The Moodie Report

Travel Retail and Duty Free Business Intelligence    Tuesday 27 January 2015

The Moodie Report Stock Watch 23 January; Main mover: LVMH (DFS Group, Starboard Cruise Services) rises +2.90%, hits new 52-week high        China International Travel Services (CDFG): Close CNY47.81, Change +2.82%, 52-week High CNY49.47; 52-week Low CNY30.11       Dufry: Close 127.20, Change +1.27%, 52-week High 168.00; 52-week Low 120.50       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩104,500, Change +0.00%, 52-week High ₩135,500; 52-week Low ₩73,800       Japan Airport Terminal Co: Close ¥5,100, Change -2.49%, 52-week High ¥5,400; 52-week Low ¥1,933       Lagardère (Aelia, LS travel retail, Relay ): Close €24.59, Change +0.65%, 52-week High €26.58; 52-week Low €17.83       LVMH (DFS Group, Starboard Cruise Services): Close €141.85, Change +2.90%, 52-week High €143.30; 52-week Low €109.05       MISR Duty Free Shops: Close 3.57, Change +0.00%, 52-week High 3.80, 52-week Low 2.85       World Duty Free Group: Close 8.63, Change +1.05%, 52-week High 11.07; 52-week Low 6.05      

‘A high price island’: Strong Swiss Franc a major challenge for Zürich Airport

SWITZERLAND. Zürich Airport turned in an impressively resilient commercial performance in 2014 given a difficult trading climate. But it faces huge challenges this year following the Swiss government’s recent scrapping of the three-year-old cap of the Franc against the Euro.

World Duty Free Group shares rise on private equity interest rumours

ITALY. Travel retailer's stock rises +3.01% to €8.89 in early trading today following a report that private equity funds KKR and CVC are eyeing a stake in the company.

British Airways, Iberia owner IAG makes revised offer for Aer Lingus

IRELAND. Airline takeover drama intensifies as Aer Lingus receives a revised proposal from British Airways and Iberia owner International Airlines Group.

Fairn & Swanson sues government bureau for loss of warehouse licence

USA. Duty free wholesaler and retailer Fairn & Swanson has sued the Alcohol and Tobacco Tax & Trade Bureau, after its export warehouse permit was terminated.

Xhibit Corp seeking to sell SkyMall after it files for bankruptcy

USA. Inflight retailer goes bankrupt, citing a highly competitive industry and increased use of electronic devices and Wi-Fi on planes as key reasons for decline.

Abu Dhabi Airport posts record passenger traffic growth

UAE. 20 million passengers passed through the airport’s three terminals in 2014, up more than +20% over the previous year.

TFWA offers networking programme at 'China’s Century' Conference

CHINA. TFWA says its ONE2ONE meetings service will be central to networking at its China conference on 10-12 March in Shanghai.

Miami International Airport posts record passenger numbers in 2014

USA. Passenger traffic at Miami International Airport reached 40.9 million last year as the airport added new destinations and eight new airlines.

The Moodie Blog: OTG crew show iron will, foodie flair and cocktail creativity

One cocktail creation even came in a single steel container with a straw for each judge and an iPhone so that the judges could order another one.

BRAND NEWS

Clinique multitasks with Beyond Perfecting Foundation + Concealer

Clinique’s new Beyond Perfecting Foundation + Concealer offers lightweight, long-lasting full coverage and features an innovative “magic wand” applicator.

Paul & Shark celebrates opening of first Milanese showroom

Officially opened to correspond with the beginning of Milano Moda Uomo, the 1,000sq m showroom showcases the brand’s Fall/Winter 2015-16 collections.

FORMIA introduces FACE amenity kits onboard Brussels Airlines

FORMIA has partnered Swedish cosmetics brand FACE to offer two amenity bags containing the FACE Stockholm range on Brussels Airlines’ Business Class routes.

Puig and the house of Nina Ricci reveal fragrant new L’Extase

As revealed via The Moodie Report’s Twitter, Instagram and Facebook feeds, last night in Paris Puig and Nina Ricci unveiled a new fragrance called L’Extase.

Bacardi partners with DFS in cocktail campaign across key airports

Bacardi Global Travel Retail has hailed its ‘Cocktails of the World’ campaign, which ran at Singapore, Los Angeles, Abu Dhabi, Auckland and Hong Kong airports.

Puig buys Penhaligon’s London and L’Artisan Parfumeur

Puig has further expanded its prestige fragrance portfolio with the acquisition of Penhaligon’s London and L'Artisan Parfumeur from Fox Paine & Company.

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