Trbusiness. The travel retail Trbusiness. The magazine for global retail and duty free professionals.The TRBusiness 90 second news update
By Charlotte Turner |
Dufry CEO neither confirms nor denies WDF interest
In an exclusive interview with TRBusiness this month, Dufry CEO Julían Díaz repeated that any company target is a good one if the valuation is correct, there are synergies to deliver and value-creation opportunities…read more…
Chinese account for near one third of tax free spend
Chinese global shoppers accounted for almost one third of all tax free shopping spend in 2014, according to Global Blue, the world’s leading tax free refund firm…read more…
ADDF tops AED 1bn but average spend falls
Abu Dhabi Airport Duty Free topped the 1bn Dirhams mark last year with sales of $274.7m up +10.5% on 2013, almost entirely at Abu Dhabi International Airport (AUH). However, the retail pace was only half the +20% traffic growth at the Etihad hub…read more…
New Zealand visitor spend +13% to $5bn as Chinese raise bar
New Zealand’s Ministry of Business, Innovation and Employment reports that total estimated visitor spending in New Zealand reached NZ$7.4bn ($5.5bn) for the year ending December 2014, a rise of 13% on 2013…read more…
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