The results include impressive non-aeronautical performances at Indira Gandhi International Airport, Delhi and Rajiv Gandhi International Airport, Hyderabad, particularly in F&B.
We feature highlights from this week’s Moodie Davitt Report WeChat Official Account. Our follower base has climbed impressively to 8,452 across our dual platforms.
The retailer revealed a -27.7% year-on-year decline in net profit for the first quarter ended 31 March, totalling BD1.69 million (US$4.49 million).
We feature highlights from this week’s Moodie Davitt Report WeChat Official Account, with our follower base climbing steadily to 5,919.
The luxury powerhouse has reported a sharp -14% year-on-year decline in first-quarter revenue to €3.9 billion, on both a reported and comparable basis.
In a challenging market environment in China, the brand faced persistent headwinds in travel retail. Beiersdorf responded with a significant reduction of stock levels during the first quarter, especially in Hainan.
The Italian leathergoods company has reported a +10% year-on-year increase in turnover, driven by its customer-focused strategy and omnichannel expansion.
For the full year ended 31 December, the retailer’s net profit reached BD5.015 million (US$13.3 million).
Despite strong demand for prestige fragrances, Q2 net revenue declined due to continued weakness in the mass beauty market and ongoing challenges in APAC, notably in China and Asian travel retail.
Haikou Customs has revealed that the ‘buy and pick-up’ duty-free sales in Hainan province exceeded CNY3 billion (US$411.7 million) this year.
Challenging market conditions are severely hitting airport non-aeronautical revenues according to data exclusively presented by Airports Council International at last week’s Trinity Forum in Ho Chi Minh City, Vietnam.
Coccinelle registered a +13% year-on-year revenue increase in the first nine months, underpinned by a notably strong EBITDA.
