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Tag: airport

I left my heart in the Luton airport branch of Bella Italia … | Business

The Covid-19 era has been a sensitive time for the high street. To a roll of honour that includes TM Lewin, Monsoon Accessorize, Le Pain Quotidien, Warehouse, Victoria’s Secret, Cath Kidston and Laura Ashley, we must now add Café Rouge and Bella Italia, which went into administration last week. These brands won’t all vanish entirely. …

I left my heart in the Luton airport branch of Bella Italia … | BusinessRead More

WH Smith warns on profits as coronavirus empties airport shops | Business

WH Smith has become the latest company to issue a profit warning because of the coronavirus pandemic, which has led to a major drop in shoppers at its airport outlets. The books and stationery store chain flagged a “significant impact” on its shops at airports in the Asia Pacific region, which account for 5% of …

WH Smith warns on profits as coronavirus empties airport shops | BusinessRead More

APAC’s airport retail market to grow at a CAGR of 8.3 pc from 2019 to 2024, offers growth opportunities for retailers despite Coronavirus

The emergence of Asia-Pacific (APAC) as a global economic hub and popular tourist destination in the last decade along with a sharp rise in low cost air carriers has resulted in a swift growth of air travelers and investments in airport infrastructure in the region. The APAC airport retail market is estimated to grow at …

APAC’s airport retail market to grow at a CAGR of 8.3 pc from 2019 to 2024, offers growth opportunities for retailers despite CoronavirusRead More

Analyst: Coronavirus will hit airport retailers worldwide

Airport retail, which has been on a fast track, is likely to decline as a result of the spreading coronavirus.  That’s according to GlobalData Retail, which said that the prevention of travel for Chinese consumers will impact the performance of airport retail worldwide. Global airport retail had been estimated to increase 6.1% in 2020, to …

Analyst: Coronavirus will hit airport retailers worldwideRead More

Coronavirus will hit airport retail worldwide: GlobalData

Global airport retail sales are forecast to reach US$ 48.2 billion in 2020, up 6.1 percent on 2019, according to GlobalData, a leading data and analytics company. However, the escalation of the severity of coronavirus could now have a detrimental impact on airport passenger numbers – causing concern for airport operators and retailers. In response to …

Coronavirus will hit airport retail worldwide: GlobalDataRead More

Analyst: Coronavirus will hit airport retailers worldwide

Airport retail, which has been on a fast track, is likely to decline as a result of the spreading coronavirus.  That’s according to GlobalData Retail, which said that the prevention of travel for Chinese consumers will impact the performance of airport retail worldwide. Global airport retail had been estimated to increase 6.1% in 2020, to …

Analyst: Coronavirus will hit airport retailers worldwideRead More

Brentwood Associates sells airport and resort retail group to U.K. firm

Get great content like this right in your inbox. Subscribe Brentwood Associates has sold another of its retail businesses. The private equity firm said it has entered into a definitive agreement to sell airport and resort retailer The Marshall Retail Group to an affiliate of WH Smith PLC. In November 2018, Brentwood sold lifestyle retailer …

Brentwood Associates sells airport and resort retail group to U.K. firmRead More

Hudson Group acquires 34 Brookstone airport stores

Hudson Group will take over all Brookstone brand operations in U.S. airports. The travel retailer has signed an agreement to acquire assets related to the operation of Brookstone stores in U.S. airports from electronics manufacturer Apex Digital Inc. Hudson has also obtained the right to be the exclusive airport retailer to operate Brookstone stores through …

Hudson Group acquires 34 Brookstone airport storesRead More