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 […]
Dufry
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 […]
Hudson unveils new branding, store design
Hudson, over the past two weeks, unveiled its new branding and a revamped and innovative store design concept for 2020 that the company says positions it for future growth, while enhancing the airport experience for today’s consumers. The next generation Hudson stores will feature digital displays that allow for localized consumer content and a flexible […]
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 […]
Beam Suntory brings together “the best of the East and West” with Legent bourbon
Beam Suntory launched its new unique bourbon Legent exclusively with Dufry in the DF &TR market (excluding Asia) in September for a 12-month period, before being rolled out across the rest of the GTR sector. Legent brings together the “best of the East and West” starting as a Kentucky Straight Bourbon with the Beam classic family recipe; […]
Dufry to increase its presence at Mexico City Airport with 3 new stores in Terminal 2
Dufry is expanding its presence in Mexico City Airport. The leading travel retailer has signed a contract with Aeropuerto Internacional de la Ciudad de México (AICM) to operate three new duty free shops covering 1,400 sq meters of space in Terminal 2 at Benito Juárez International Airport ( Mexico City International Airport). With the new […]
InterBaires/Dufry win Rosario tender
Buenos Aires-based InterBaires, a fully owned subsidiary of Dufry, has won the tender to redesign, operate and manage the duty free stores at Rosario International Airport in Argentina. Rosario Airport, situated just over 300 km north of Buenos Aires, is one of the few airports in Argentina that is not operated by Aeropuertos Argentina 2000 […]
Duty Free Dynamics and Dufry introduce Seiko Pop-up shop in Mexico City Airport
Master franchisor Duty Free Dynamics and global travel retailer Dufry set up a Seiko Pop-up Shop in Mexico City International Airport throughout the month of September. The Pop-up was located in Dufry’s high-end, luxury brands Store # 126 in Terminal 1. This joint initiative was designed to take advantage of the increasing trend of travelers’ […]
Hudson Group enters into agreement to acquire 34 Brookstone U.S. airport locations
Travel retailer Hudson Group has signed an agreement to acquire the assets of Brookstone stores in U.S. airports from Apex Digital, Inc. Hudson has also obtained the right to be the exclusive airport retailer to operate Brookstone stores through a license agreement with Bluestar Alliance, LLC, owner of the Brookstone brand and trademarks. The agreement […]
AENA extends Dufry’s duty free concession contract at 25 Spanish airports
The Board of Directors of Spanish airport operator AENA SME S.A. has extended Dufry’s current duty free contract covering 25 Spanish airports for up to an additional 5 years. The newly extended contract will be operational after the expiration of the current concession agreement, which ends on Oct. 31, 2020. The structure of the annual […]
Dufry signs new contract and expands in Brazil’s Florianópolis International Airport
Dufry has signed a new contract to expand its presence at the Florianópolis International Airport, in Brazil, which is managed by Flughafen Zürich AG. The new contract includes two duty free and one duty-paid shop totaling 650 sq meters of additional sales space in the new airport terminal, which will be opened in October 2019. […]
Dufry officially opens first border duty free shop in Brazil
Dufry officially opened its first Brazil duty free border shop on August 22. The store is located in Uruguaiana, one of the most important cities in the South of Brazil, at the border to Argentina. With a retail space of 850 sqm, the shop offers an assortment of prestige international brands similar to those seen […]
Dufry accelerates global organic growth in H1 2019 despite challenging market in South America
Despite the challenging economic situation in much of Latin America, Dufry posted steady turnover in the first half of 2019, growing 2.2% to CHF 4,180.1 million. Organic growth accelerated to +2.2% in HY 2019; with Q2 improving to +2.3%. This gain was followed by further improvements in the first weeks of July. On a like for like […]
Dufry reports positive start to year despite challenging South American market conditions
Dufry posted a positive start in 2019 with turnover in the first quarter reaching CHF 1.88bn (US$1.87bn), representing organic growth of 2.0% compared to the first three months of 2018. Gross profit margin further improved and reached 60.3%, said the company. The positive results were delivered despite the challenging environment still facing business in South America. Excluding the impact […]