INTERNATIONAL. Welcome to the March edition of The Moodie Davitt Magazine, in which our major focus is the China travel retail channel and the Chinese consumer.
We gather a range of views about the outlook for domestic and overseas travel in the coming months, from airports, retailers and brand owners, plus research partners, as travel growth accelerates after the removal of China’s zero-Covid policy in January.
Lagardère Travel Retail CEO – North Asia Eudes Fabre talks to us about the company’s latest big projects and ambitions for the Chinese airport, rail and offshore duty free channels.
A new report from Bain & Company highlights how luxury goods sales slowed in 2022, but notes that China remains the long-term engine of the fashion & beauty business – with travel retail a key platform.
We also speak to Airport Authority Hong Kong General about recovery, investment and the vision for the future, and in our Editor’s Choice segment, we feature a selection of key stories related to the China market and Chinese companies.
There is much more in this issue too, including on location reports from Sydney about Heinemann Australia’s new luxury & beauty shopping arena and from Paris on the new Extime retail brand unveiled by Groupe ADP.
Plus you’ll find coverage and commentary on Dufry’s full-year results and strategy as it completes its business combination with Autogrill to create a new global industry powerhouse.