Commercial Sales Results
The Moodie Davitt Magazine: Avolta leads Top Travel Retailer rankings for a third consecutive year
Welcome to the July/August 2026 edition of The Moodie Davitt Magazine. In this issue we present our definitive annual guide to the world’s Top Travel Retailers, measured by their 2025 turnover.
Frankfurt T3 opening supports Fraport retail performance in Q2 despite weak passenger traffic
Retail revenues per passenger hit €3.24, just below last year’s first-half performance after what the company cited as a weak Q1 for retail but a stronger Q2 trend driven by a positive effect from the new Terminal 3 at Frankfurt Airport.
Duty-free sales to Korean nationals slump in June
June was a soft month for Korean spending in the world’s biggest duty-free market with downtown and airport sales off by -20.1% and -22.2% year-on-year, respectively. UPDATED with tables and graphs.
‘Customer, Customer, Customer’ – Diageo underlines core focus as full-year sales decline -2.0%
Growth in Europe, Latin America & Caribbean and Africa was offset by weakness in North America and Asia Pacific.
Travel retail supports fragrance growth as Puig posts solid first-half revenue growth
Fragrance-led growth, expanding profitability and strong performances in travel retail, North America and Asia Pacific underpin a resilient first half as the prestige beauty group reaffirms its full-year outlook.
Moodie Davitt WeChat: Key stories from Week 26
The Moodie Davitt Report offers unrivalled Chinese language coverage of key China-related stories, anchored by our two WeChat platforms – our weekly Moodie Davitt Account and Moodie Davitt Report China Travel Retail Express, which publishes daily.
Avolta delivers resilient first-half performance as ‘geopolitical headwinds’ hit profitability
The world’s leading travel retail-to-dining player reports a +3.1% rise in core turnover, with EBITDA up marginally, as war in the Middle East slows its growth in the first half of 2026.
L’Oréal outperforms beauty market in H1 with +6.5% sales uplift; Asia travel retail recovery expected in H2
L’Oréal delivered strong first-half sales growth and record profitability as North Asia continued its recovery, with a positive outlook for travel retail in Asia Pacific.
EssilorLuxottica delivers strong first-half growth amid challenging market conditions
The eyewear powerhouse posted solid first-half growth as AI glasses, myopia management and strong regional performances fuelled its momentum.
Kering Eyewear turns in record first half amid resilient performance for luxury goods parent group
Continued momentum at Kering Eyewear was among the highlights across the luxury group’s portfolio in the six months to 30 June.
Aena posts H1 revenue and profit growth but warns over softening of travel in second half
Leading airports group Aena highlights a “lack of visibility” about travel in the second half, amid the expiry of fuel hedges and uncertainty caused by the conflict in the Middle East.
Antalya Airport ramp-up boosts first-half commercial performance at TAV Airports
Duty-free spend per head – principally from TAV Airports’ 50% share in ATU Duty Free alongside Gebr. Heinemann – leapt +20% to €9.70 in the period.
