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TOP 10 OPERATORS 2018 1: DUFRY


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Dufry-owned Hudson Group’s MAC Lips Studio at Chicago O’Hare Airport.


in the first quarter. However, the company still posted strong organic growth of +5.5% throughout its divisions, which helped to anchor turnover of CHF4,097.1m ($4.1bn). Revenue was up 7.2% year-on-


year, with like-for-like growth contributing +3.5% to the result and new net concessions adding +2%. During the period, the travel


retail juggernaut confirmed that it had worked on adding 13,200sq m of new and expanded gross retail space across 109 shops, including operations on 12 cruise ships covering 3,500sq m over 38 stores.


It also refurbished 22,400sq m of concession space over 41 shops. In a results statement, Dufry


revealed it had secured agreements to open in new and existing locations totalling 14,100sq m in 2018/2019, with plans to revamp a further 33,000sq m this year as part of a wider 40,800sq m project pipeline. Among these contracts are


[In H1 2018] gains in Ecuador and Peru were offset by declines in Argentina, Brazil, Chile and Uruguay due to the devaluation of their respective currencies against the US dollar.


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planned shop openings at the new Jazeera terminal at Kuwait Airport, 13 outlets at Chicago Midway International Airport and the new concession at Perth Airport. Commenting on its existing


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Díaz: Dufry ‘will maximise digitalisation’ in 2018/2019


The Dufry Group will focus significant resources into introducing and extending its digital footprint in the coming year as it seeks to build on the rollout of its E-Motion platform. Unveiled in March, E-Motion aims


to facilitate a 360-degree digital and physical travel retail experience via loyalty programmes, social media, staff engagement and reserve and collect. During a conference call on Dufry’s


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a very efficient company in terms of digital’, adding: “To develop the business we need a very solid technological platform. In the first and second part of 2019 we are building the platform to maximise the digitalisation of Dufry.” Dufry was not able to disclose more


H1 results, Dufry Group CEO Julián Díaz stressed digitalisation as one of the most important elements aside like-for-like growth in driving efficiencies for the company. He said Dufry ‘is striving to become


OCTOBER 2018 Contact: janice@trbusiness.com


Left to right: Dufry CEO Julián Díaz talked to TRBusiness Deputy Editor Luke Barras- Hill during the 2017 TFWA Cannes show.


specifics on the effect the new E-Motion strategy has had on spend per pax to date when asked by TRBusiness. However, it says it has seen a 10%


increase in penetration in some locations where Click and Collect has been implemented. Díaz comments that customer


interaction with staff – an important element of E-Motion – has the potential to lift spend per pax two-fold, with digitalisation a contributing factor. Dufry’s digital strategy includes


Reserve & Collect (e-commerce), RED by Dufry (loyalty programme), social media channels and its New Generation stores (including self-checkout options).


TOP 10 OPERATORS 13


stores, Dufry said that once again Eastern Europe, Middle East, Asia and Australia topped organic growth among the divisions, rising by 22.1% to CHF546.5m. The result was buoyed by growing Chinese passenger numbers as


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