Reach, Reliability, Respect    Friday 03 July 2009

The Moodie Reportfolio Stock Watch 2 July - Daily Move: Dufry: down -4.42%       Autogrill (Aldeasa, Alpha, HMSHost, World Duty Free): Close 5.98, Change -0.83%, 52-week High 9.26, 52-week Low 3.08       Bahrain Duty Free: Close 0.85, Change +0.00%, 52-week High 1.02; 52-week Low 0.84       Dufry: Close 40.00, Change -4.42%, 52-week High 93.50; 52-week Low 16.00       Dufry (South America): 24.65, Change -0.20%, 52-week High 29.49; 52-week Low 9.30       Hellenic DFS: Close 7.15, Change +0.85%, 52-week High 11.18; 52-week Low 3.24       Japan Airport Terminal Co: Close 1,229 Change -0.32%, 52-week High 1,675; 52-week Low 858.00       Jordanian Duty Free Shops: Close 9.09, Change +0.00%, 52-week High 10.50; 52-week Low 6.99       Lagardère (Aelia; HDS Retail): Close 23.44, Change -3.22%, 52-week High 39.49; 52-week Low 19.11       Lotte Shopping Co: Close 240,000, Change +0.00%, 52-week High 375,000; 52-week Low 115,000       LVMH (DFS Group and Starboard Cruise Services): Close 54.61, Change -2.52%, 52-week High 75.51; 52-week Low 38.10       MISR Duty Free Shops: Close 4.19, Change +2.20%, 52-week High 6.48, 52-week Low 2.51       Stefanel (The Nuance Group): Close 0.41, Change -1.22%, 52-week High 0.62; 52-week Low 0.23      

TOP STORY

INTERNATIONAL. Tourism arrivals worldwide fell -8% in the first four months of the year, according to the United Nations World Tourism Organization’s (UNWTO) latest Tourism Barometer; the UNWTO forecasts a drop of between -4% and -6% in international tourism arrivals for the full year.

Diageo’s Phil Humphreys underlines commitment to doubling travel retail liquor sales in five years – 02/07/09

INTERNATIONAL. Diageo Global Travel & Middle East Managing Director Phil Humphreys has underlined his belief that liquor sales in the travel retail channel can be doubled in value to US$12 billion over the next five years; the brand owner also reveals plans to create new trading terms for its retail customers across the channel.

Dubai Duty Free named again as ‘Superbrand’ – 02/07/09

UAE. Dubai Duty Free has received ‘Superbrand’ status for the fourth time from the Superbrands Council in the UAE; the award recognises outstanding qualities identified with a particular brand name.

Umdasch adds retail experts to speaker roster - 02/07/09

AUSTRIA. Two retail experts, Erich Harsch and Daniel Strolz, will reveal their ideas for successful stagecraft in retailing at the Alpbach Retail Forum, organised by the Umdasch Shop Academy shopfitting group in Austria, from 15 to 17 October 2009.

Marc Leemans to leave Belgian Sky Shops – 02/07/09

BELGIUM. After 17 years as Commercial Manager, the popular, respected and highly influential Marc Leemans is to leave Belgian Sky Shops; his responsibilities will be handled by Operations Manager Alain van de Velde and CEO Nicolas van Brandt.

Wellness conference targets travel retail industry – 02/07/09

UK. Health and wellness consultancy Inside Out Nutrition is hosting a conference and workshop – “Tackling the Stress Factor” – this September in the UK, in a bid to teach travel retail delegates how to combat the symptoms of chronic stress in the current credit crunch.

Schiphol Group hails ticket tax abolition – 02/07/09

NETHERLANDS. Amsterdam Airport Schiphol celebrated the abolition of the passenger ticket tax, effective 1 July, by treating all departing passengers to shopping discounts as well as a huge Dutch cream cake.

Denver International Airport appoints developer and leading architect for new-look South Terminal – 02/07/09

US. Denver International Airport has named Parsons Transportation Group as manager for the airport’s South Terminal Redevelopment Programme, which includes a new airport hotel, an open air plaza plus expansion of key areas within the terminal.

Manchester Airport unveils new-look Terminal 1 following £80 million investment – 02/07/09

UK. Manchester Airport unveils the results of an £80 million investment across its three terminals today; a new-look airside retail and food & beverage zone is the centrepiece of the flagship Terminal 1, which lies at the heart of the redevelopment.

Dubai Duty Free Irish Derby Ball sets scene for successful race day at The Curragh; raises vital funds for charity – 01/07/09

IRELAND/UAE. The Dubai Duty Free Irish Derby Ball, a key social element of the Irish horse racing year, took place last Saturday, 27 June, at the renowned K Club in Straffan, Kildare; read on for details and images.

Singapore government launches new Civil Aviation Authority of Singapore and Changi Airport Group - 01/07/09

SINGAPORE. The government today launched the new Civil Aviation Authority of Singapore (CAAS) and Changi Airport Group, following the recent process of corporatisation of CAAS; to mark the occasion, Changi Airport Group is offering shopping vouchers to all passengers departing the airport in July.

MORE NEWS...

AIRLINE NEWS

ISPY bear meets Virgin founder Richard Branson as world record breaking attempt gains momentum – 02/07/09

UK. Virgin Atlantic Airways cabin crew member Jane Nuttal lays down a marker for the ISPY 2010 World Tour photo competition as she submits the first photo of the ISPY bear – with Virgin Founder Richard Branson.

Delta Air Lines and Tiger Airways set to launch new services at Sydney International Airport – 02/07/09

AUSTRALIA. Delta Air Lines and Tiger Airways will launch new services from Sydney International Airport this Friday. Sydney Airport CEO Russell Balding calls the double launch a vote of confidence in the future of the Australian gateway.

Global passenger traffic slides -9.3% in May, but fall in demand is levelling out, says IATA – 26/06/09

INTERNATIONAL. The impact of global recession on air transport may have stabilised, says the International Air Transport Association, as it reports passenger traffic figures for May; but we are a long way from recovery, warns CEO Giovanni Bisignani.

MORE AIRLINE NEWS...

FOOD & BEVERAGE TOP STORY

Manchester Airport unveils new-look Terminal 1 following £80 million investment – 02/07/09

UK. Manchester Airport unveils the results of an £80 million investment across its three terminals today; a new-look airside retail and food & beverage zone is the centrepiece of the flagship Terminal 1, which lies at the heart of the redevelopment.

Eugene Barry leaves DFS in Abu Dhabi to join Dubai Airports as Vice President of Retail – 30/06/09

UAE. Eugene Barry, currently DFS Group’s Vice President, Retail Operations Middle East, is to join Dubai Airports in the key new post of Vice President of Retail, effective the end of July. Dubai Airports CEO Paul Griffiths said the appointment underlines a determination to develop the food & beverage portfolio and to work more closely with the duty free operation.

MORE F&B...

RETAIL PICTURE GALLERY

The Moodie Report Picture Gallery: Aldeasa makes a step change at Barcelona Airport’s T1 – 18/06/09

SPAIN. It was a day of immense pride and satisfaction for Aldeasa at Barcelona El Prat Airport on Wednesday as the Spanish travel retailer celebrated the opening of its shops at the Catalan gateway’s new Terminal 1. Martin Moodie joined Aldeasa executives to tour the stores and to view the magnificent new terminal. We present a Picture Gallery of the occasion. UPDATED with comment.

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LATEST BRAND NEWS

Diageo’s Phil Humphreys underlines commitment to doubling travel retail liquor sales in five years – 02/07/09

INTERNATIONAL. Diageo Global Travel & Middle East Managing Director Phil Humphreys has underlined his belief that liquor sales in the travel retail channel can be doubled in value to US$12 billion over the next five years; the brand owner also reveals plans to create new trading terms for its retail customers across the channel.

Shiseido offers future beauty solutions - 02/07/09

JAPAN. Among Shiseido's many beauty innovations for the second half of 2009 will be major new skincare line extensions for its upscale Future Solution brand. A revamped make-up collection, a limited-edition Zen fragrance and the company's first-ever travel retail exclusive beauty sets are also in the pipeline.

Inter Parfums unveils three new fragrances - 02/07/09

Gap Close US. InterParfums has unveiled the first Gap signature scent for women, called Close. The company has also introduced a new masterbrand duo from Banana Republic.

Juliette Has A Gun hits the target in Paris - 02/07/09

Juliette Has A Gun FRANCE. Edgy, niche fragrance house Juliette Has a Gun – the brainchild of Romano Ricci, the charismatic great-grandson of fashion/fragrance maven Nina Ricci – has secured its first airport listings, among them a key opening with French retailer Aelia, for its operations in Paris Orly South and Paris Charles de Gaulle S3.

New Alexander Murano jewellery brand takes flight - 02/07/09

ITALY. Distilleria Bottega, the grappa and wine producer, has created a jewellery collection specially for travel retailers. The Alexander Murano heart pendant collection has been featured in the inflight catalogues of leading US and Asian airlines.

Clarins revamps Multi-Active Day portfolio - 02/07/09

Clarins Multi-Active Day Early Wrinkle Correction Cream FRANCE. Clarins has updated its Multi-Active Day franchise – created in 1988 – with a new Multi-Active Day Early Wrinkle Correction line, aimed at women aged 30. It will be available from September.

Distilleria Bottega wine wins Best in Class title - 02/07/09

ITALY. Italian distiller Distilleria Bottega has won a Silver Medal and the prestigious Best in Class title for its Il Vino dei Poeti Brunello di Montalcino red wine at the UK's 2009 International Wine and Spirit Competition.

Lacoste welcomes two new partners - 02/07/09

FRANCE. The Lacoste fashion brand welcomes the arrival of José Luis Duran as head of Devanlay, its apparel licensee. In other news, the company will launch its first Lacoste mobile phone next year in partnership with ModeLabs Group.

Noon Copenhagen presents a new take on time – 02/07/09

DENMARK. Noon Copenhagen, a Danish watch brand, is poised to penetrate the Asian travel retail market with its colourful watch collections and patented design, which incorporates turning discs on the clock face. The result is a constantly changing coloured background – the hallmark of the brand.

Coty gets steamy with Davidoff Hot Water - 01/07/09

Davidoff Hot Water INTERNATIONAL. Coty Prestige has unveiled the new masculine fragrance from Davidoff, called Hot Water. The scent, which boasts a sexy, steamy positioning, will be launched into travel retail worldwide from October.

JOBS AND OTHER NOTICES

Jobs – Top industry roles offered and sought

The Moodie Report's hugely popular Jobs section highlights executive vacancies or positions sought. Latest notices: DFS seeks VP Stores - Abu Dhabi; Swiss FMCG company seeks European Sales Manager; Movado seeks Sales Manager Travel Retail Europe and Middle East; International Consultant seeks new opportunities in South America and Europe; An experienced Sales Manager is seeking to represent companies in the duty free industry in Canada and border stores on the US side.

LATEST FEATURES

The Moodie Report Picture Gallery: Aldeasa makes a step change at Barcelona Airport’s T1 – 18/06/09

SPAIN. It was a day of immense pride and satisfaction for Aldeasa at Barcelona El Prat Airport on Wednesday as the Spanish travel retailer celebrated the opening of its shops at the Catalan gateway’s new Terminal 1. Martin Moodie joined Aldeasa executives to tour the stores and to view the magnificent new terminal. We present a Picture Gallery of the occasion. UPDATED with comment.

PATA Foundation supports scholarship programme to advance women in travel and tourism sector – 09/06/09

ASIA PACIFIC. The Pacific Asia Travel Association (PATA) Foundation has announced its support for the MasterCard-U21Global Scholarship Programme, an online diploma course tailored specifically for women working in tourism and travel. Some 20 scholarships are being awarded for women working in the Middle East, South Asia and Asia Pacific regions.

Nigel Dolby Column: Digging for Gold – 09/06/09

INTERNATIONAL. “The average physical time our passengers have in which to become a shopper is around 30 minutes. If we could double Commercial Dwell Time to 60 minutes, although we would not double our turnover we would still generate an increase in turnover from retail, duty free and restaurants of +55%.” The Moodie Report is pleased to feature the latest in a series of columns from Dolby Consulting Founder and Managing Director Nigel Dolby. This column looks at the critical barrier – and opportunity – of Commercial Dwell time.

In Memoriam: Paul Pasternak – 04/06/09

US. It is with immense sadness that we report the passing of Paul Pasternak, who together with his loving wife Lois formed the husband and wife team behind the esteemed Travel Markets Insider. UPDATED story with funeral details.

Pioneering landmark reached as Colm McLoughlin celebrates 40 years in duty free – 01/06/09

UAE. 40 years ago on the west coast of Ireland, a young man called Colm McLoughlin embarked on a new career at Shannon Airport. As he took up his position as Special Assistant to the Freeport Shops General Manager, Bill Maloney, the Galwayman can hardly have imagined that 40 years later he would still be going strong in the duty free industry, and not in the Emerald Isle but in a modern Middle East metropolis. Today the staff and management of Dubai Duty Free honoured their Managing Director with a special presentation to mark his outstanding career.

Traffic Monitor: The latest airport and airline passenger trends - latest edition – 24/06/09

INTERNATIONAL. Need to have the latest traffic statistics at your fingertips? Simple. All you have to do from now on is click onto The Moodie Report.com Traffic Monitor PDF, updated every two weeks on this website. Read on for details.

LATEST DATA ROOM

H1N1 flu virus concerns cloud third-quarter growth for Japanese outbound travel – 01/07/09

JAPAN. Good news for Europe, Hawaii and the Marianas but North America to remain soft – they are some of the key findings from the latest Japan Association of Travel Agents Diffusion Index survey of confidence within the travel agency business. The welcome abolition of fuel surcharges and favourable exchange rates will spur business, but these positives are being countered by concerns over the H1N1 flu virus.

H1N1 flu virus and financial crisis spur -15.5% fall in Japanese visitors to Hawaii in May – 30/06/09

US (HAWAII). Japanese visitor arrivals to Hawaii dropped by -15.5% in May compared with the same month in 2008. Combined with a sharp decline in per-person spending, total expenditure by Japanese visitors fell by nearly one fifth year-on-year.

Global passenger traffic slides -9.3% in May, but fall in demand is levelling out, says IATA – 26/06/09

INTERNATIONAL. The impact of global recession on air transport may have stabilised, says the International Air Transport Association, as it reports passenger traffic figures for May; but we are a long way from recovery, warns CEO Giovanni Bisignani.

‘Silver Week’ puts shine on Japanese outbound travel as demand shifts to September – 25/06/09

JAPAN. 'Silver Week', a string of national holidays from 19 to 23 September, is attracting strong booking levels for outbound travel, a welcome fillip after recent soft bookings for the June-August period.

Canadian airport duty free sales fall sharply in May but land border stores maintain momentum with solid gains – 24/06/09

CANADA. May offered contrasting fortunes for the land border and airport duty free channels in Canada. The land border sector maintained its healthy momentum, gaining +3.7% in sales, but airport sales plummeted by -10.3%.

Russian air passenger traffic numbers fall sharply in wake of economic crisis – 23/06/09

RUSSIA. International air passenger numbers have slumped sharply this year in the wake of the Russian and global financial crises, according to the latest figures from the Transport Clearing House. The critical Russian influence within the global travel retail channel has also been hit hard by the sharp devaluation of the Rouble earlier this year.