Home » Latest News » BREXIT

BREXIT

DFNI Blog: MEADFA Conference

The 16th edition of the MEADFA Conference saw the leading lights of the duty-free industry come to discuss the main trends and challenges faced by the Middle East and African travel-retail industry. DFNI digital editor Liam Coleman brought you live coverage ...

Read More »

Brexit benefits and pitfalls debated at ETRC Forum

The European Travel Retail Confederation (ETRC)’s annual business forum meeting revealed both the positives and negative for the duty-free industry from the UK’s planned withdrawal from the European Union (EU). A record 120 industry-leading representatives attended the event at Brussels ...

Read More »

ETRC meets leading European retailers

Members of the European Travel Retail Confederation (ETRC) last week met in London with figures from the some of Europe’s leading duty-free retailers. In attendance at the meeting from the confederation was ETRC board member Frank O’Connell and ETRC president ...

Read More »

Post-Brexit duty-free moves a step closer

Industry lobbyist Hume Brophy has said the possibility of a return to duty-free on routes between the UK and European Union (EU) countries in 2019 is increasingly possible following a breakthrough in Brexit negotiations. Today (December 8) saw European Commission ...

Read More »

Dufry reveals strong impact of “Brexit effect” on UK performance

With this week’s European Travel Retail Confederation (ETRC) trade media briefing set to offer a further update on the progression of the lobbying programme to reinstate duty-free and tax-free sales between the UK and EU on Brexit, Dufry Group has ...

Read More »

Strong organic growth drives Dufry in first nine months

Dufry Group has reported turnover of SFr6.27bn ($6.29bn) for the first nine months of 2017, driven by a strong organic growth performance across the group. The retailer has reported gross profit margin expanded by 100 basis points to 59.4% in the period; EBITDA further ...

Read More »

Irish Duty Free Alliance to hold inaugural meeting

The Irish Duty Free Alliance (IDFA), established to ensure the reintroduction of duty-free and tax-free on routes to and from the United Kingdom once it leaves the European Union, is to hold its inaugural meeting on October 13 at Dublin ...

Read More »

The DFNI Blog – TFWA Cannes 2017

DFNI was out in force at the Tax Free World Association World Exhibition & Conference in Cannes. Here are the stories from our Deputy editor Andrew Pentol (AP) and Digital editor Liam Coleman (LC) as they met with representatives of the global ...

Read More »

Dufry confirms positive trends for H1 2017; considers US IPO

Dufry Group has reported turnover increased 5.8%, reaching SFr3.82bn ($3.94bn) in the first half of 2017, confirming the positive trends in the business, said CEO Julian Diaz. The increase in revenue was driven by organic growth, which accelerated further in ...

Read More »

Heathrow airport reports 11.8% retail revenue rise in H1 2017

London Heathrow airport has reported an 11.8% retail revenue increase to £313m ($409.9m) in the six-month period ended June 30 2017. Retail revenue amounted to £280m during the same period in 2016. According to the airport, retail revenue per passenger ...

Read More »

European tax-free sales increased 8% in June

Tax-free sales in Europe grew for a sixth consecutive month during June, increasing 8% year-on-year during the month, according to tax-refund specialist Global Blue. However, a two week earlier Ramadan festival saw growth patterns altered  across the region compared to ...

Read More »

UKTRF renews strength and focus with new branding

The UK Travel Retail Forum (UKTRF) has today unveiled its new brand identity, including a modern update of its logo, as it emphasises renewed strength and commitment to protect and promote the interests of its members. Founded in 2000, UKTRF ...

Read More »

ETRC campaign to reinstate UK-EU duty-free gathers pace

The European Travel Retail Confederation (ETRC) has reported “excellent feedback” from members of parliament as part of its comprehensive lobbying programme to reinstate duty-free and tax-free sales between the UK and EU on “Brexit”. The aim of the campaign, which ...

Read More »

m1nd-set Brexit analysis predicts strong gains for EU duty-free

New research by Swiss agency m1nd-set has revealed the duty-free industry is set for strong gains across Europe once the UK officially leaves the European Union, as Brexit discussions get underway. Based on data compiled through m1nd-set’s Business 1ntelligence Service (B1S), the short and ...

Read More »