<br />
2024<br />
Established 1998<br />
PRINTED LOCALLY<br />
REDEFINING<br />
AIRPORT RETAIL<br />
MAKING EVERY JOURNEY<br />
EXTRAORDINARY<br />
48M+<br />
PASSENGERS/<br />
YEAR<br />
$<br />
+22%<br />
SALES TURN-OVER<br />
YEAR-ON-YEAR VS 2023<br />
$<br />
+82%<br />
SALES TURN-OVER<br />
YEAR-ON-YEAR VS 2019-20<br />
*This data is measured from the QR Group<br />
Financial Year period: April 2023 to March 2024<br />
<br />
Contents<br />
2024<br />
TRBusiness Top 10 International Operators 2024<br />
2024<br />
Established 1998<br />
PRINTED LOCALLY<br />
Introduction........................... 7<br />
Established 1998<br />
4 Lotte<br />
Duty Free.............. 29<br />
PRINTED LOCALLY<br />
1 China Duty Free Group........ 9<br />
2 Avolta............................... 15<br />
3 Lagardère TR................. 23<br />
OCTOBER 2024<br />
5 DFS Group....................... 35<br />
6 The Shilla Duty Free...... 40<br<a title="TRBusiness Top 10 Operators 2024 page 1" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=1"> 2024 Established 1998 PRINTED LOCALLY</a>
<a title="TRBusiness Top 10 Operators 2024 page 2" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=2"> REDEFINING AIRPORT RETAIL MAKING EVERY JOURNEY EX</a>
<a title="TRBusiness Top 10 Operators 2024 page 3" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=3"> 48M+ PASSENGERS/ YEAR $ +22% SALES TU</a>
<a title="TRBusiness Top 10 Operators 2024 page 4" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=4"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 5" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=5"> Contents 2024 TRBusiness Top 10 International Ope</a>
<a title="TRBusiness Top 10 Operators 2024 page 6" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=6"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 7" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=7"> Top 10 a shade over $44bn as travel surges back i</a>
<a title="TRBusiness Top 10 Operators 2024 page 8" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=8"> www.dutyfreeglobal.com We look forward to</a>
<a title="TRBusiness Top 10 Operators 2024 page 9" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=9"> TOP 10 OPERATORS: 1 CHINA DUTY FREE GROUP 1 CDFG </a>
<a title="TRBusiness Top 10 Operators 2024 page 10" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=10"> Above: debuts and cdf exclusive Qeelin fi</a>
<a title="TRBusiness Top 10 Operators 2024 page 11" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=11"> TOP 10 OPERATORS: 1 CHINA DUTY FREE GROUP The nu</a>
<a title="TRBusiness Top 10 Operators 2024 page 12" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=12"> Above: opportunities. Speaking at Bulgar</a>
<a title="TRBusiness Top 10 Operators 2024 page 13" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=13"> UNCOVER MORE FUN with COME DISCOVER</a>
<a title="TRBusiness Top 10 Operators 2024 page 14" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=14"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 15" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=15"> 2 Avolta keeps a careful eye on concessions </a>
<a title="TRBusiness Top 10 Operators 2024 page 16" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=16"> of 2024, Avolta posted core turnover of CHF 6,342</a>
<a title="TRBusiness Top 10 Operators 2024 page 17" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=17"> [visit TRBusiness.com for the full regional break</a>
<a title="TRBusiness Top 10 Operators 2024 page 18" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=18"> Above: promotion,” said Rossinyol, Healt</a>
<a title="TRBusiness Top 10 Operators 2024 page 19" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=19"> The LEGO® Botanical Collection Keep it Fr</a>
<a title="TRBusiness Top 10 Operators 2024 page 20" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=20"> HEATED TOBACCO Next level tobacco experi</a>
<a title="TRBusiness Top 10 Operators 2024 page 21" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=21"> been slightly lower at 3.5% compared to its mediu</a>
<a title="TRBusiness Top 10 Operators 2024 page 22" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=22"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 23" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=23"> TOP 10 OPERATORS: 3 LAGARDÈRE TRAVEL RETAIL 3 Din</a>
<a title="TRBusiness Top 10 Operators 2024 page 24" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=24"> in the new Abu Dhabi International Airport Termin</a>
<a title="TRBusiness Top 10 Operators 2024 page 25" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=25"> TOP 10 OPERATORS: 3 LAGARDÈRE TRAVEL RETAIL Fash</a>
<a title="TRBusiness Top 10 Operators 2024 page 26" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=26"> Above: “Since our joint Scent unit </a>
<a title="TRBusiness Top 10 Operators 2024 page 27" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=27"> V O O Y Y R U T S A YF A U F R I T E</a>
<a title="TRBusiness Top 10 Operators 2024 page 28" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=28"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 29" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=29"> TOP 10 OPERATORS: 4 LOTTE DUTY FREE 4 Inefficient</a>
<a title="TRBusiness Top 10 Operators 2024 page 30" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=30"> Korea Customs Service (KCS) reinstating quantity </a>
<a title="TRBusiness Top 10 Operators 2024 page 31" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=31"> TOP 10 OPERATORS: 4 LOTTE DUTY FREE shopper cont</a>
<a title="TRBusiness Top 10 Operators 2024 page 32" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=32"> Above: its overseas duty free sales The </a>
<a title="TRBusiness Top 10 Operators 2024 page 33" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=33"> Disc i over the best ingred ents </a>
<a title="TRBusiness Top 10 Operators 2024 page 34" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=34"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 35" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=35"> 5 DFS invests for the long-term while bat</a>
<a title="TRBusiness Top 10 Operators 2024 page 36" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=36"> Above: DFS has been operating Christophe</a>
<a title="TRBusiness Top 10 Operators 2024 page 37" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=37"> Group (also in Sanya) in the process, that would </a>
<a title="TRBusiness Top 10 Operators 2024 page 38" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=38"> Above: first time in over 20 years DFS Wa</a>
<a title="TRBusiness Top 10 Operators 2024 page 39" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=39"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 40" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=40"> With external factors piling on the pressure, the</a>
<a title="TRBusiness Top 10 Operators 2024 page 41" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=41"> TOP 10 OPERATORS: 6 THE SHILLA DUTY FREE retail </a>
<a title="TRBusiness Top 10 Operators 2024 page 42" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=42"> Shilla launched its 316sq m liquor flagship store </a>
<a title="TRBusiness Top 10 Operators 2024 page 43" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=43"> TOP 10 OPERATORS: 7 GEBR. HEINEMANN 7 Gebr. Heine</a>
<a title="TRBusiness Top 10 Operators 2024 page 44" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=44"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 45" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=45"> TOP 10 OPERATORS: 7 GEBR. HEINEMANN JR/Duty Free</a>
<a title="TRBusiness Top 10 Operators 2024 page 46" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=46"> the banner of a wider push by the business to div</a>
<a title="TRBusiness Top 10 Operators 2024 page 47" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=47"> TOP 10 OPERATORS: 7 GEBR. HEINEMANN decided duri</a>
<a title="TRBusiness Top 10 Operators 2024 page 48" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=48"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 49" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=49"> TOP 10 OPERATORS: 8 DUTY FREE AMERICAS 8 DFA inve</a>
<a title="TRBusiness Top 10 Operators 2024 page 50" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=50"> Above: Republic, Haiti, Panama, El Luve </a>
<a title="TRBusiness Top 10 Operators 2024 page 51" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=51"> TOP 10 OPERATORS: 8 DUTY FREE AMERICAS season at</a>
<a title="TRBusiness Top 10 Operators 2024 page 52" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=52"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 53" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=53"> TOP 10 OPERATORS: 8 DUTY FREE AMERICAS been a va</a>
<a title="TRBusiness Top 10 Operators 2024 page 54" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=54"> WORTH FLYING FOR Over 40,000 sq. metres of specta</a>
<a title="TRBusiness Top 10 Operators 2024 page 55" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=55"> TOP 10 OPERATORS: 9 KING POWER INTERNATIONAL 9 Ki</a>
<a title="TRBusiness Top 10 Operators 2024 page 56" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=56"> closures will cost the airport operator approxima</a>
<a title="TRBusiness Top 10 Operators 2024 page 57" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=57"> TOP 10 OPERATORS: 9 KING POWER INTERNATIONAL a c</a>
<a title="TRBusiness Top 10 Operators 2024 page 58" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=58"> Unveiled last year, `The Power of Possibilities' </a>
<a title="TRBusiness Top 10 Operators 2024 page 59" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=59"> THE GLOBAL TRAVEL RETAIL</a>
<a title="TRBusiness Top 10 Operators 2024 page 60" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=60"> A Above: er Rianta </a>
<a title="TRBusiness Top 10 Operators 2024 page 61" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=61"> adversely affected. It's something we continue to </a>
<a title="TRBusiness Top 10 Operators 2024 page 62" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=62"> WWW.COEUR.DE</a>
<a title="TRBusiness Top 10 Operators 2024 page 63" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=63"> and has underpinned our commitment to growing wit</a>
<a title="TRBusiness Top 10 Operators 2024 page 64" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=64"> footprint in Montenegro with the opening of a new</a>
<a title="TRBusiness Top 10 Operators 2024 page 65" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=65"> SIF JAKOBS JEWELLERY sifjakobs.com</a>
<a title="TRBusiness Top 10 Operators 2024 page 66" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=66"> I Above: n January this year, Dub</a>
<a title="TRBusiness Top 10 Operators 2024 page 67" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=67"> into an historic 40-year journey to success for t</a>
<a title="TRBusiness Top 10 Operators 2024 page 68" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=68"> in July year-on-year – and were down by around -2</a>
<a title="TRBusiness Top 10 Operators 2024 page 69" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=69"> liquor & tobacco shops at Concourse B's East and </a>
<a title="TRBusiness Top 10 Operators 2024 page 70" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=70"> Q Above: atar Duty Free H</a>
<a title="TRBusiness Top 10 Operators 2024 page 71" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=71"> the end of the day, we exist to cater to our pass</a>
<a title="TRBusiness Top 10 Operators 2024 page 72" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=72"> </a>
<a title="TRBusiness Top 10 Operators 2024 page 73" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=73"> goal to sustain double- digit growth for the fore</a>
<a title="TRBusiness Top 10 Operators 2024 page 74" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=74"> Above: these categories, in the past TRB</a>
<a title="TRBusiness Top 10 Operators 2024 page 75" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=75"> REGISTER YOUR INTEREST FOR 2025 www.trconsumerfor</a>
<a title="TRBusiness Top 10 Operators 2024 page 76" href="https://secure.viewer.zmags.com/publication/1f6ea2e8?page=76"> </a>