The TRBusiness 90 second update

By Charlotte Turner |

Dufry Q1 sales grow 31% to CHF.1,018.9m ($1.08bn)

Dufry’s travel retail sales turnover grew by 31.5% to just over $1bn in the first quarter of 2015 in what the company described as ‘a solid underlining performance’…read more…

 

Tallink sets new standard with awards night

Baltic cruise and ferry operator Tallink attracted around 500 guests to its reformulated and significantly upscaled awards night on Tuesday after the first day of the Tallink Silja Line Duty Free Fair…read more…

 

China calls for more duty free shops and duty cuts

In response to a fall in Chinese visitors and spending, plus rising tensions in Hong Kong, China’s State Council has promised to open more duty free shops at ports of entry, reduce duties on high volume consumer necessities and introduce a simpler system for overseas shoppers to claim back sales tax…read more…

 

ARI: business ‘more stable and growth oriented’

ARI CEO Jack MacGowan told TRBusiness last week that he believes that the company has raised its basic operating standards and the retailer is now being increasing regarded as a premium operator once more….read more…

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