Financial News

(18-Feb-2004) C$150m ($112.6m) sales are encouraging after one of the toughest years on record for Canadian tourism

(17-Feb-2004) The Greek operator reports 2003 sales up 17% despite a tough year for local tourism

(17-Feb-2004) Tourvest Duty Free's inflight duty-free business has performed well, despite the growing strength of the Rand hitting tourist levels

(12-Feb-2004) Sales at Los Angeles airports indicate a return to stability after the retailer secured a modified contract with Los Angeles World Airports last year

(11-Feb-2004) French travel-retail association has released the first results of its new AFCOV Index, describing sales at the country's Espace Voyageur locations

(11-Feb-2004) Analysts attribute the strong 2003 performance to cost reductions and a better sales mix, offsetting reduced passenger numbers

(3-Feb-2004) BAA has announced income growth of 6.4% in its UK retail business, including World Duty Free, for the nine months to the end of December

(3-Feb-2004) Dubai Duty Free enjoyed a flying start to the New Year as the retailer posted January sales of Dh146m ($39.8m), a 35% increase on the previous year.

(3-Feb-2004) A year of slow tourism has hit border operators with a 13.7% decline in sales for 2003

(24-Jan-2004) The group focuses on its core business after a very slight decline in 2003 revenue