Commercial Sales Results
Summer tourism rush fuels Hainan offshore duty-free sales
A Hainan government statement highlighted a surge in tourism consumption over the summer, with large-scale concerts contributing to visitor volumes.
Moodie Davitt WeChat: Key stories from Week 30 as dual platform continues to grow
The Moodie Davitt Report offers unrivalled Chinese language coverage of key China-related stories, anchored by our dual WeChat platforms – our weekly Moodie Davitt Account and Moodie Davitt Report China Travel Retail Express, which publishes daily.
Middle East headwinds slow Brown-Forman Q1 travel retail sales
The ongoing Middle East conflict drove a -1% sales decline, primarily manifested in lower volumes of Gin Mare. That decline was partially offset by the launch of Jack Daniel’s Tennessee Blackberry.
First-half commercial revenue growth outstrips passenger traffic rise at Finland’s airports
The commercial growth of +9.2% year-on-year to June outstripped a +6.4% rise in passenger traffic in the period.
Duty-free sales to South Korean nationals remain soft in July but foreign shoppers drive downtown store growth
Sales in the world’s biggest duty-free market rose +15.9% year-on-year in July on shopper numbers up a more modest +3.4%. But while inbound tourism booms, duty-free shopping has slipped worryingly down the visitor priority list.
Mixed bag for Pernod Ricard global travel retail in FY26 as sales ease -3%
The French drinks powerhouse experienced contrasting travel retail fortunes through its financial year with positives in China, Europe and the Americas being offset by challenges in South Korea and the Middle East.
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.
