The Moodie Report

Travel Retail and Duty Free Business Intelligence    Tuesday 28 April 2015

The Moodie Report Stock Watch 27 April; Hotel Shilla Co Ltd (The Shilla Duty Free): Down -3.15%        China International Travel Services (CDFG): Close CNY51.36, Change +0.00%, 52-week High CNY52.23; 52-week Low CNY30.11       Dufry: Close 140.50, Change -1.82%, 52-week High 168.00; 52-week Low 120.50       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩123,000 Change -3.15%, 52-week High ₩135,500; 52-week Low ₩80,300       Japan Airport Terminal Co: Close ¥7,190, Change +0.00%, 52-week High ¥8,320; 52-week Low ¥2,347       Lagardère (Aelia, LS travel retail, Relay ): Close €29.10, Change +1.04%, 52-week High €30.22; 52-week Low €17.83       LVMH (DFS Group, Starboard Cruise Services): Close €162.65, Change +0.99%, 52-week High €175.40; 52-week Low €109.41       MISR Duty Free Shops: Close 3.95, Change +0.25%, 52-week High 4.15, 52-week Low 3.09       World Duty Free Group: Close 10.02, Change -0.10%, 52-week High 11.40; 52-week Low 6.05      

Shilla turns in strong first quarter’s results as heavy Changi losses ease

SOUTH KOREA. The Shilla Duty Free posted a +44% increase in consolidated revenues for Q1 with operating profits up by +45.3% despite heavy (though easing) losses at Singapore Changi Airport. The retailer's strong performance was buoyed by a continued boom in Chinese travel to South Korea.

In memoriam: World Duty Free Group's Elena Pareja & Fraser Dunlop

UK. It is with immense sadness that we report the passing of two much-respected World Duty Free Group executives, Fraser Dunlop and Elena Pareja.

A tribute to Fraser Dunlop, 'our Scottish ray of sunshine'

On 1 April, Fraser, the walking, talking miracle man, the Scottish ray of sunshine who lit up so many lives, defiant to the end, finally lost his struggle.

Distell gears up for further growth with two new key appointments

Richard Trimby succeeds Marius Fouché as Managing Director Global Travel Retail as Fouché takes on the newly created role of Distell Taiwan Managing Director.

JR/Duty Free opens newly expanded store at Darwin International Airport

AUSTRALIA. Redeveloped as part of Darwin’s terminal expansion project, the new space is double the size of the old store and offers a larger product range.

ACI North America unveils winners of 2015 Airport Concessions Awards

USA. The winners were announced during an awards gala dinner at the first-ever ACI-NA Business of Airports Conference held this month in Phoenix, Arizona.

Javier Brandwain joins Authentic Brands Group in managing role

USA. New York-based Authentic Brands Group has announced the appointment of Javier Brandwain as Managing Director Latin America and Caribbean.

Memphis Media acquires Airline Retail Conference events portfolio

UK. Memphis Media has acquired the Airline Retail Conference (ARC) events portfolio from Ink and intends to develop the portfolio in new markets worldwide.

The Moodie Blog: Fraser Dunlop: Inspiration, jester and miracle man

I tell you when you are suffering from cancer there's nothing more welcome than a survivor's story. And here was the Daddy of them all.

BRAND NEWS

Eva Mendes joins Estée Lauder as the face of New Dimension

Estée Lauder has signed actress, businesswoman and mother Eva Mendes to represent the brand’s New Dimension skincare collection.

Distell gears up for further growth with two new key appointments

Richard Trimby succeeds Marius Fouché as Managing Director Global Travel Retail as Fouché takes on the newly created role of Distell Taiwan Managing Director.

Puig puckers up with new Prada Candy Kiss collection

Puig has created a new Prada Candy Kiss miniatures collection, in partnership with graphic artist Vahram Muratyan. It will be available in travel retail from May.

Desigual blends Spanish style and French flair in Paris CDG pop-ups

FRANCE. Desigual has teamed up with Société de Distribution Aéroportuaire to launch four French-themed pop-up stores at Paris Charles de Gaulle Airport.

Ray-Ban launches wood version of Clubmaster model for Autumn/Winter

Luxottica has launched Ray-Ban’s A/W 2015-2016 collection, which includes the brand's iconic Clubmaster style reproduced in wood and offset with rubber.

Favarger to make TFWA Asia Pacific debut with new praline range

The Swiss chocolatier is introducing the new line of pralines, with a shelf life of ten months, as it focuses on growth in travel retail and Asian domestic markets.

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