Landlords and Retailers
Downtown duty-free’s woes continue as Lotte prepares to shutter its Sydney store
The closure is in line with Lotte Duty Free’s ongoing policy to exit loss-making foreign ventures and underlines the transformation in trading conditions since the store opened amid great fanfare on 5 May 2022.
Amid the testing conditions facing downtown duty-free in Australia and the wider Asia Pacific region, The Mercurius Group Managing Director Ivo Favotto reflects on the demise of the channel and how it will change tourist shopping in the region.
The closure is in line with Lotte Duty Free’s ongoing policy to exit loss-making foreign ventures and underlines the transformation in trading conditions since the store opened amid great fanfare on 5 May 2022.
The latest monthly edition of The Moodie Davitt Report’s Airport Hospitality World LinkedIn newsletter is live, bringing together the most important global stories across the vibrant airport hospitality sector.
Suntory Global Spirits Revenue Growth Director, Global Travel Retail Ashish Sagar discusses strengthening travel retail’s role as a brand-building powerhouse through TREXs, Japanese spirits discovery and diversifying the offer across all pricepoints.
Building on more than four decades of partnership with EgyptAir Duty Free, PMI Global Travel Retail is placing consumer education and engagement at the heart of its latest retail concept.
Aspire Pre-Flight Hospitality Global SVP Executive Lounges David Collyer discusses an airport lounge market increasingly shaped by segmentation, direct bookings and the economics of premium hospitality.
The Kansai counter marks the luxury skincare brand's first permanent physical retail presence in Japan, reinforcing its long-term commitment to the market and expanding opportunities for brand discovery.
Fraport CEO Dr. Stefan Schulte says: “We’ve achieved a solid result at the group level, despite a difficult market environment due to the geopolitical situation in the Middle East and steep increases in jet fuel prices.”
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.
“At Nestlé International Travel Retail, we firmly believe that collaboration, innovation and a shared commitment to enhancing the traveller experience are essential to unlocking the channel’s full potential” – Nestlé International Travel Retail General Manager Frédéric Porchet.
The retail units at Hong Kong International Airport Terminal 1 span 48sq m and 36sq m at the Departures Central Concourse on Level 6.
The concession will bring Waitrose food to go to Bristol Airport for the first time, alongside dedicated technology and book stores, with openings from summer 2027.












