Trbusiness. The travel retail Trbusiness. The magazine for global retail and duty free professionals.
Estée Lauder battles volatility as GTR Asia sales falter in 2024
The Estée Lauder Companies reported a double-digit decline in global travel retail sales in 2024, which contributed to an 8% decline in net sales across the wider business. The decrease in net sales from its travel retail business, which is reported in the Europe, the...
LGA posts strong H125 ahead of October dual runway decision
London Gatwick Airport recorded a strong first half of 2025, with £491m in total revenue for H125, as it gears up for the potential of dual runway applications at its Northern Runway, and the departure of Stewart Wingate as CEO. "After 15 enjoyable years leading our airport, this will be my last financial report as Chief Executive. In my new role, as Managing Director UK Airports for VINCI and GIP, I'm looking forward to continuing to oversee the future development and strategic...
DFWC Q2 KPI Monitor shows rising interactions in GTR
Staff engagement in Duty Free and Travel Retail has shown a notable improvement in the second quarter of 2025, according to the latest findings...
UKTRF backs fresh appeal on VAT-free shopping
UK Travel Retail Forum (UKTRF) has thrown its weight behind the retail sector's latest high-profile efforts to convince the UK government to...
ACI Europe HY25 pax figures show slow growth in major markets
European airport trade body ACI Europe has released its air traffic report covering the month of June, Q225, and the first half of 2025...
Diageo sees dramatic 27.8% dip in operating profit as APAC slumps
Diageo has released its FY25 results for the year ended June 30, which showed a 27.8% decline in reported operating profit, which the business...
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...
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,...
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...
Estée Lauder battles volatility as GTR Asia sales falter in 2024
The Estée Lauder Companies reported a double-digit decline in global travel retail sales in 2024, which contributed to an 8% decline in net sales across the wider business. The decrease in net sales from its travel retail business, which is reported in the Europe, the...
LGA posts strong H125 ahead of October dual runway decision
London Gatwick Airport recorded a strong first half of 2025, with £491m in total revenue for H125, as it gears up for the potential of dual runway applications at its Northern Runway, and the departure of Stewart Wingate as CEO. "After 15 enjoyable years leading our airport, this will be my last financial report as Chief Executive. In my new role, as Managing Director UK Airports for VINCI and GIP, I'm looking forward to continuing to oversee the future development and strategic...
DFWC Q2 KPI Monitor shows rising interactions in GTR
Staff engagement in Duty Free and Travel Retail has shown a notable improvement in the second quarter of 2025, according to the latest findings...
UKTRF backs fresh appeal on VAT-free shopping
UK Travel Retail Forum (UKTRF) has thrown its weight behind the retail sector's latest high-profile efforts to convince the UK government to...
ACI Europe HY25 pax figures show slow growth in major markets
European airport trade body ACI Europe has released its air traffic report covering the month of June, Q225, and the first half of 2025...
Diageo sees dramatic 27.8% dip in operating profit as APAC slumps
Diageo has released its FY25 results for the year ended June 30, which showed a 27.8% decline in reported operating profit, which the business...
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...
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,...
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...
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UKTRF backs fresh appeal on VAT-free shopping
UK Travel Retail Forum (UKTRF) has thrown its weight behind the retail sector's latest...
Diageo sees dramatic 27.8% dip in operating profit as APAC slumps
Diageo has released its FY25 results for the year ended June 30, which showed a 27.8% decline...
DFWC Q2 KPI Monitor shows rising interactions in GTR
Staff engagement in Duty Free and Travel Retail has shown a notable improvement in the second...
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