LS Travel Retail sales total €2.8bn in 2013

By Charlotte Turner |

LS travel retail sales in 2013 totalled €2.8bn (US$3.8bn) up 5.4% on a reported basis and up 3.5% like-for-like, fuelled by growth in the Duty Free (+14%) and Food Services (+13%) segments.


On a like-for-like basis, substantial growth in business activity was posted for Asia (+29.5%), Romania (+7.5%), the Czech Republic (+5.6%) and Poland (+4.9%).


These positive factors were partially offset by the decline (though less so at year-end) of printed products (Travel Essentials segment sales are slightly down at -1% vs 2012), and a slowdown in the growth of air traffic, though with an improvement at year-end.


As previously reported by, net sales at Lagardère Group fell by 2.1% (on a reported basis) and 1.3%, on a like-for-like basis, for the FY 2013, reaching €7,216m (US$9,866), with travel retail offsetting a more disappointing performance by posting an increase in sales of 5%.


[Above: Aelia Duty Free store at Roma Airport.]



The Group says the difference between reported and like-for-like figures is essentially due to a negative currency effect (€112m on the pound sterling, the US dollar and the Australian dollar), partially offset by the positive effect (+€55m), of acquisitions in Travel Retail (Rome airports, DFS Wellington in Australia/New Zealand.


In the fourth quarter, LSTR opened 13 fashion sales outlets at the new domestic airport in Shenzhen (China) and on 4 December 2013, the acquisition of fashion businesses at Schiphol Airport (Amsterdam) was announced, comprising 12 sales outlets spanning an area of 2,400sq m, which realised net sales of €54m in 2012.


On 15 January 2014, it was announced that a tender had been won at Warsaw Airport consisting of 25 sales outlets in Duty Free & Luxury, Travel Essentials and Food Service and spanning an area of 3,000sq m.


Operating in more than 25 countries throughout Europe, North America, Asia and the Pacific, LS travel retail, a division of Lagardère Services, operates 2,700 stores across the world, including a presence at over 130 airports and 700 stations. It runs the largest international network of duty free and luxury, travel essentials and foodservice stores.


‘Go further with collaboration’, hear attendees

TR Sustainability Week 2023 live sessions kicked off on Tuesday* (5 September) with keynote...


Heinemann seals Ryanair inflight contract extension

Gebr. Heinemann has extended its contract with low-cost carrier Ryanair to operate its inflight...

Asia & Pacific

Changi celebrates life of Lee Kuan Yew with LKY100 Jewel exhibition 

The team at Singapore Changi Airport have announced a new exhibition to celebrate the life of...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend