Europe News

(16-Nov-2006) In this new section DFNI analyses the latest financial results for companies in the travel-retail sector. This month the spotlight is on Altadis, part owner of Spanish travel retailer Aldeasa, and French airports operator and retailer Aéroports de Paris, both of which have just released figures for the first three quarters of this year.

(16-Nov-2006) Whyte & Mackay’s new travel-retail head James Prescott has spoken of his excitement at moving to the Glaswegian drinks firm as it repositions its liquor brands upmarket

(16-Nov-2006) Catherine Stidwell has been appointed as travel-retail director at L'Occitane

(15-Nov-2006) The experienced travel-retail executive is to leave Silja Line after 25 years to join the Finnish confectionery company

(15-Nov-2006) Aldeasa’s outlet at Madrid Barajas terminal four and World Duty Free’s store in London Heathrow terminal three are among those to benefit from the supplier’s strategy

(15-Nov-2006) SWITZERLAND. Swiss airport retailers came a step closer to an estimated SFr20-23m ($16-18.4m) windfall earlier this month, when the Swiss Federal Council voted in support of changing legislation to allow the introduction of arrivals duty-free stores

(15-Nov-2006) UK. After conducting a strategic review of UK airports group BAA’s operations, new owner Grupo Ferrovial has decided to focus on the core UK market

(15-Nov-2006) EU. A new European Court of Justice ruling due on November 23 could pave the way for a boom in cut-price internet liquor and tobacco sales, with severe consequences for cross-Channel ferry companies and travel retailers

(15-Nov-2006) TURKEY. ATÜ, a partnership between Unifree and Tepe-Akfen-Ventures (TAV) is set to become a force in the bidding for worldwide airport development projects

(15-Nov-2006) SCANDINAVIA. State-owned Swedish airport authority Luftfartsverket (LFV) is to seek permission from the government to sell duty-free liquor to international arrivals passengers at Stockholm Arlanda airport (RavenFox.com, November 9)