The cancellation causes the remaining shares in circulation to represent a larger percentage of shareholder ownership, including dividends and profits.
Regional
The Glenlivet 40 Year Old, bottled at cask strength at 46.9% ABV with an RRP of S$7,111/US$5,238, is available exclusively to travel retail, initially with Lotte Duty Free at Singapore Changi Airport, before being rolled to other selected locations worldwide.
French cosmeceutical company Nuxe has undertaken a series of high-impact activations at European airports over the festive period.
Lagardère Travel Retail UK & Ireland has opened the first MINISO-GO store at a UK airport at London Stansted.
The event in Slovenia shone a light on the role of chefs in the travel channel, celebrating the diverse culinary expertise within the company’s F&B community.
080 Domestic Lounge secured ‘Best Domestic Airport Lounge’ title at Travel + Leisure India’s Best Awards, while the International Lounge was named ‘Favourite Airport Lounge’ at the Condé Nast Reader’s Choice Awards. It’s easy to see why.
“We asked SSP to create something special, and they delivered just that,” says Christchurch Airport GM of Customer and Commercial David Cooper.
The global debut of Shu Uemura Travel Retail’s City Mart activation, launched to celebrate the Thai travel retailer’s landmark 35th anniversary, has turned into a blockbuster success story.
What sales volume will Dubai Duty Free generate during this extraordinary 24-hour shopping bonanza? Be in with a chance to win a bottle of outstanding Strange Nature Gin.
The latest opening at the airport is a Lagardère Travel Retail partnership with French family business Poulaillon, which operates 63 bakery stores across France.
Perfumes was the standout category with sales of AED15.3 million (US$4.2 million), followed by wines & spirits (AED6.5 million/US$1.8 million) and cosmetics AED6.2 million/US$1.7million).
“What truly unites Swarovski, Unifree Duty Free and Gebr. Heinemann is our passion for retail and our commitment to customer-centricity,” says Swarovski Head of Global Travel Retail Andreea Marginean.