TRBusiness 90 second news update

By Luke Barras-hill | Wednesday, 15 November 2017 13:52

MEADFA cancels Beirut duty free show for safety reasons

The Board of MEADFA has ‘sensibly and bravely’ decided to put the security and safety of its delegates first by postponing next week’s MEADFA Conference at Beirut’s Phoencia Hotel, following the increasingly serious political tensions growing within the country and outside its immediate borders…read more…

Richemont confirms its Dufry stake rise from 5% to 7.5%

Compagnie Financière Richemont has raised its shareholding in the Dufry Group from 5% to 7.5%, according to comments attributed to Chief Financial Officer Burkhart Grund at the company’s Q2/2018 analyst’s results conference last week…read more…

Swedavia signs a new 7-year contract with Nuance/Dufry

Swedish airports authority ‘Swedavia’ has agreed a new seven-year contract concession agreement across eight airports with the Dufry AG-owned Nuance company…read more…

DFS set to retain 14-year San Francisco DF contract

DFS Group’s bid to retain its San Francisco International Airport duty free contract for 14 years is now the favoured offer being recommended to the Airport Commission at San Francisco International Airport…read more…

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