Commercial Sales Results
Hyundai Duty Free returns to profit in H1 while group department store sales to foreigners surge
Surging tourism plus a rationalised and more disciplined downtown store approach enhanced Hyundai Duty Free’s operating performance in Q2 and H1. But the real beneficiary of the tourism boom was the group’s department store division.
Gatwick’s H1 net retail income per passenger rises +4% though Middle East conflict hits passenger and revenue count
While traffic was hit hard, principally by the Middle East conflict, individual passenger spending was encouraging, boosted by route network diversification and completed terminal refurbishments.
Passenger traffic growth outpaces Copenhagen Airports’ +6% rise in first-half commercial income
Concession revenue at the Danish gateway amounted to DKK471 million (US$73.6 million) for the first six months, an increase of around +6% compared with the same period last year.
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.
Travel Food Services reports sharp rise in Q1 sales and profits amid flurry of new openings
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.
Coty’s fourth quarter performance ‘ahead of expectations’ as full-year revenues decline -2%
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.
Share price surges amid turnaround progress and return to travel retail “positivity” for The Estée Lauder Companies
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.
Reigniting growth: Asia travel retail recovery buoys The Estée Lauder Companies’ full-year results
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.
Vienna Airport warns of competitiveness challenge despite first-half profits increase
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.
Moodie Davitt WeChat: Key stories from Week 28
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 buoy Zurich Airport through July as landside renovation programme continues
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.
Shinsegae Duty Free moves into the black as experience over price strategy pays off
“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.
