TRBusiness 90 Second News Update

By Luke Barras-hill | Wednesday, 11 January 2023 16:38

Japan banks on duty free growth as travel rebounds

Japan’s airport and downtown duty free and travel retail operators are eyeing a strong improvement in sales this year, as foreign visitors and outbound traveller numbers continue to rise… Read more…

Regulatory green light for Dufry as it edges closer to Autogrill acquisition

Edizione – owned by Italy’s Benetton family – is expected to complete the transfer of its 50.3% stake in food & beverage giant Autogrill SpA to Dufry Group at the beginning of February, the global travel retailer has announced… Read more…

Lotte donates KRW 20m to sustainable projects and unveils ‘Virtual LDF Tower’

Leading Korean travel retailer, Lotte Duty Free has announced that it plans to donate KRW 20.23 million to projects which pledge to protect the environment as it releases the third episode in an LDF Original film series on ‘sustainable travel’, featuring prominent Korean girl group ‘aespa’… Read more…

DDFS exceeds $19m in monthly sales in December

Delhi Duty Free Services (DDFS) recorded a new monthly sales high in December after netting INR 159.6 crore/US$19.2 million… Read more…

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