Nuance’s Swedish win marks $60m SAS loss

15-Nov-2001

SWEDEN. SAS Trading stands to lose $60m after failing to win the key duty-free concessions at Sweden?s leading airports, where it has operated for 30 years. The losses amount to about one-third of the company?s total business.

Article Preview:

?SWEDEN. SAS Trading stands to lose $60m after failing to win the key duty-free concessions at Sweden?s leading airports, where it has operated for 30 years. The losses amount to........
Login To Read More | Subscribe To Read More
Your Comments On This Article

Name:
Email:
- Not displayed on website
Comments:
Please note:
Only alpha-numeric characters allowed for comments
Security Image:
Please enter image text in the security code field
Security Code:
 

Related Stories

Articles bearing the symbol  require subscription.

(15-Jan-2002) - SWEDEN. SAS Trading acting president Patric Sjøberg has told DFNI his company will continue to be a key player in Scandinavia?s travel-retail market, despite losing about $60m of business in Sweden after The Nuance Group scooped the country?s main airport duty-free concessions.
(15-Jan-2002) - SWEDEN. The Nuance Group is to create a Swedish division after winning the 15-location tender to operate retail at Luftfartsverket?s airports across Sweden. Nuance marketing and design director Richard Jones told DFNI the new business unit would help the operator retain a local flavour in its Swedish stores.
(7-Nov-2001) - SWEDEN. The Nuance Group has been named the winner of the $66m, 15-airport tender for duty-free retail in Sweden. This includes the key outlets at Stockholm Arlanda and Gothenberg, as well as a number of smaller airports.