Trbusiness. The travel retail Trbusiness. The magazine for global retail and duty free professionals.
Avolta marks a resilient H125 performance with $8bn in turnover
Avolta released its H1 2025 results today (31 July), which showed solid organic growth of 5.7% and like-for-like growth of 4.9% as turnover reached CHF6,734m ($8.2bn). The travel retailer says the growth reflects the continued momentum of its transformation, driven by...
CDFG facing significant challenges as revenue and profits fall in H125
China Duty Free Group (CDFG) has reported a -9.96% year-on-year decrease in operating income to RMB28,150.75 million (US$3.9 billion) for H1 2025, while operating profit saw a major 18.20% slide to RMB370,798.85 ($514.72 million). In its fiscal report, CDFG noted: " In the first half of 2025, the company continued to face performance pressure but accelerated its strategic transformation efforts. While focusing on its core duty -free business, the company actively expanded the "duty free+"...
Lagardère posts strong H125 despite sharp slide in APAC and North Asia
Lagardère Travel Retail posted €2.89 billion (£2.39bn) in the first half of 2025, up 5.1% on a reported basis and up 4.0% like for like, with...
China Trading Desk Q2 survey charts strong outbound recovery
China Trading Desk has released its Q2 2025 Outbound Traveller Survey, showing strong recovery trajectory, evolving with renewed confidence and...
ACI Europe May report reveals pax disparity and sliding freight traffic
ACI Europe has released its air traffic report for May 2025, revealing continued disparities in passenger traffic performance across the European...
Avolta highlights resilience under Destination 2027
Avolta CEO Xavier Rossinyol was joined on stage by Chief Financial Officer Yves Gerster today as the duo staged its Capital Markets Day 2025...
ETRC reports highest ever value of duty free sales in 2024
The European Travel Retail Confederation (ETRC) has released the ETRC Business Performance Index for the full year 2024, including the first...
Rémy Cointreau withdraws 2029-2030 guidance as FY25 sales fall steeply
Rémy Cointreau has reported a sharp organic sales decline of -18.0% for its fiscal year 2024-25, with consolidated revenues of €984.6 million,...
Brown‑Forman Corporation travel retail sales dip 7% as super‑premium slows
Brown‑Forman's FY 2025 fiscal report showed its total net sales dropped 5%—from just under $4bn in FY2024 to approximately $3.8 bn. The wider...
WHSmith revenue remains strong across its global travel portfolio
WHSmith has released a trading update which shows the retailer is well positioned for the peak summer trading period as a pure play travel...
Dubai Duty Free sees double-digit sales increase in May 2025 versus 2024
The month of May saw continued positive sales momentum for Dubai Duty Free as it announced sales of DHS724.7 million (US$198.5 million). This marks...
Airports struggle financially despite traffic rebound, says ACI World report
Airports worldwide are facing persistent financial challenges despite a near-full recovery in passenger traffic, according to the latest ACI...
Asia Pacific international air traffic reaches parity with 2019 level in Q4
International departing passenger volumes reached 129 million in the fourth quarter of 2024 to match its pre-Covid (2019) equivalent, according to...
Lagardère records bumper 2024 with double-digit growth and key wins
Lagardère Travel Retail recorded €5,812 million in revenue for full-year 2024, up 15.8% as reported and up 12.5% like for like, bolstered by key...
Shinsegae Duty Free Q424 sales boost marred by slump in profits
Shinsegae Duty Free has reported a major Q424 boost in net sales, which rose 14.7% year-on-year to KRW555bn ($382m), but saw a marked decline in...
China Trading Desk releases Lunar New Year 2025 travel data
China Trading Desk has said it forecasts around 2.2m to 2.6m people due to travel overseas during this year’s eight day Lunar New Year holiday...
UN stats show international travel hit 99% of pre-pandemic levels in 2024
With 1.4 billion international tourist arrivals recorded globally, the latest World Tourism Barometer from UN Tourism showed marked recovery of...
Shilla Duty Free reports significant downturn in downtown operations
Hotel Shilla, the parent company of Shilla Duty Free, has reported a KRW43.9bn ($31m) in operating losses for the fourth quarter of 2024, with...
China Tourism Group profits down in 2024
China Tourism Group Duty Free Corporation, the parent company of China Duty Free Group, has released preliminary reporting which shows...
New OAG data offers retrospective on busiest airports in 2024
Leading travel data provider Official Airline Guide (OAG) has confirmed Atlanta's Hartsfield-Jackson as the busiest airport for 2024 in terms of...
Avolta marks a resilient H125 performance with $8bn in turnover
Avolta released its H1 2025 results today (31 July), which showed solid organic growth of 5.7% and like-for-like growth of 4.9% as turnover reached CHF6,734m ($8.2bn). The travel retailer says the growth reflects the continued momentum of its transformation, driven by...
CDFG facing significant challenges as revenue and profits fall in H125
China Duty Free Group (CDFG) has reported a -9.96% year-on-year decrease in operating income to RMB28,150.75 million (US$3.9 billion) for H1 2025, while operating profit saw a major 18.20% slide to RMB370,798.85 ($514.72 million). In its fiscal report, CDFG noted: " In the first half of 2025, the company continued to face performance pressure but accelerated its strategic transformation efforts. While focusing on its core duty -free business, the company actively expanded the "duty free+"...
Lagardère posts strong H125 despite sharp slide in APAC and North Asia
Lagardère Travel Retail posted €2.89 billion (£2.39bn) in the first half of 2025, up 5.1% on a reported basis and up 4.0% like for like, with...
China Trading Desk Q2 survey charts strong outbound recovery
China Trading Desk has released its Q2 2025 Outbound Traveller Survey, showing strong recovery trajectory, evolving with renewed confidence and...
ACI Europe May report reveals pax disparity and sliding freight traffic
ACI Europe has released its air traffic report for May 2025, revealing continued disparities in passenger traffic performance across the European...
Avolta highlights resilience under Destination 2027
Avolta CEO Xavier Rossinyol was joined on stage by Chief Financial Officer Yves Gerster today as the duo staged its Capital Markets Day 2025...
ETRC reports highest ever value of duty free sales in 2024
The European Travel Retail Confederation (ETRC) has released the ETRC Business Performance Index for the full year 2024, including the first...
Rémy Cointreau withdraws 2029-2030 guidance as FY25 sales fall steeply
Rémy Cointreau has reported a sharp organic sales decline of -18.0% for its fiscal year 2024-25, with consolidated revenues of €984.6 million,...
Brown‑Forman Corporation travel retail sales dip 7% as super‑premium slows
Brown‑Forman's FY 2025 fiscal report showed its total net sales dropped 5%—from just under $4bn in FY2024 to approximately $3.8 bn. The wider...
WHSmith revenue remains strong across its global travel portfolio
WHSmith has released a trading update which shows the retailer is well positioned for the peak summer trading period as a pure play travel...
Dubai Duty Free sees double-digit sales increase in May 2025 versus 2024
The month of May saw continued positive sales momentum for Dubai Duty Free as it announced sales of DHS724.7 million (US$198.5 million). This marks...
Airports struggle financially despite traffic rebound, says ACI World report
Airports worldwide are facing persistent financial challenges despite a near-full recovery in passenger traffic, according to the latest ACI...
Asia Pacific international air traffic reaches parity with 2019 level in Q4
International departing passenger volumes reached 129 million in the fourth quarter of 2024 to match its pre-Covid (2019) equivalent, according to...
Lagardère records bumper 2024 with double-digit growth and key wins
Lagardère Travel Retail recorded €5,812 million in revenue for full-year 2024, up 15.8% as reported and up 12.5% like for like, bolstered by key...
Shinsegae Duty Free Q424 sales boost marred by slump in profits
Shinsegae Duty Free has reported a major Q424 boost in net sales, which rose 14.7% year-on-year to KRW555bn ($382m), but saw a marked decline in...
China Trading Desk releases Lunar New Year 2025 travel data
China Trading Desk has said it forecasts around 2.2m to 2.6m people due to travel overseas during this year’s eight day Lunar New Year holiday...
UN stats show international travel hit 99% of pre-pandemic levels in 2024
With 1.4 billion international tourist arrivals recorded globally, the latest World Tourism Barometer from UN Tourism showed marked recovery of...
Shilla Duty Free reports significant downturn in downtown operations
Hotel Shilla, the parent company of Shilla Duty Free, has reported a KRW43.9bn ($31m) in operating losses for the fourth quarter of 2024, with...
China Tourism Group profits down in 2024
China Tourism Group Duty Free Corporation, the parent company of China Duty Free Group, has released preliminary reporting which shows...
New OAG data offers retrospective on busiest airports in 2024
Leading travel data provider Official Airline Guide (OAG) has confirmed Atlanta's Hartsfield-Jackson as the busiest airport for 2024 in terms of...
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ACI Europe May report reveals pax disparity and sliding freight traffic
ACI Europe has released its air traffic report for May 2025, revealing continued disparities in...
China Trading Desk Q2 survey charts strong outbound recovery
China Trading Desk has released its Q2 2025 Outbound Traveller Survey, showing strong recovery...
Lagardère posts strong H125 despite sharp slide in APAC and North Asia
Lagardère Travel Retail posted €2.89 billion (£2.39bn) in the first half of 2025, up 5.1%...
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