The global duty free and travel retail industry is on target to achieve projected annual sales of $64 billion by 2015, with Asia-Pacific leading the way, according to the Tax Free World Association (TFWA).
GVK managed Bali International Airport has awarded major contracts to Dufry and DFS for duty free and retail.
Abu Dhabi International Airport has unveiled a bigger and better Burberry boutique in Terminal 3 and announced plans for a new Emporio Armani outlet.
Brisbane Airport is inviting the world’s top retail operators to participate in a Request for Proposal (RFP) for a watches concession at its International Terminal.
Between them Incheon and Dubai airports clocked up close to $3.5 billion in retail and duty free sales in 2012.
The Nuance Group will enter the Russian market in 2014 after winning the duty free concession for the new terminal at St Petersburg's Pulkovo Airport.
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