Strong New Zealand dollar limits Regency growth

15-Dec-2004

NEW ZEALAND. Strong sales through airport stores and its website have helped Regency Duty Free, part of The Nuance Group, deliver double-digit growth in 2004 compared with 2003

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But weaker off-airport sales and the strength of the New Zealand dollar have combined to curb an even better performance, according to The Nuance Group New Zealand director Kelvin Ricketts.

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