Financial News

(12-Jul-2005) Trading on Aldeasa shares has resumed following a temporary suspension, as the retailer confirms it is to seek de-listing from the Spanish stock exchange

(11-Jul-2005) Shops at Macau International airport are continuing to enjoy strong growth despite recent restrictions placed on returning mainland Chinese travellers

(11-Jul-2005) The Swedish analyst's annual figures suggest that the industry recovered strongly from a tough 2003, posting a $4.5bn sales increase last year

(7-Jul-2005) UK passengers spend an average of about $48 on duty-free, with their total spend at airports reaching over $210, according to Morgan Stanley research

(1-Jul-2005) FRANCE. The first sales index of 2005 to be issued by French travel-retail body Association Française du Commerce du Voyageur (AFCOV) reveals disappointing sales figures in certain categories despite an overall increase in passenger traffic

(1-Jul-2005) US. Documents from the recent duty-free tender at Miami International airport reveal a tight contest in the non-financial process, with technical bids submitted by Duty Free Americas, Brasif and The Nuance Group placed within one percentage point of each other

(1-Jul-2005) ETHIOPIA. Retailer Ethiopian Tourist Trading Enterprise (ETTE) has recorded a 9.4% year-on-year sales increase to Birr62.8m ($7.2m) for the nine months ending in March

(1-Jul-2005) NETHERLANDS. After a year of promising growth, KLM Royal Dutch Airlines is expecting a fall in inflight retail sales in the coming financial year, director of inflight sales Koos Kruijswijk has told DFNI

(30-Jun-2005) Alpha Orient Lanka posts rapid growth in its operation in southern India, buoyed by an increase in traffic and aggressive promotions

(30-Jun-2005) A 46% year-on-year increase in retail licence revenue has helped Airport Authority Hong Kong post a 265% increase in net profit for the year ended March 31