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  • Commercial Sales Results

  • Image forRichemont Group sales reach all-time high in latest financial year Image forRichemont Group sales reach all-time high in latest financial year Image forRichemont Group sales reach all-time high in latest financial year

    Richemont Group sales reach all-time high in latest financial year

    The diversified luxury house’s saw off inflationary pressures and store closures due to the pandemic to grow sales by +46% in the financial year ending 31 March 2022, with profits also rising sharply. Read More

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  • Image forDufry Group turnover recovery accelerates through first quarter Image forDufry Group turnover recovery accelerates through first quarter Image forDufry Group turnover recovery accelerates through first quarter

    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

  • Image forAirports of Thailand reports Q2 concession revenues boost as phased recovery beckons Image forAirports of Thailand reports Q2 concession revenues boost as phased recovery beckons

    Airports of Thailand reports Q2 concession revenues boost as phased recovery beckons

    Airports of Thailand has reported a year-on-year +68.73% increase in concession revenues for its second quarter as travel restrictions into the country begin to ease. Read More

  • Image forBahrain Duty Free net profits soar in Q1

    Bahrain Duty Free net profits soar in Q1

    The travel retailer achieved a net profit of US$2.93 million in the quarter, up +65.2% on the same period last year. Read More

  • Image forTraffic recovery boosts Fraport Group performance in first quarter

    Traffic recovery boosts Fraport Group performance in first quarter

    For the full year, Fraport management expects between about 55% and 65% of pre-pandemic passenger volumes at Frankfurt Airport. Read More

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  • Image forHainan’s Labour Day holiday sales fall sharply to US$96.8 million Image forHainan’s Labour Day holiday sales fall sharply to US$96.8 million

    Hainan’s Labour Day holiday sales fall sharply to US$96.8 million

    Total sales (duty free and tax paid) for the Labour Day holiday from 30 April to 1 May at Hainan province’s ten duty free stores reached CNY645 million (US$96.8 million), down around -35% year-on-year. Read More

  • Image forSafilo reports solid first-quarter sales and profits growth Image forSafilo reports solid first-quarter sales and profits growth Image forSafilo reports solid first-quarter sales and profits growth

    Safilo reports solid first-quarter sales and profits growth

    Net sales at the eyewear group climbed by +8.4% at constant exchange rates to €282.6 million in the first quarter, with profitability also improving year-on-year. Read More

  • Image forGebr. Heinemann on recovery, regional reach and balancing retail and distribution Image forGebr. Heinemann on recovery, regional reach and balancing retail and distribution Image forGebr. Heinemann on recovery, regional reach and balancing retail and distribution

    Gebr. Heinemann on recovery, regional reach and balancing retail and distribution

    We bring readers further details and commentary from the annual Gebr. Heinemann press conference, featuring the company’s assessment of the drivers of performance last year, and how 2022 is trending to date. Read More

  • Image forKing Khalid International Airport reports record duty free revenues for March Image forKing Khalid International Airport reports record duty free revenues for March

    King Khalid International Airport reports record duty free revenues for March

    Riyadh Airports Company has recorded outstanding results for the airport’s commercial categories including a +62% rise in duty free sales against 2019, as traffic rebounded. Read More

  • Image forETRC Index presents snapshot of industry performance in 2021 Image forETRC Index presents snapshot of industry performance in 2021

    ETRC Index presents snapshot of industry performance in 2021

    ‘Revenge shopping’ by European travellers in H2 2021 helped boost travel retail sales and spend according to the ETRC’s full-year Business Performance Index. Read More

  • Image forHenkell Freixenet posts +11% rise in annual sales; travel retail grows by double digits Image forHenkell Freixenet posts +11% rise in annual sales; travel retail grows by double digits Image forHenkell Freixenet posts +11% rise in annual sales; travel retail grows by double digits

    Henkell Freixenet posts +11% rise in annual sales; travel retail grows by double digits

    The leading sparkling wine company delivers a strong set of results for 2021, with sales exceeding 2019 and travel retail turnover doubling year-on-year. We feature details plus an interview with CEO Dr. Andreas Brokemper. Read More

  • Image forGebr. Heinemann turnover climbs to €2.1 billion in 2021 as group returns to profit Image forGebr. Heinemann turnover climbs to €2.1 billion in 2021 as group returns to profit Image forGebr. Heinemann turnover climbs to €2.1 billion in 2021 as group returns to profit

    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

  • Image forTravel retail up +33% as Pernod Ricard posts “very strong” nine-month results

    Travel retail up +33% as Pernod Ricard posts “very strong” nine-month results

    Fast-recovering air passenger traffic drives a much-improved travel retail performance for the Martell to Chivas Regal French drinks powerhouse. Read More

  • Image forTurkey tourism rebound buoys TAV Airports

    Turkey tourism rebound buoys TAV Airports

    As travel and tourism recovers, state airports authority DHMI has forecast that passenger traffic at Turkey’s airports will hit 93% of 2019 levels in 2022 and reach a new peak in 2023. Read More

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