Dufry

Dufry turnover plunges -62% in first half; accelerates re-opening and re-organization

Dufry, the world’s largest travel retailer, last week revealed the impact of the COVID-19 pandemic on its first-half results, and it should come as no surprise how dire the impact was on earnings. During the first six months of the year, Dufry’s performance was impacted by the unprecedented level of disruption of retail operations, globally driven by […]

Hudson reopens over 200 stores in phased approach, but reduces workforce nearly 40% due to COVID-19 pandemic

North American travel retailer Hudson has slowly begun reopening its travel stores closed due to the COVID-19 pandemic. Hudson is also bringing back a number of furloughed team members, announced the company in its 2Q financial statement. In order to preserve liquidity, the Company had implemented a number of cost savings actions beginning in March, […]

Hudson pulls out of F&B deal with OHM

Hudson Group has terminated its previously announced acquisition to buy a majority stake in the assets of US-based food and beverage (F&B) concessions operator OHM Concessions Group. Hudson originally agreed to buy a majority stake in the assets on October 31, 2019 for an unannounced sum. The acquisition would have added approximately 60 additional food & beverage […]

Hudson and Dufry sign new 8-year contract at Toronto Pearson

Dufry and Hudson have been awarded an eight-year duty free retail contract at Toronto Pearson International Airport. Starting in June 2022, the con-tract continues a 35 year partner-ship with the airport authority and includes the creation of a strategic Joint Management Committee, which it hopes will help redefine the passenger experience at the airport.      […]

L’Oréal Americas TRAM celebrates Armani Cinema World Tour with holistic airport experience

L’Oréal Travel Retail has taken Armani’ Beauty’s iconic Armani World Cinema Tour across America’s top airports from Rio de Janeiro and Buenos Aires to Los Angeles and Toronto. The Cinematic HPP embraced the true spirit of the global traveler with the participation in one of the most prestigious International Film Festival, two pop-ups and the […]

Enrique Urioste joins Dufry in key South American role as Oscar Garcia Pedrosa prepares to retire

Enrique Urioste, one of the Americas most recognized and respected travel retail operators, is joining travel retail giant Dufry as Cluster General manager for South America (excluding Brazil). He assumes the new role as of January 1, 2020. Urioste will replace Oscar Garcia Pedrosa, who will retire in mid-2020. From his initial introduction as the first Secretary General of South […]