Dufry’s first quarter 2022 performance showed considerable improvement and was driven by significant progress across EMEA and positive contributions from the Americas, especially the U.S. and Central America & Caribbean Turnover reached CHF 1,118.6 million, an organic growth of 144.5% compared to the previous year. Dufry’s Equity Free Cash Flow (EFCF) performed substantially better versus […]
Dufry
Hershey World Travel Retail launches high-impact Reese’s campaign with Dufry
Hershey’s World Travel Retail team will celebrate the launch of a new Reese’s brand campaign in duty free stores around the world with Dufry in May. The campaign asks consumers to “Show Us How You Reese’s,” celebrating the many ways to eat Reese’s. Whether one explores it, nibbles it, bites it or devours it, the […]
Dufry extends La Romana duty free concession in the Dominican Republic for 10 years
Global travel retailer Dufry has extended its duty free concession at La Romana Int. Airport & Seaport (AILR & CPLR) in the Dominican Republic for another 10 years. The company has been opera-ting at La Romana for more than 14 years, where the combined airport and seaport location welcomes more than 700,000 passengers a year, […]
Hudson debuts innovative shop-in-shop experience store –Evolve by Hudson
Travel retail leader Hudson continues to up its game in U.S. airports, creating some of the most innovative and experiential stores in the industry. This week, Hudson revealed its latest eye-catching and welcoming new concept, Evolve by Hudson (Evolve), a shop-in-shop store that will blend a specialty brand experience with the accessibility of travel essentials […]
Dufry’s Diaz “positive on the opportunities” ahead, as 1H 2021 shows gradual improvement
With its performance driven by the U.S. and Central America & Caribbean due to successful vaccination campaigns and more flexible travel protocols, travel retail giant Dufry reported gradual improvements for the first half of 2021, as Dufry CEO Julian Diaz reiterated that the company was “positive on the opportunities lying ahead” of it as it […]
Dufry wins new, five-year duty-free contract at Cayenne International Airport in French Guiana
Dufry has won a new, five-year concession contract to operate the duty free shop at Cayenne – Felix Eboué International Airport in French Guiana, the French over-seas department located in the north of South America. Cayenne airport served 550,000 passengers in 2019. This concession win further consolidates Dufry’s footprint in Central and South America, which […]
Hudson leadership changes: Roger Fordyce to step down as CEO to be succeeded by Jordi Martin-Consuegra
Hudson Group has announced that Chief Executive Officer Roger Fordyce will be stepping down as of June 30, 2021, after more than 30 years of distinguished service with the company, the last three as CEO. He will continue to support Hudson in an advisory capacity moving forward. With more than three decades of travel retail […]
Sarah Branquinho appointed Chief Diversity & Inclusion Officer at Dufry
Sarah Branquinho has been appointed Chief Diversity & Inclusion Officer at Dufry and member of the Global Executive Committee, effective July 1, 2021. She will be reporting to Group CEO Julián Díaz. In this role, Branquinho will foster and further develop the group-wide implementation of the Dufry Diversity & Inclusion Strategy. Branquinho has worked for […]
Dufry reports gradual improvements in 1Q 2021, Americas shows most “encouraging” results
The Americas, which is seeing an “encouraging” regional return of domestic travel and recovering duty-paid shopping, has helped Dufry’s business inch up in first quarter 2021. Plus, the travel retailer’s opening of a 3,000 sq meter store in Hainan in collaboration with Alibaba Group and Hainan Development Holding, gives it its first foothold in the […]
Hudson officially opens Nonstop, powered by Amazon’s Just Walk Out Technology, at Dallas Love Field Airport
Travel retail operator Hudson has opened the first Hudson Nonstop store using Amazon’s Just Walk Out technology at Dallas Love Field Airport (DAL). The opening celebrates Hudson’s commitment to delivering transformative retail experiences tailored to today’s travelers, says the company. Hudson is a Dufry company that operates more than 1,000 stores in airports, commuter hubs, […]
Dufry wins new retail contracts at Jamaica’s Sangster International Airport in Montego Bay
Global travel retailer Dufry has been awarded a new concession license at Sangster International Airport in Montego Bay, Jamaica, where it has held a contract since 2012. The airport operator, MBJ Airports Limited (“MBJ”), is currently expanding and redeveloping the retail space as it expands and modernizes the facility. Montego Bay is one of the […]
Lancôme TR Americas and Dufry open Lancôme’s biggest flagship in South America
Lancôme Travel Retail Americas and Dufry have partnered to open Lancôme’s biggest flagship in South America. The 43sqm store opened at the international departures area of Terminal 3 of São Paulo International Airport (GRU Airport) on January 31, 2021. Lancôme’s new flagship features numerous eye-catching screens and embraces the values of the brand – joy, […]
Dufry-Hudson successfully complete merger
Dufry and its subsidiary Hudson Ltd. successfully closed their previously announced merger on December 1, 2020. The closing of the transaction follows a special general meeting of Hudson’s shareholders held on November 30, 2020, where Hudson’s share-holders voted to approve and adopt the merger by 98.59% of the votes cast at the meeting. Following shareholder […]
Hudson 3Q and 9 month financial results improve from first half
Hudson Group reported improved sales trends in the third quarter ended Sept. 30, relative to the year-over-year sales results in the second quarter of 2020. Nevertheless, the COVID-19 impact on the travel retailer’s sales have been significant. Turnover for the three months ended September 30, 2020 decreased from the prior year period by 74.1% to […]
New border shops open in Brazil despite slowdown
Border store openings in Brazil slowed down towards the end of 2019 when the Brazilian economy stagnated and did not advance in line with expectations. The pandemic clearly made the situation much worse for all operators and business was non-existent during the second quarter of this year. As of the beginning of the third quarter, […]