TRBusiness 90 second news update

By Charlotte Turner |

Dufry’s Díaz says now is the time for an acquisition in Asia

Dufry CEO, Julián Díaz believes now is the right time to make an acquisition in Asia and told TRBusiness Dufry plans to allocate capital to do so in the next 2-3 years…read more…

 

Award tenders on ‘retailing’ merits, urges Lagardère TR

Lagardère Travel Retail Chairman and CEO Dag Rasmussen has told TRBusiness that the industry should address ‘imbalances’ in the business model and pivot away from competing for commercial tenders in a system weighted towards financial proposals…read more…

 

Flemingo IPO could take place ‘in next three months’

Flemingo Travel Retail is still waiting on an appropriate time to go live with its Initial Public Offering (IPO) but that could be ‘anytime in the next three months’, CEO Manishi Sanwal has told TRBusinessread more…

 

DFASS secures 3,500sq ft PIT duty free/duty paid contract

DFASS Group has secured a 3,500sq ft duty free/duty paid concession and three duty paid speciality stores at Pittsburgh International Airport (PIT)…read more…

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