Travel Retail and Duty Free Business Intelligence    Thursday 30 October 2014


Flemingo targets US$1 billion in sales by 2015; looks ahead to IPO

Source: ©The Moodie Report - 28/10/14

INTERNATIONAL. Emerging markets specialist travel retailer Flemingo International says it is on track to hit its target of US$2 billion in sales by 2020.

ASUTIL and Free Shops Chamber launch Second Border Meeting

Source: ©The Moodie Report - 24/10/14

URUGUAY. The regional border store industry is to gather for the Second Border Meeting on 12 November at the Rivera Casino & Resort in Rivera.

Flemingo opens duty free stores at Silvio Pettirossi International Airport

Source: ©The Moodie Report - 24/10/14

PARAGUAY. The retailer has extended its presence in Latin America with the opening of new Arrivals and Departures stores at Silvio Pettirossi International Airport.

Sunglasses Awards short-list revealed; record number of entries received

Source: ©The Moodie Report - 21/10/14

INTERNATIONAL. The shortlist is announced for the annual Sunglasses Awards, which will be presented at TFWA World Exhibition in Cannes next week.

Caribbean governments impose bans on travel from Ebola-stricken countries

Source: ©The Moodie Report - 17/10/14

LATIN AMERICA/CARIBBEAN. Several countries have banned arrivals from West African countries as governments fear the cost of containment and impact on tourism.

Tocumen Airport investigates irregularities in airport concessions

Source: ©The Moodie Report, La Prensa - 17/10/14

PANAMA. Tocumen Airport has launched a review of 78 concessions granted by direct award during the previous administration, including some speciality stores.

Brazil to appoint private operator for new Porto Alegre Airport

Source: ©The Moodie Report - 14/10/14

BRAZIL. The southern Brazilian city of Porto Alegre is to get a second airport, with the construction and management concession to be auctioned in 2015.

Brisbane Airport seeks F&B operator for Domestic Terminal

Source: ©The Moodie Report - 08/10/14

AUSTRALIA.The airport is seeking bids for an 120sq m outlet within the terminal's Qantas Food Court ahead of a major renovation of the facility.

Cayman Islands Airports Authority seeks commercial revenue consultant

Source: The Moodie Report; CNSBusiness* - 08/10/14

CAYMAN ISLANDS. The authority has issued an RFP as a major airport improvement programme is set to boost space at Owen Roberts International.

International airline passenger traffic maintains solid growth in August

Source: ©The Moodie Report - 06/10/14

INTERNATIONAL. Passenger traffic on the world’s airlines climbed by +5.9% year-on-year in August, the International Air Transport Association has reported.

Belardini, Boyer, Crotti, Piovesana in, Rendek out as Dufry seeks to avoid disruption in Nuance integration

Source: ©The Moodie Report - 01/10/14

INTERNATIONAL. In a move to minimise business disruption, Dufry Group has announced a stage one organisational structure following last month's completed acquistion of rival The Nuance Group.

The Monarq Group steps ahead with strategy to broaden brand portfolio

Source: ©The Moodie Report - 25/09/14

Monarq continues its strategy of expanding its portfolio by adding a range of brands from the Bacardi stable including Baron Otard Cognac, B&B and Benedictine.

ASUTIL announces return to Panama City for 2015 conference

Source: ©The Moodie Report - 24/09/14

SOUTH AMERICA. The regional trade association’s well-attended annual conference will be held in Panama next year, for the first time since 2008.

Tairo showcases Roger & Gallet portfolio in the Caribbean

Source: ©The Moodie Report - 22/09/14

Distributor Tairo International promoted Roger & Gallet’s fragrance and body collections earlier this year via impactful animations and in-store sensorial events.

Neutral trebles sales in new downtown Rivera store as mall opening nears

Source: ©The Moodie Report - 16/09/14

URUGUAY. The retailer has reported impressive early growth, with a bigger development to follow at the Uruguay-Brazil border location next year.

Essence lights up the Caribbean with Versace Bright Crystal Absolu

Source: ©The Moodie Report - 08/09/14

Distributor Essence Corp recently collaborated with four leading Caribbean retailers to support the launch of Versace’s new Bright Crystal Absolu edp.

Dufry Brasil unveils JHP-designed Arrivals store at Guarulhos T2

Source: ©The Moodie Report - 03/09/14

BRAZIL. The collaboration between Dufry and JHP has resulted in “a stimulating experience that blends glamour with great prices, commodities with luxury products”.

Edrington to expand partnership with World Equity Brand Builders

Source: ©The Moodie Report - 01/09/14

The two companies are set to extend their partnership with plans for an exclusive distribution agreement for travel retail in the Americas and the Caribbean.

Sharp fall in Chinese sales hits Pernod Ricard’s full-year results

Source: ©The Moodie Report - 28/08/14

A sharp fall in Chinese sales (-23%) and an unfavourable currency impact were key factors in Pernod Ricard reporting a -7% fall in sales for the 2013/14 financial year.

Puerta del Sur confirms ten-year extension at Montevideo Carrasco

Source: ©The Moodie Report - 25/08/14

URUGUAY. The government has formally extended Corporación América subsidiary Puerta del Sur’s management contract at Montevideo Carrasco until 2033.

Global Exchange to offer currency services at Guayaquil airport

Source: ©The Moodie Report - 20/08/14

ECUADOR. The rapidly growing foreign exchange company will operate two outlets at Jose Joaquin de Olmedo International Airport in Guayaquil.

Javier Brandwain announces departure from Flemingo International

Source: ©The Moodie Report - 18/08/14

LATIN AMERICA. Javier Brandwain is leaving his role as Chief Operating Officer Latin America & Caribbean of Flemingo International.

Airline Retail Conference set to expand to Latin America in 2015

Source: ©The Moodie Report - 15/08/14

UK. The Airline Retail Conference (ARC) is expanding to Latin America with the launch of the inaugural ARC Latin America in Mexico City on 27–29 January 2015.

International passenger growth drives airport traffic worldwide in first half

Source: ©The Moodie Report - 15/08/14

INTERNATIONAL. International passenger traffic at world airports climbed by +5% year-on-year in June and by +5.7% in the first six months of 2014, says ACI.

World Duty Free Group revenues climb but EBITDA falls in H1 2014

Source: ©The Moodie Report - 01/08/14

INTERNATIONAL. World Duty Free Group today reported a solid rise in first-half revenues but a dip in EBITDA for the period. UPDATED STORY.

Brazil border law an important step for Latin America, says ASUTIL

Source: ©The Moodie Report - 29/07/14

LATIN AMERICA. ASUTIL President Enrique Urioste has welcomed the move by Latin America’s biggest market to regulate border duty free.

Uruguayan border store chamber confident on allowances resolution

Source: ©The Moodie Report - 29/07/14

URUGUAY. The Chamber of Free Shop Entrepreneurs of Uruguay wants “a level playing field” after Brazil moved to cut its duty free allowance for border shopping.

Brazil set to halve land border duty free shopping allowance from 2015

Source: ©The Moodie Report, R7 Noticias - 28/07/14

BRAZIL. Border retailers get a short reprieve from a shock halving of the duty free allowance to US$150. July 1 2015 now shapes as the unwelcome deadline.

Brazilian travel retailers and airports score with World Cup

Source: ©The Moodie Report - 25/07/14

BRAZIL. Strong official and destination merchandise sales and surging foreign visitor numbers made the World Cup a success for Dufry and the host airports.

Flemingo wins duty free concession at Silvio Pettirossi International Airport

Source: ©The Moodie Report - 23/07/14

PARAGUAY. The retailer extends its presence in Latin America with a four-year concession at the country’s rapidly growing international gateway.

Bernabel and Buquebus sail on with Montevideo terminal revamp

Source: ©The Moodie Report, iProfessional - 21/07/14

URUGUAY. Bernabel Trading and operator Buquebus are forging ahead with a terminal upgrade at Montevideo Port despite reports of a planned retender.

Passenger traffic growth led by Middle East and Latin America-Caribbean

Source: ©The Moodie Report - 11/07/14

INTERNATIONAL. Passenger traffic at the world’s airports grew by +4.7% year-on-year in May, ahead of the global average for the last 12 months, said ACI.

Dalton DF backs Lexon and O Bag for Latin American travel retail

Source: ©The Moodie Report - 08/07/14

Dalton DF is building on its representation of Lexon Design accessories and launching the O Bag range into Latin American travel retail markets.

Dufry to issue €500 million in Senior Notes to finance Nuance acquisition

Source: ©The Moodie Report - 07/07/14

INTERNATIONAL. Dufry Group plans to issue €500 million in Senior Notes, the proceeds of which will be used to help finance the Nuance acquisition.

Ministry of Public Works extends Santiago Airport tender window

Source: ©The Moodie Report - 02/07/14

CHILE. Consortia seeking the new management contract at Santiago Airport now have until 18 November 2014 to submit their offers.

Flemingo begins duty free concession at Salvador International Airport

Source: ©The Moodie Report - 12/06/14

BRAZIL. Flemingo International has opened its first duty free stores at Salvador Airport and forecasts sales of US$200 million over the ten-year concession.

São Paulo Guarulhos kicks off World Cup with Terminal 3 offering

Source: ©The Moodie Report - 12/06/14

BRAZIL. The Moodie Report presents a photographic tour of the new, world-class Terminal 3 at São Paulo Guarulhos International Airport.

Travel food specialist SSP posts surge in operating profit in first half

Source: ©The Moodie Report - 09/06/14

INTERNATIONAL. SSP has posted a +16.6% surge in operating profit (+28.2% at constant exchange rates) for the six months to 31 March.

ASUTIL honours association founders, prepares for slower growth

Source: ©The Moodie Report - 08/06/14

MEXICO. The 17th ASUTIL congress has closed in Mexico City with a tribute to the association’s founders and measured optimism about the industry’s prospects.

Monarq to distribute Richland Rum in North America and Caribbean duty free

Source: ©The Moodie Report - 06/06/14

Monarq has been appointed to introduce, market and distribute the single estate Georgia rum in the duty free channels of North America and the Caribbean.

ASUTIL looks towards a strong future from 'bypass year' in 2014

Source: ©The Moodie Report - 05/06/14

MEXICO. The ASUTIL Conference began on Thursday in Mexico City, marking the South American Duty Free Association’s 20th anniversary. Peter Dowling reports.

Essence introduces key fragrance franchises to the Americas

Source: ©The Moodie Report - 05/06/14

New scents from Karl Lagerfeld, Jimmy Choo and Montblanc are among the novelties being showcased by Essence Corp throughout the Americas this year.

Flemingo names Javier Brandwain to lead Latin America & Caribbean drive

Source: ©The Moodie Report - 05/06/14

LATIN AMERICA. Flemingo international has named Javier Brandwain as Chief Operating Officer Latin America & Caribbean, based in Montevideo.

Julián Díaz says retailer consolidation needed to counter supplier power

Source: ©The Moodie Report - 05/06/14

MEXICO. Dufry CEO Julián Díaz told the ASUTIL conference that the retail sector must consolidate to balance the power of suppliers.

Dufry CEO hails Nuance acquisition as a global powerhouse is born

Source: ©The Moodie Report - 04/06/14

INTERNATIONAL. Dufry CEO Julián Díaz talks about the impact of the Nuance acquisition, the integration plan and the company's ambitions for category growth.

The Moodie Report publishes From the Rio Grande to Tierra del Fuego

Source: ©The Moodie Report - 03/06/14

LATIN AMERICA. The Moodie Report presents the compelling story of Latin America’s duty free industry in this special publication.

New Cusco Airport consortium promises commercial advance

Source: ©The Moodie Report - 26/05/14

PERU. The Kuntur Wasi consortium promises a new level of terminal experience in its 40-year concession for Cusco Chinchero Airport.

Dwell time, choice and value key to driving commercial, says DKMA survey

Source: DKMA - 22/05/14

INTERNATIONAL. The DKMA Airport Retail and F&B survey of 15 locations outlined four key areas that airports should address to grow their retail and F&B revenues.

The Moodie Report e-Zine: From tragedy to triumph in Haiti

Source: ©The Moodie Report - 22/05/14

INTERNATIONAL. This week's edition comes to you from Haiti, where four years after the catastrophic earthquake an amazing travel retail project was realised.

GRU Airport inaugurates Terminal 3 ahead of FIFA World Cup

Source: ©The Moodie Report - 21/05/14

BRAZIL. GRU Airport inaugurated São Paulo International Airport Terminal 3 on 20 May, ushering in a new era for Brazilian air travel. “Terminal 3 represents a paradigm shift from an airport infrastructure perspective," said GRU Airport CEO Antonio Miguel Marques.