Trbusiness. The travel retail Trbusiness. The magazine for global retail and duty free professionals.
Avolta highlights resilience under Destination 2027
Avolta CEO Xavier Rossinyol was joined on stage by Chief Financial Officer Yves Gerster today as the duo staged its Capital Markets Day 2025 presentation, covering the progress made under its Destination 2027 strategy across SPP, turnover, capital allocation, the integral...
ETRC reports highest ever value of duty free sales in 2024
The European Travel Retail Confederation (ETRC) has released the ETRC Business Performance Index for the full year 2024, including the first iteration of the ETRC Nordic & Baltic Ferry Index, showing European airport duty free sales reached their highest value ever in 2024, with total sales of €9.50 billion, reflecting a +9.6% growth compared to 2023. ETRC noted this achievement marks a significant step forward in the sector’s recovery, underscoring its resilience and vital role...
Rémy Cointreau withdraws 2029-2030 guidance as FY25 sales fall steeply
Rémy Cointreau has reported a sharp organic sales decline of -18.0% for its fiscal year 2024-25, with consolidated revenues of €984.6 million,...
Brown‑Forman Corporation travel retail sales dip 7% as super‑premium slows
Brown‑Forman's FY 2025 fiscal report showed its total net sales dropped 5%—from just under $4bn in FY2024 to approximately $3.8 bn. The wider...
WHSmith revenue remains strong across its global travel portfolio
WHSmith has released a trading update which shows the retailer is well positioned for the peak summer trading period as a pure play travel...
Dubai Duty Free sees double-digit sales increase in May 2025 versus 2024
The month of May saw continued positive sales momentum for Dubai Duty Free as it announced sales of DHS724.7 million (US$198.5 million). This marks...
Airports struggle financially despite traffic rebound, says ACI World report
Airports worldwide are facing persistent financial challenges despite a near-full recovery in passenger traffic, according to the latest ACI...
Asia Pacific international air traffic reaches parity with 2019 level in Q4
International departing passenger volumes reached 129 million in the fourth quarter of 2024 to match its pre-Covid (2019) equivalent, according to...
Lagardère records bumper 2024 with double-digit growth and key wins
Lagardère Travel Retail recorded €5,812 million in revenue for full-year 2024, up 15.8% as reported and up 12.5% like for like, bolstered by key...
Shinsegae Duty Free Q424 sales boost marred by slump in profits
Shinsegae Duty Free has reported a major Q424 boost in net sales, which rose 14.7% year-on-year to KRW555bn ($382m), but saw a marked decline in...
China Trading Desk releases Lunar New Year 2025 travel data
China Trading Desk has said it forecasts around 2.2m to 2.6m people due to travel overseas during this year’s eight day Lunar New Year holiday...
UN stats show international travel hit 99% of pre-pandemic levels in 2024
With 1.4 billion international tourist arrivals recorded globally, the latest World Tourism Barometer from UN Tourism showed marked recovery of...
Shilla Duty Free reports significant downturn in downtown operations
Hotel Shilla, the parent company of Shilla Duty Free, has reported a KRW43.9bn ($31m) in operating losses for the fourth quarter of 2024, with...
China Tourism Group profits down in 2024
China Tourism Group Duty Free Corporation, the parent company of China Duty Free Group, has released preliminary reporting which shows...
New OAG data offers retrospective on busiest airports in 2024
Leading travel data provider Official Airline Guide (OAG) has confirmed Atlanta's Hartsfield-Jackson as the busiest airport for 2024 in terms of...
IATA releases November 2024 global passenger demand statistics
The International Air Transport Association has released data for November 2024 global passenger demand and capacity, up 8.1% and 5.7% year-on-year...
China Trading Desk presents findings on Chinese outbound travel sentiment
The resurgence of Chinese outbound travel in 2024 has reinvigorated global travel retail, and according to China Trading Desk’s latest Travel...
Essential Communications partners with China Trading Desk
Essential Communications has partnered with China Trading Desk, a leading digital marketing and research firm for Chinese traveller data analytics,...
GTR industry optimism levels improve in Q3 following sharp decline in Q2
Optimism levels among respondents to the Q3 2024 TR Confidence Tracker, sponsored by Suntory Global Spirits, have seen a marked rise to bring them...
MEADFA: ForwardKeys delivers in-depth look at pax traffic dynamics in MEA
ForwardKeys Vice President of Brands, Retailers and Media, Marina Giuliano, delivered a data-rich session on travel and tourism dynamics in the...
Avolta highlights resilience under Destination 2027
Avolta CEO Xavier Rossinyol was joined on stage by Chief Financial Officer Yves Gerster today as the duo staged its Capital Markets Day 2025 presentation, covering the progress made under its Destination 2027 strategy across SPP, turnover, capital allocation, the integral...
ETRC reports highest ever value of duty free sales in 2024
The European Travel Retail Confederation (ETRC) has released the ETRC Business Performance Index for the full year 2024, including the first iteration of the ETRC Nordic & Baltic Ferry Index, showing European airport duty free sales reached their highest value ever in 2024, with total sales of €9.50 billion, reflecting a +9.6% growth compared to 2023. ETRC noted this achievement marks a significant step forward in the sector’s recovery, underscoring its resilience and vital role...
Rémy Cointreau withdraws 2029-2030 guidance as FY25 sales fall steeply
Rémy Cointreau has reported a sharp organic sales decline of -18.0% for its fiscal year 2024-25, with consolidated revenues of €984.6 million,...
Brown‑Forman Corporation travel retail sales dip 7% as super‑premium slows
Brown‑Forman's FY 2025 fiscal report showed its total net sales dropped 5%—from just under $4bn in FY2024 to approximately $3.8 bn. The wider...
WHSmith revenue remains strong across its global travel portfolio
WHSmith has released a trading update which shows the retailer is well positioned for the peak summer trading period as a pure play travel...
Dubai Duty Free sees double-digit sales increase in May 2025 versus 2024
The month of May saw continued positive sales momentum for Dubai Duty Free as it announced sales of DHS724.7 million (US$198.5 million). This marks...
Airports struggle financially despite traffic rebound, says ACI World report
Airports worldwide are facing persistent financial challenges despite a near-full recovery in passenger traffic, according to the latest ACI...
Asia Pacific international air traffic reaches parity with 2019 level in Q4
International departing passenger volumes reached 129 million in the fourth quarter of 2024 to match its pre-Covid (2019) equivalent, according to...
Lagardère records bumper 2024 with double-digit growth and key wins
Lagardère Travel Retail recorded €5,812 million in revenue for full-year 2024, up 15.8% as reported and up 12.5% like for like, bolstered by key...
Shinsegae Duty Free Q424 sales boost marred by slump in profits
Shinsegae Duty Free has reported a major Q424 boost in net sales, which rose 14.7% year-on-year to KRW555bn ($382m), but saw a marked decline in...
China Trading Desk releases Lunar New Year 2025 travel data
China Trading Desk has said it forecasts around 2.2m to 2.6m people due to travel overseas during this year’s eight day Lunar New Year holiday...
UN stats show international travel hit 99% of pre-pandemic levels in 2024
With 1.4 billion international tourist arrivals recorded globally, the latest World Tourism Barometer from UN Tourism showed marked recovery of...
Shilla Duty Free reports significant downturn in downtown operations
Hotel Shilla, the parent company of Shilla Duty Free, has reported a KRW43.9bn ($31m) in operating losses for the fourth quarter of 2024, with...
China Tourism Group profits down in 2024
China Tourism Group Duty Free Corporation, the parent company of China Duty Free Group, has released preliminary reporting which shows...
New OAG data offers retrospective on busiest airports in 2024
Leading travel data provider Official Airline Guide (OAG) has confirmed Atlanta's Hartsfield-Jackson as the busiest airport for 2024 in terms of...
IATA releases November 2024 global passenger demand statistics
The International Air Transport Association has released data for November 2024 global passenger demand and capacity, up 8.1% and 5.7% year-on-year...
China Trading Desk presents findings on Chinese outbound travel sentiment
The resurgence of Chinese outbound travel in 2024 has reinvigorated global travel retail, and according to China Trading Desk’s latest Travel...
Essential Communications partners with China Trading Desk
Essential Communications has partnered with China Trading Desk, a leading digital marketing and research firm for Chinese traveller data analytics,...
GTR industry optimism levels improve in Q3 following sharp decline in Q2
Optimism levels among respondents to the Q3 2024 TR Confidence Tracker, sponsored by Suntory Global Spirits, have seen a marked rise to bring them...
MEADFA: ForwardKeys delivers in-depth look at pax traffic dynamics in MEA
ForwardKeys Vice President of Brands, Retailers and Media, Marina Giuliano, delivered a data-rich session on travel and tourism dynamics in the...
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ETRC reports highest ever value of duty free sales in 2024
The European Travel Retail Confederation (ETRC) has released the ETRC Business Performance Index...
Avolta highlights resilience under Destination 2027
Avolta CEO Xavier Rossinyol was joined on stage by Chief Financial Officer Yves Gerster today as...
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