Commercial Sales Results
Refurbishment, new concession terms and shift in category mix hit Auckland Airport full-year retail income
Retail results represented a mixed bag with passenger spend rate up but overall income down at New Zealand’s premier airport company. Refurbishment and a change in mix towards lower-margin categories were key influences.
Sales across the business climbed +18% year-on-year, with new openings playing a key role, notably at Delhi and Cochin airports, plus at Noida International Airport, India’s latest major gateway.
Retail results represented a mixed bag with passenger spend rate up but overall income down at New Zealand’s premier airport company. Refurbishment and a change in mix towards lower-margin categories were key influences.
Coty closed a challenging FY2026 with fourth-quarter revenues up +1%, as the beauty group sharpened its focus on core brands, markets and innovation under its Coty.Curated strategy.
The Estée Lauder Companies President and CEO Stéphane de La Faverie was in bullish mood during the group’s full-year earnings call, describing how a return to the key travel retail division’s traditional consumer-centric retail roots is paying off.
Improving momentum across Asia travel retail, led by gains in South Korea, Hong Kong and Hainan, helped the beauty powerhouse return to sales growth and lift profitability in the fiscal year to June 2026.
H1 performance shows solid growth in commercial income led by advertising and F&B as Vienna Airport Joint CEO and CFO Günther Ofner warns that Austria is falling behind as an aviation location.
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.
Airside sales climbed by +8.5% year-on-year in the first seven months with landside sales down by -3.7%, the latter explained by a big programme of renovations.
“By successfully shifting our focus from ‘price-driven competition’ to an ‘experience-oriented’ duty-free model, Shinsegae Duty Free has achieved significant improvements in its business fundamentals and profitability,” a company spokesperson comments.
This was the second successive positive three-month performance for the business following six successive negative quarters.
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.
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.












