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Africa
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Dufry Group turnover recovery accelerates through first quarter
In a trading update, the retailer said that Q1 was “characterised by continuous improvements during January and February, resulting in increasing sales trends in most regions globally from March onwards”, a trend that continued into April. Read More
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Lagardère Travel Retail introduces West African restaurant concept Képar Café
Launched in both Mauritania and Senegal, the “hyper-localised” restaurant concept Képar Café will be rolled out to other locations in West Africa. Read More
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Estée Lauder posts strong Q3 results despite ‘accelerated headwinds’
The American beauty powerhouse reveals double-digit growth in Q3 global travel retail sales despite a slowdown in March due to COVID-related restrictions in China. Read More
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Gebr. Heinemann turnover climbs to €2.1 billion in 2021 as group returns to profit
Sales at Gebr. Heinemann climb by +31% year-on-year amid some recovery in travel markets. For 2022, the Hamburg-based company is forecasting that it will reach 75% of 2019 turnover, alongside “solid profitability”. Read More
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Europe and US travel recovery buoy Lagardère Travel Retail sales in first quarter
Lagardère Travel Retail sales reached €694 million in the first three months of 2022, around double the 2021 figure but still -28.7% below the first quarter of 2019, as travel returned at scale in Europe and growth continued in the Read More
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A new Trinity: L’Oréal Travel Retail teams with Tripadvisor and Dufry in ‘Beauty to Go’ project
L’Oréal Travel Retail EMEAI Managing Director Gianguido Bianco describes the new partnership – which targets US and UK travellers – as a “true game changer”. Read More
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Skift Travel Health Index shows continuing global recovery; China and Japan lag
The Skift Travel Health Index is a real-time measure of travel industry performance across 22 countries and core verticals within it. It also offers a useful indicator of national and international travel retail recovery. Read More
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Qatar leads Middle East and Africa international arrivals recovery, reports ForwardKeys
The travel analyst revealed that tickets issued for arrivals to the Middle East and Africa in Q2 this year stand at -33% compared to 2019 levels, ahead of the international average of -45%. Read More
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Hainan prospers as L’Oréal overcomes ‘unstable’ context to post strong Q1 growth
In presenting a vibrant set of first-quarter results, L’Oréal CEO Nicolas Hieronimus highlighted the group’s stand-out performance in the key Hainan travel retail market. Read More
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‘A market leading ambition’ – Lagardère Travel Retail commits to carbon neutrality by end of 2023
The ambition covers all of the group’s direct emissions, with a new governance framework implemented at the company to oversee and steer its CSR actions. Read More
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Distell unveils Bain’s 21-Year-Old Pinotage Special Reserve whisky
The highly distinctive Pinotage is South Africa’s signature grape varietal. Now its unique character has been brought to bear on the aging of a famed South African whisky. Read More
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MEADFA highlights duty free opportunity to ACI Africa audience
Middle East and Africa Duty Free Association President Sherif Toulan today outlined the importance of the duty free business to airport decision makers in Africa. Read More
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‘Customer service leadership’ – ACI reveals Airport Service Quality award winners
ACI recognises 87 airports around the world for their customer service in the second year of the pandemic, through the ratings of travelling consumers. Read More
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Agility, flexibility and interdependency – MEADFA webinar assesses supply chain challenges
The Middle East & Africa Duty Free Association today hosted a valuable webinar led by discussion of supply chain, a critical theme for retailers and brand owners. Read More
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