
A group of MPs have published a letter asking Philip Hammond to reinstate duty-free sales once the UK leaves the European Union, as it would deliver a major boost to regional economies.
41 published items with the word (s) or phrase Dufry in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
A group of MPs have published a letter asking Philip Hammond to reinstate duty-free sales once the UK leaves the European Union, as it would deliver a major boost to regional economies.
Chinese conglomerate HNA Group has completed the acquisition of a 16.2 percent stake in Swiss airport retailer Dufry AG from Singaporean sovereign funds GIC and Temasek, Dufry and HNA said on Monday.
Airport retailer Dufry AG said on Monday its second-quarter organic growth surged to 8.9 percent, the highest since 2012, driven particularly by strong performance in the UK and South America.
The owners of shopping tax-refund firm Global Blue have held talks with investment banks over the past two days to choose advisers for a possible share sale next year, sources familiar with the matter told Reuters.
Dufry and luxury giant Richemont both saw their shares rising Friday morning after it emerged that Richemont has acquired a 5% stake in the global travel retail leader.
Airport retailer Dufry reported on Tuesday first-quarter organic growth of 7.2 percent, helped by growth in the United States and Latin America.
Italian luxury outerwear maker Moncler said on Tuesday sales rose 18% last year at both current and constant exchange rates, lifted by sales in China, Korea and the United States.
Italian luxury clothing company Moncler ended the year on a positive note and the company is off to a good start for 2017, its Chief Executive said on Sunday.
Asia is at the helm of global airport retail growth, pushed on by a decrease in the cost of travelling and the increase in disposable incomes of middle class families across emerging economies.
Chief Executive Remo Ruffini, who engineered the renaissance of the Italian skiwear brand, is set to reduce his stake in the company to make way for two new institutional investors.