The Moodie Report

Travel Retail and Duty Free Business Intelligence    Thursday 30 July 2015

The Moodie Report Stock Watch 29 July: China International Travel Services (CDFG): up +3.48%        China International Travel Services (CDFG): Close CNY65.10, Change +3.48%, 52-week High CNY78.40; 52-week Low CNY31.03       Dufry: Close 132.00, Change +0.46%, 52-week High 160.58; 52-week Low 118.13       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩134,000 Change +0.37%, 52-week High ₩143,000; 52-week Low ₩83,600       Japan Airport Terminal Co: Close ¥6,630, Change +0.30%, 52-week High ¥8,320; 52-week Low ¥3,035       Lagardère (Aelia, LS travel retail, Relay ): Close €27.36, Change +1.43%, 52-week High €30.23; 52-week Low €17.83       LVMH (DFS Group, Starboard Cruise Services): Close €169.00, Change +1.93% 52-week High €175.40; 52-week Low €109.41       MISR Duty Free Shops: Close 4.37, Change +1.16%, 52-week High 4.35, 52-week Low 3.09       World Duty Free Group: Close 10.14, Change +0.10%, 52-week High 11.40; 52-week Low 6.05      

Duty free concession income buoys Spanish airports group Aena in H1

SPAIN. A robust commercial performance, including a surge in income from duty free contracts, buoyed half-year results (to 30 June) at Spanish airport company Aena. Commercial revenue across the network climbed by +16.9% year-on-year to €330.8 million, aided by new contracts, increased space, a fresh range of brands from retail to dining, plus rising traffic levels at key airports and Madrid in particular.

Currency and geopolitical factors hit DFS amid 'excellent' LVMH H1 showing

INTERNATIONAL. The LVMH Selective Retailing division, which includes DFS Group, posted organic revenue growth of +5% in the first half of 2015.

Commercial strength boosts TAV Airports’ first half 2015 results

TURKEY. A strong performance in duty free and retail was “instrumental” in TAV Airports Holding's first half 2015 results, with an €88 million net profit recorded.

HMSHost and TV chef Susur Lee team up for Toronto Pearson venture

CANADA. TV chef Susur Lee has opened an Asian fusion restaurant at Toronto Pearson International Airport featuring new recipes created for travellers.

HMSHost and Lite Bite Foods team up in bid to win food & drinks contracts

INDIA. Lite Bite Foods and Autogrill-owned HMSHost have created a joint venture partnership with the aim of winning new contracts across India and Asia.

ARI’s latest liquor concept store aims to change perceptions of rum

CARIBBEAN. A concept store focused on Caribbean rum has been unveiled at Grantley Adams International Airport in Barbados, with an emphasis on heritage.

Queensland-themed restaurant opens at Brisbane's International Terminal

AUSTRALIA. Emirates Leisure Retail Australia (ELRA) has opened a new bar and restaurant inside Brisbane Airport, featuring local dishes and wines.

Dubai International airport opens new family area inside Terminal 3

UAE. An Arabian Desert-inspired family area has opened in Dubai International’s Terminal 3 featuring a children's play zone, interactive games and televisions.

The Moodie Blog: Disspelling the wrong kind of Greek myths

To hear that a group of French tourists refused to pay to enter an archaeological site because they were supposedly already paying to bail out Greece made my blood boil.

BRAND NEWS

Wolford accelerates travel retail expansion with new strategy

Austrian hosiery and lingerie brand Wolford has revealed its new travel retail development strategy as it looks to expand its presence in the channel.

Coach unleashes Wild Beast lifestyle collection for men and women

Lifestyle brand Coach will be launching its Wild Beast collection into selected Coach airport stores next month. It features styles for men and women.

Montegrappa supports Fereshteh Award cultural writing competition

Montegrappa and its Iranian distribution partner Bidar Group last month sponsored a cultural writing competition which was hosted by the Fereshteh (Angel) Award.

Red Zero 7 to distribute Hush Heath's sparkling rosé on Saga Cruises

INTERNATIONAL. Specialist travel retail and duty free distributor Red Zero 7 has confirmed a deal to supply Saga Cruises with Hush Heath's sparkling rosé.

Heinemann Duty Free launches new Hugo Boss men’s fragrance

Hugo Boss’ latest fragrance for men is launching at Heinemann Duty Free shops across a range of European airports, after a successful pre-launch in Norway.

Cointreau Blood Orange makes debut at Frankfurt and Paris CDG

Heinemann Duty Free officially launched Cointreau Blood Orange last month with high-profile promotions at Frankfurt and Paris CDG airports, attended by the Master Distiller.

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