Duty-free shop
Retail
Perfume and cosmetics sales take off at Delhi Duty Free
Perfume and cosmetics (P&C) have emerged as one of the largest selling categories at the duty-free shops of the newly built international airport at Delhi, in some cases even surpassing liquor sales. Talking to indiaretailing.com, Delhi Duty Free...
Retail
ITDC in talks with retailers for jointly running duty-free shops
The India Tourism Development Corporation (ITDC), which runs hotels like the Ashok and Samrat, is in discussions with home-grown retail chains, as well as global retailers to form a 50:50 joint venture to run duty-free shops at international airports...
Retail
Shahnaz Husain ties up with TESCO, to enter Israel, Saudi Arabia too
In an attempt to boost its international presence, Shahnaz Husain has tied up with Tesco, UK leading retailer. As a part of the alliance, Tesco will sell Shahnaz Herbal products across all its stores, said a company spokesperson.
Meanwhile, the...
Retail
“Pantaloon-Alpha JV still operative”
Acting promptly, Pantaloon Retail (India), part of the country’s retail pioneer Future Group, with reference to a news item appearing in a leading financial daily titled "Future calls off JV with Alpha Airports", has clarified that the JV is...
Retail
AAI extends deadlines for duty-free retail contracts
The Airports Authority of India (AAI) has extended the deadline for submitting tenders for three-year duty-free retail contracts at high passenger traffic airports including Thiruvananthapuram, Jaipur, Lucknow, Srinagar and Coimbatore.
According to the AAI, the deadline for tender submissions has...
Retail
Chinese airports reduce retail prices
With more than 70 per cent of Chinese airports losing money, the authorities have decided to slash retail prices at airports of cosmetics, clothes and food.
“We have lost an opportunity worth billions of yuan,” said the director of the...
Retail
Fight for Duty-free shops at Mumbai Intl Airport intensifies
The fight for Mumbai International Airport’s duty-free shop is about to enter the second round. The tenders for the duty-free shops are about to close. Sources in the know have confirmed that there are only five contenders in the...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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