Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Dufry consolidates its position in the Mexican market

Dufry - a leading global travel retailer - is acquiring the duty free assets and contracts of Latinoamericana Duty Free (LDF), including duty-free stores in the airports of Mexico City, Acapulco, Guadalajara, Leon, Monterrey, Los Cabos, Ixtapa and Puerto Vallarta. LDF offers a full assortment of duty free products ranging from tobacco and spirits to perfumes, cosmetics and confectionary.

The transaction will add 24 shops with more than 3’700 sqm of retail space and around 200 employees to Dufry that will almost double its turnover in Mexico.

Dufry Boulevard in Mexico City, Mexico

Dufry Boulevard in Mexico City, Mexico

The combination of LDF’s duty free business with Dufry’s existing local operations will allow implementing substantial synergies across all functions in Mexico,” the company said in a release.

In locations where both Dufry and LDF have duty free operations, Dufry will furthermore re-organize the retail surface to capture the additional sales potential, e.g. by introducing the Hudson concept also in Mexico, and will use the opportunity to renegotiate its concession fees as a new larger entity.

See online : www.dufry.ch
© 2009 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
MakeUp in newYork hosted more than 3800 visitors, with a growth of 12% of international guests.

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, Canada, (...)

read more
job opportunities
Experts’ views
Victoria's Secret or the failure of a conservative positioning?

Laurence Bacilieri
Victoria’s Secret or the failure of a conservative positioning?

When the Victoria’s Secret show was cancelled it didn’t come as a surprise. In May, it was reported by The New York Times that the show would no longer be broadcast on network television. “We must evolve and change to grow. With that in mind, we have decided to re-think the traditional Victoria’s Secret Fashion Show". From 2001 to 2018, (...)

read more

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close