Welcome to the TRBusiness 90 Second News update for 15 February 2024 – your weekly roundup of duty free and travel retail news, kindly sponsored by Coty.

TAV Airports reports 25% revenue boost in 2023

Groupe ADP member TAV Airports saw its 2023 revenues climb 25% to €1.3 billion as passenger numbers hit 96 million, a 22% increase year-on-year. Read more…

Duo of luxury watch boutiques are Gatwick’s first store openings of 2024

TAG Heuer and Tudor have each opened luxury watch boutiques at London Gatwick, marking the airport’s first new retail stores of the year. Read more…

The Shilla Duty Free marks LNY at Changi with offers and promotions 

Travel retailer The Shilla Duty Free has marked the Lunar New Year at Singapore Changi Airport with a series of special offers, activities and promotions running until the end of February. Read more…

ETC: European tourism just 1.6% below pre-pandemic levels

International European tourism now stands at 1.6% below 2019 figures, new data from the European Travel Commission (ETC) suggest. Read more…

Photo: Shutterstock.

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