The Moodie Report India
Travel Food Services reports sharp rise in Q1 sales and profits amid flurry of new openings
Sales across the business climbed +18% year-on-year, with new openings playing a key role, notably at Delhi and Cochin airports, plus at Noida International Airport, India’s latest major gateway.
The revamped Hyderabad Duty Free Departure Store features a retail environment inspired by the heritage of Hyderabad and Telangana, while Vizag Duty Free is built around the theme ‘Where Coastal Heritage Meets Global Discoveries’.
With Venchi and Neuhaus now open, CocoCart is set to add Bateel, Le Pain Quotidien and Vapiano, bringing new dining formats across key Mumbai airports.
L’Oréal Travel Retail is positioning the channel as an important discovery platform for the duo Vendetta fragrances with a pre-launch spanning 200 locations in India and EMEA and centred on a hero pop-up at Paris CDG.
The Belgian chocolatier partnered with premium confectionery retailer CocoCart for its standalone boutique debut in India, opening locations at Navi Mumbai International Airport and Chhatrapati Shivaji Maharaj International Airport.
The Toblerone ‘The Ultimate Gift’ campaign combines, luxury gifting, charitable impact and shopper engagement in a far-reaching campaign spanning 170 locations in global travel retail.
GMR Aero is putting sense of place at the heart of Alluri Sitarama Raju International Airport, weaving the culture, craftsmanship and traditions of Andhra Pradesh into the new gateway’s architecture and design.
The newly-awarded concession represents a vital expansion of the Avolta duty-free footprint in India beyond the company’s presence at Kempegowda International Airport Bengaluru.
L’Oréal delivered strong first-half sales growth and record profitability as North Asia continued its recovery, with a positive outlook for travel retail in Asia Pacific.
Ospree Duty Free CEO Gaurav Singh says: “The opening of our store at Navi Mumbai International Airport marks another important milestone in Ospree Duty Free’s expansion journey.”
Continued momentum at Kering Eyewear was among the highlights across the luxury group’s portfolio in the six months to 30 June.
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