Aldeasa faces questions on road to profit at Kuwait

Dermot Davitt

24-Nov-2005

As rival retailers cry "overbid", TRI assesses the fallout from Aldeasa's aggressive offer for Kuwait Duty Free. By Dermot Davitt

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Since the bid figures for the Kuwait International airport duty-free concession were released in September, winning operator Aldeasa has faced the ire of its international rivals. With its $17.5m a

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(15-Sep-2005) - Following its aggressive bid for the duty-free contract at Kuwait International airport, Aldeasa's determination to enter new markets has been maintained and enhanced under its new ownership
(1-Oct-2005) - Since Autogrill and Altadis joint venture Retail Airport Finance (RAF) completed its acquisition of Aldeasa earlier this year, the duty-free industry has wondered what strategy it will adopt
(18-Oct-2005) - As expected, Aldeasa and local partner That Al Salassel have sealed victory in the duty-free tender at Kuwait airport
(1-Dec-2005) - KUWAIT. Aldeasa has broken its silence over the retailer's controversial victory in the duty-free tender at Kuwait airport in September
(1-Feb-2006) - MIDDLE EAST. As Aldeasa begins its contract at Kuwait International airport, one of its main regional rivals has warned that the aggressive bid posted by the Spanish retailer has already prompted neighbouring airports to reassess their retail contracts