INTERNATIONAL. Welcome to the July/August 2026 edition of The Moodie Davitt Magazine.
In this issue we present our definitive annual guide to the world’s Top Travel Retailers, measured by their 2025 turnover.
Avolta has retained the number one position for a third consecutive year. The group also tops our separate Top 5 F&B Operators ranking and leads our combined retail and food & beverage table, underlining the scale and breadth of its global business.
China Duty Free Group and Lagardère Travel Retail complete the retail top three, while SSP Group and Areas follow Avolta in the travel F&B ranking.
Our detailed commentary examines the performance and prospects of the leading players, alongside the forces reshaping the industry.
Among them are changing consumer behaviour, softer Chinese spending, pressure on the Korean duty-free market and geopolitical uncertainty.
We also present the full roll-call of honour from the second annual Travel Retail Exclusive (TREX) Awards. The winners range from destination-inspired products to immersive, cross-category collaborations, demonstrating how exclusivity can give travellers a compelling reason to engage with the offer.
Rounding out the issue, our review of The Moodies Awards celebrates the social and digital campaigns reshaping how airports, retailers and brands connect with passengers – from AI-powered beauty consultations to viral confectionery launches.
Please enjoy this edition of The Magazine with our compliments. ✈
*Announcing The TREX Factor – Reaching B2C + B2B Audiences
The Moodie Davitt Report has launched a breakthrough crossover B2B to B2C video series focused entirely on travel retail-exclusive (TREX) products. {Click on the YouTube Icon to view TREX Travels to the Duty-Free World, the introductory video to The TREX Factor} Filmed by our acclaimed Shenzhen-based Moodie Davitt STUDIO division, the pioneering B2B and B2C crossover series is being shown in multi-lingual form (led by but not limited to Chinese and English) on the Moodie Davitt STUDIO YouTube channel and our WeChat Video platforms. EPISODE 1{Click on the YouTube icon to view Episode 1 on the Moodie Davitt STUDIO platform or here to watch on WeChat with Chinese subtitles} In our worldwide premiere, resident TREX Master Martin Moodie – the world’s leading duty-free shopping commentator and Founder of world-renowned The Moodie Davitt Report, introduces Johnnie Walker Blue Label Xordinaire, aged in former French XO Cognac casks, designed to add an element of smoothness and sweetness. Johnnie Walker Blue Label Xordinaire brings these elements together for an extraordinary finish. And, most importantly, it is a definitive TREX, available only in duty-free and travel retail stores. Click on the YouTube icon to view. EPISODE 2{Click on the YouTube icon to view Episode 2 on the Moodie Davitt STUDIO platform or here to watch on WeChat with Chinese subtitles} In our second episode, resident TREX Master Martin Moodie introduces you to two single malt whiskies from The Macallan, one of the truly famous Scotch whiskey distilleries of the world. Two very interesting variants with very different stories behind them. Click on the YouTube icon to view. EPISODE 3Our third episode features 叠川 The Chuan, which celebrates the vision of French drinks powerhouse Pernod Ricard to create a prestige Chinese malt whisky. Resident TREX Master Martin Moodie is joined on set by Rolls Wang, Retail Manager at Duty Zero by cdf, Hong Kong International Airport. EPISODE 4In this episode we taste two fine whiskies from Japan under the Misaka label – Misaka 12 Years Old Pure Malt PX Sherry Cask and Misaka 12 Years Old Mizunara Cask. Resident TREX Master Martin Moodie is joined by Hong Kong-based Australian entrepreneur, wines & spirits distributor, restaurateur, whisky aficionado and now whisky owner, Harry Kartasis, who introduced the brand to the world. Brands or retailers wishing to participate should contact Martin Moodie at Martin@MoodieDavittReport.com |
