Danish retailers braced for lower margins to maintain sales

2-Sep-2003

By John RimmerDuty-free operators in Denmark are preparing for a sharp drop in margins on liquor when the government slashes duties on October 1.

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Duty-free operators in Denmark are preparing for a sharp drop in margins on liquor when the government slashes duties on October 1 (DFNI July 15). The move is designed to

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(19-Jul-2003) - DENMARK. The Danish government is to slash tax on liquor on October 1, forcing duty-free operators to rethink pricing in a crucial category for Scandinavian travel-retail.
(27-Jul-2004) - The country's travel retailers could face further losses to their liquor business if the government proposal is approved
(18-Nov-2003) - Liquor sales onboard HH Ferries have risen 85% from the peak summer period since the Danish government slashed liquor taxes on October 1
(23-Oct-2003) - Scandinavian travel retailer SAS Trading has revealed details of its newly reduced duty-free liquor prices for its Euroshop store at Norway?s Oslo Gardermoen airport.
(25-Nov-2004) - Cigarette suppliers have a ?moral obligation? to address Gulf operators' concerns over ?unfair? margins, Aer Rianta International?Middle East managing director John Sutcliffe has told DFNI