The TRBusiness 90 second news update

By Charlotte Turner | Thursday, 28 May 2015 9:56

Philadelphia prepares new round of tenders

MarketPlace Development and the City of Philadelphia’s Division of Aviation is hosting a ‘leasing outreach forum’ next month for regional and national retailers and ‘quick service’ food operators as part of its concessions programme at Philadelphia International Airport (PHL)…read more…

Chinese turn their backs on Hong Kong; retailers braced

One of DFS Group’s downtown duty free strongholds, Hong Kong, is going to see a -48% fall in arrivals from mainland China – with South Korea, Thailand, Japan and New Zealand mopping up PRC traffic instead…read more…

IAG to buy 25% Aer Lingus share and launch full bid

After a long period of debate, the Irish Government finally gave the green light for the sale of its 25% stake in national carrier Aer Lingus to the International Airlines Group (IAG) last night – one of the world’s largest airline groupings, which is also the holding company for British Airways and Iberia/Veuling…read more…

Dufry ramps up control of beauty to 17.6%

By the end of 2015, 17.6% of beauty spending in duty free and travel retail could be within a Dufry-owned store, up from about 6.1% at the start of last year…read more…

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