Saudi Arabia Newsroom
Lagardère Travel Retail delivers upbeat message despite China challenges and “very volatile environment”
“We have demonstrated that our plan to be a diversified leader in the promising fields of publishing, travel retail and media is solid,” says Louis Hachette Group CEO & Chairman Jean-Christophe Thiery.
The new listing at Riyadh Duty Free builds on the brand’s momentum in the region, following its successful launch at Abu Dhabi Duty Free in early July.
“We have demonstrated that our plan to be a diversified leader in the promising fields of publishing, travel retail and media is solid,” says Louis Hachette Group CEO & Chairman Jean-Christophe Thiery.
The global campaign has been adapted by local markets to bring the spirit of summer to life both in-store and online, from HPP displays to impactful digital screens, to ecommerce and local social media channels.
The inbound figure marked a +70% leap compared to pre-pandemic 2019. Domestic tourism climbed by +5% year-on-year in 2024 to 86.2 million.
The Dubai gateway has retained its top spot in ACI World’s annual ranking of the busiest gateways by international passenger traffic, serving 92.3 million passengers. Hartsfield-Jackson Atlanta International Airport again ranked top overall.
“The World, and the Middle East, are the real WINNERS! Both Nations will see tremendous LOVE, PEACE, AND PROSPERITY in their futures,” writes the US leader on Truth Social. After a brief flare-up, an uneasy calm is in place.
In a major interview, Lagardère Travel Retail Chairman & CEO Dag Rasmussen and newly named CEO Frédéric Chevalier speak to Dermot Davitt about their respective new roles, planning the transition and business continuity amid market change.
Catastrophic events in India and the Middle East over the past few days have potentially serious effects for the travel retail world, writes Martin Moodie. At an already stressed time for the channel, the Iran-Israel conflict is of mounting concern.
We feature further talking points from Gebr. Heinemann’s recent press conference, at which Co-CEOs Max Heinemann and Raoul Spanger and Chief Commercial Officer Inken Callsen talked about India and Saudi Arabia opportunity and sustainability goals.
We feature talking points from Gebr. Heinemann’s recent press conference in Hamburg, at which the company discussed its 2024 performance, growth plans and views on regional and global markets.
The robust performance came despite what the leading travel retailer and distributor termed a ‘complex environment’, characterised by volatility and uncertainty across some key markets and a significantly eroded Chinese spend.
Saudia Airlines Lounge, which is open to its First and Business Class passengers only, features a ‘VIP Zone’ and a first-of-its-kind Tea Bar in partnership with the London Tea Exchange.
