The Moodie Report China Newsroom
Earnings call: East meets west in improved travel retail showing for The Estée Lauder Companies
“We have had strong growth in the quarter in travel retail and are very proud of the work that the team is doing,” says an upbeat Stéphane de La Faverie, President and Chief Executive Officer of the US beauty products powerhouse.
The retail units at Hong Kong International Airport Terminal 1 span 48sq m and 36sq m at the Departures Central Concourse on Level 6.
“We have had strong growth in the quarter in travel retail and are very proud of the work that the team is doing,” says an upbeat Stéphane de La Faverie, President and Chief Executive Officer of the US beauty products powerhouse.
The well-attended event, held in Urumqi, highlighted emerging partnership models and retail concepts aimed at strengthening commercial performance across China’s airports.
The Estée Lauder Companies today delivered strong Q1 results with sales, margins and earnings per share all in encouraging territory. Asia travel retail is on an upward curve, helping to drive Asia Pacific organic net sales growth of +10%.
Hainan remains the key battleground for the China Duty Free Group parent, with the retailer’s market share increasing by more than two percentage points year-on-year, despite the channel’s slowing growth.
The China Tourism Duty Free Group subsidiary underlines it commitment to taking China Chic brands to the international stage.
We bring you the latest lounge and hospitality services openings from around the world in our popular Airport Hospitality World title.
Coty Senior Vice President Global Travel Retail Mette Engell outlines how the Coty.Curated strategy is concentrating investment on six priority brands while creating opportunities for new launches.
The summit, co-organised by Xinjiang Airport Group and China Duty Free Group, brings together airports, duty-free retailers and other commercial service providers; The Moodie Davitt Report is attending as media partner.
The Moodie Davitt Report is pleased to publish our popular Jessica’s Secret Index for September covering spirits & wine, fragrances, makeup, skincare, confectionery, bags, watches and jewellery.
L’Oréal Travel Retail Luxe General Manager Danièle Lahana-Aidenbaum discusses turning waiting time into ‘wow time’ through retail experiences, fragrance discovery and channel exclusivity in her first interview since taking the helm at L’Oréal Luxe.
A “very positive Hainan” helps L’Oréal to a stellar third-quarter where growth was posted across all divisions and regions with “remarkable” performances from Professional Products and L’Oréal Dermatological Beauty and a strong recovery in Luxe.











