Co: Close ¥3,870, Change +3.75%, 52-week High ¥4,465; 52-week Low ¥1,933       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩98,800, Change +7.04%, 52-week High ₩135,500; 52-week Low ₩55,500       Lagardère (Aelia, LS travel retail, Relay ): Close €18.80, Change -0.87% 52-week High €26.58; 52-week Low €17.83       LVMH (DFS Group, Starboard Cruise Services): Close €124.95, Change -0.20%, 52-week High €147.20; 52-week Low €121.00       MISR Duty Free Shops: Close 3.23, Change +0.31%, 52-week High 3.80, 52-week Low 2.70      

AENA rejects World Duty Free Group approach to renegotiate Madrid–Barajas Airport duty free concession

SPAIN. Airport authority AENA Aeropuertos has rebuffed a World Duty Free Group approach to revisit its duty free concession terms at Adolfo Suárez Madrid–Barajas Airport. AENA Aeropuertos Director of Commercial Services & Properties José Manuel Fernández-Bosch says: “The contract was awarded less than two years ago in a transparent public tender process. WDFG put a better offer than the competitors’ ones. We do not see any reason to renegotiate the contract.”

World Duty Free Group challenges Madrid duty free terms

SPAIN. World Duty Free Group is talking tough as it challenges the terms of its ‘Lot 1’ duty free retail concession at Adolfo Suárez Madrid–Barajas Airport.

Vuitton, Cartier and Bottega Veneta join 'next stage' for Heathrow Airport T5

UK. Heathrow Airport T5 will open a new luxury goods environment by Christmas, housing leading brand names such as Louis Vuitton, Cartier and Bottega Veneta.

Chinese and Hong Kong tax free spend in UK surges in September

UK. The start of the academic year has provided a boost for retailers as families accompany international students to the UK, according to Global Blue.

ACSA issues commercial tenders at George and Bram Fischer airports

SOUTH AFRICA. Airports Company South Africa is seeking operators for speciality retail and food & beverage outlets at the two regional airports this month.

Miami International Airport plans duty paid premium cosmetics RFP

USA. A new concession of 650-850sq ft will go to tender within a month if the mayor’s office approves plans made by Miami-Dade Aviation Department.

Excess Baggage Company launches London Heathrow web portal

UK. The retailer and service provider’s new website allows passengers travelling from Heathrow to order products for home delivery or pre-book services.

Nuance supports Estée Lauder’s Breast Cancer Awareness Campaign

INTERNATIONAL. Nuance has teamed up with The Estée Lauder Companies to support the group’s high-profile Breast Cancer Awareness (BCA) Campaign.

The Moodie Blog: The loneliness of the long distance writer

I'm at Heathrow Airport once more, and I’ve had my compulsory Paul Smith fix, having bought another pair of the world’s greatest socks from a great airport store.

BRAND NEWS

Miami International Airport plans duty paid premium cosmetics RFP

USA. A new concession of 650-850sq ft will go to tender within a month if the mayor’s office approves plans made by Miami-Dade Aviation Department.

Nuance supports Estée Lauder’s Breast Cancer Awareness Campaign

INTERNATIONAL. Nuance has teamed up with The Estée Lauder Companies to support the group’s high-profile Breast Cancer Awareness (BCA) Campaign.

Furla partners with Harrods for Heathrow and Gatwick airport stores

Furla's global travel retail expansion gathers pace with the opening of two new spaces within Harrods stores at London Heathrow and London Gatwick airports.

MacDuff strikes Americas distribution deal with Monarq Group

MacDuff International has struck an agreement with distribution and marketing company Monarq Group to handle Lauder’s Scotch in large parts of the Americas.

Yves Saint Laurent showcases Or Rouge and Kiss & Blush

Yves Saint Laurent staged a number of animations in Asia earlier this summer, to promote its latest skincare launch, and new dual-function make-up product.

Rémy Martin to unveil Louis XIII Black Pearl Anniversary Edition in Cannes

The Louis XIII brand is celebrating its 140th year with the launch of the US$13,000 Rémy Martin Louis XIII Black Pearl Anniversary Edition in Cannes.

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Features

On location: Heinemann Asia Pacific opens 'be Duty Free' at klia2

MALAYSIA. Heinemann Asia Pacific celebrated its first foray into Malaysian travel retail this week, hosting the opening ceremony of its ‘be Duty Free’ store at klia2.