Financial News

(15-Dec-2004) UAE. Dubai Duty Free (DDF) is set to end an encouraging year for Middle East travel-retail by breaking the $500m sales barrier, managing director Colm McLoughlin told DFNI

(14-Dec-2004) But the Gestion de Explotaciones Aeroportuarias consortium refuses to raise its bid for the Spanish retailer, whose shares it values at Eu29 ($38.7) each

(10-Dec-2004) The Americas trade association hails a breakthrough in standardising duty-free allowances for returning US tourists

(8-Dec-2004) The French trade association's latest sales index reveals that sales in core categories remain sluggish, but other sectors have improved slightly

(6-Dec-2004) The authorities accept the travel-retail trade's arguments that stamps would put unnecessary added pressure on the business

(6-Dec-2004) The country's airport business shows encouraging growth in the ten months to October 2004

(2-Dec-2004) Total sales at the country's border outlets were down by 4.8% year-on-year in the ten months to October 2004

(30-Nov-2004) The airport operator is to almost treble capacity at the biggest airport in its network over the next four years

(25-Nov-2004) More news from the world of fashion

(25-Nov-2004) SPAIN. Aldeasa has posted net profits of Eu25.8m ($33.5m) for the first nine months of the year, a 20.2% increase on the same period in 2003