LVMH HY1 +3% to €17bn as DFS struggles in Asia

LVMH Moët Hennessy Louis Vuitton reported revenue of €17.2bn in the first six months of this year – an increase of +3%, but DFS continues to face ‘challenges in Asia due to the difficult environment for tourism, particularly in Macau and Hong Kong’…read more…

AENA +80% to €492m as duty free hits €125m

Net profit at Aeropuertos Españoles y Navegación Aérea (AENA) rose by almost 80% in the first six months of 2016 to €492m, as duty free revenue rose by 16% to €124.9m, other stores by +15.2% to €41.8m and other commercial revenue by +6.1% to €57.1m…read more…

Dufry extends Zürich duty free contract until 2028

Dufry has confirmed that Flughafen Zürich AG (Zurich Airport) has extended its duty free departures and arrivals concession business until 2028 and it will now carry out a full renovation – including the introduction of its ‘New Generation Store’…read more…

Cairns Airport duty free contract goes to tender

Cairns International Airport has called a new duty free tender with a contract submission closure date of 25 August 2016…read more…

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