Commercial Sales Results
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.
Improving momentum across Asia travel retail, led by gains in Korea, Hong Kong and Hainan, helped Estée Lauder Companies 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.
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.
Growth in Europe, Latin America & Caribbean and Africa was offset by weakness in North America and Asia Pacific.
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.
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.












