NEWS ROUND-UP DFS Group ‘strong’ in Hong Kong & Macau


LVMH Moët Hennessy Louis Vuitton’s Selective Retailing Division, which includes travel retailer DFS Group, posted organic revenue growth of +6% in 2018. Excluding the impact of DFS Group’s


exit from Hong Kong International Airport in 2017, organic revenue growth surged +12%. Profit from recurring operations was up +29%.


According to the company, DFS progressed strongly thanks to particularly good performances in Hong and Macau. Recently opened Gallerias in Cambodia and Italy also enjoyed rapid growth. The closure of the loss-making Hong


Kong Airport concessions at the end of 2017 contributed to the rebound in profitability. LVMH Group revenue reached €46.8bn


($53.5bn) in 2018, an increase of +10% on the previous year. Organic revenue growth was +11% and


+12% excluding the closure of the Hong Kong Airport concessions at the end of 2017. Bernard Arnault, Chairman and CEO of


LVMH commented: “LVMH had another record year, both in terms of revenue and results. “In particular, profit from recurring


Lego and Kaboom arrive at Sydney T2


Lagardère Travel Retail has bolstered its retail presence at Sydney Airport Terminal 2 with the addition of Kaboom and Lego concept stores. Situated at the domestic terminal’s


recently upgraded Pier B, both stores are designed to anchor its toys and gifts retail offering, providing ‘childhood escapism’ for travellers of all ages. The 50sq m Lego store represents a first


for the iconic children’s brand in Pacific travel retail. It merchandises an assortment of


exclusive products and family favourites. Sitting adjacent to Lego is the


65sq m Kaboom shop, which spotlights an international range of toys, activity packs, books, educational products, apparel and speciality confectionery, plus thoughtful gifting choices for adults. Featuring a dynamic store design,


Kaboom has moved to a new location within the Pier B retail zone following its debut at Sydney T2 in 2004.


operations crossed the €10bn mark. “The desirability of our brands, the


creativity and quality of our products, the unique experience offered to our customer,


and talent and commitment of our teams are the Group’s strengths and have once again made the difference. “In an environment that remains


uncertain, we can count on the appeal of our brands and the agility of our teams to strengthen, once again in 2019, our leadership in the universe of high quality products.”


Tallink Group boosts Superdry’s presence


Tallink Group has opened a new 70sq m Superdry shop on board the recently renovated Galaxy vessel, which operates on the Stockholm-Turku route. Superdry products have been available


on Tallink Grupp’s vessels for the past seven years. But in recent years, Superdry product selection and the popularity of products among customers have increased significantly. During the Galaxy refurbishment, the


Fashion Street store has been extended by 100 metres. This made it possible to create the new Superdry shop-in-shop area. The new shop-in-shop has been


created in partnership with the brand’s representatives and is in line with Superdry’s concept from a visual identity and interior design perspective. New Superdry products will be available monthly and fashion items will be 20%


cheaper than the High Street all year round. Aimar Pärna, CEO of Tallink Duty Free


said: “Superdry’s products are very popular among our customers travelling on the Stockholm-Turku route. “As the brand’s product range has grown,


we made the decision with Superdry’s representatives that now, after Galaxy renewals, is the time to open a larger Superdry shop-in-shop area with an even wider offering.”


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