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Heinemann has enjoyed steady growth operating flexibility will assist further growthNUANCE GROUP Group has a strong presence in Asia Pacific and Europe Half of Nuance is now owned by a private equity group Joint ventures are integral to the company’s retail operations Nuance operates a wide portfolio of store fascia louis vuitton bag cheap eyewear wholesale key events Swiss arrivals store gives Nuance a boost in a critical market Nuance names Andreas Rudolf as CFO Nuance inaugurates new Z arrivals store Private equity firm PAI Partners acquires 50% stake of Nuance Appoints new CEO to Australia operations Nuance’s revenue rebounded in 2010 Hong Kong renewal is critical to Nuance’s future growth in AsiaDUBAI DUTY FREE International Airport is on the brink of major expansion Dubai Duty Free is the world’s largest airport based retailer by sales Dubai Duty Free has emerged rapidly onto the airport retailing market Sponsorship has built Dubai Duty Free’s international recognition and status Dubai Duty Free is expanding outside of retail key events Dubai Duty Free is looking to expand outside Dubai International Dubai Duty Free will open its first travel retail operations outside of Dubai International Airport Dubai Duty Free continues to achieve substantial year on year growth Dubai Duty Free posted a record H1 2011 future growth guaranteed by Dubai airport expansionAER RIANTA INTERNATIONAL Rianta International has built a major global presence from its Irish base ARI is considered to be the founder of duty free retailing DAA is state owned but not state funded ARI operates lots of stores as partnerships key events ARI takes control of DAA’s Irish operations ARI has sold its interests in the Russian airports Domodedovo and Vnukovo ARI is set to enter China ARI has undergone major management upheavals ARI takes control of DAA’s Irish retail operations ARI has achieved a major profit increase major changes lay ahead for ARISHILLA DUTY FREE Duty Free is the second largest airport retail operator in South Korea key events Shilla has expanded its luxury formats with Louis Vuitton partnership Shilla Duty Free opens Louis Vuitton’s first ever airport store Luxury brands have retaliated over Shilla’s Louis Vuitton store Shilla has been awarded a contract from a domestic South Korean airport Shilla used Korean pop culture in a marketing campaign Shilla is the fastest growing airport retailer the LVMH win was a major coup, but was handled badly LOTTE DUTY FREE Duty Free has embarked on international airport retailing Lotte Duty Free is the dominant duty free player in South Korea Lotte positions itself as a premium duty free retailer Propositions vary to reflect an individual store’s customer base Lotte operates a mix of airport and downtown locations Lotte expands its Korean airport retail operations through acquisition key events Lotte commences international expansion Lotte to expand its retail operations to Indonesia Lotte uses Korean culture as a marketing strategy Lotte has louis vuitton and handbags outperformed expectations Lotte has succeeded in growing beyond its home marketDUTY FREE SHOPPERS GROUP is a key player in South East Asian airport retailing DFS is the airport travel retail division of LVMH DFS’s main duty free retail concept takes place in non airport locations key events DFS wins new retail space DFS partners with Victoria’s Secret in Honolulu DFS wins concession in Singapore Airport DFS has pochette louis vuitton d occasion restructured its senior executive management team DFS drives growth through its non airport duty free shopping centers DFS is strong in Asia, but needs to make a bigger push in ChinaAPPENDIX reading the analyst Retail FreeView louis vuitton product images consulting Airside and landside definitions Global airport retailing growth and market size, 2008 Global airport retailing market size ($m) and year on year change (%), by region, 2008 Passenger numbers (millions) and growth rate (%), by region, 2008 Sales per passenger ($) and year on year change (%), 2008 Regional airport retailing market size ($m), by region, 2008 Passenger numbers (millions) and growth rate (%), the Middle East and louis vuitton outlet genuine nissan floor Africa, 2011e Passenger numbers (millions) and growth rate (%), North America and Latin America, 2011e Passenger numbers (millions), 2008 Sales per passenger ($), 2008 Global airport retailing market size ($m) and year on year change (%), by category, 2008 Category sales ($m), by region, 2010 Proportion of regional spend per product category (%), 2010 Global airport retailing market size ($m), by category, 2008 Regionally significant LCCs, 2011 10 largest airport retailers, 2010 LS Travel Retail company overview Geographic distribution of LS Travel Retail’s operations 2011 LS Travel Retail EMEC and Aelia’s European retail store concepts, 2011 LS Travel Retail ASPAC retail store concepts, 2011 LS Travel Retail North America retail store concepts, 2011 LS Travel Retail consolidated sales ( and $m), 2007 Autogrill company overview Aldeasa retail store concepts, 2011 World Duty Free UK main retail store concepts, 2011 Autogrill airport retail trading record ( 2007 Autogrill airport retail trading record ($), 2007 Autogrill airport retail sale ( by market, 2009 Dufry company overview Dufry global presence pre acquisition August 2011 Dufry’s European retail store concepts 2011 Dufry company trading record (CHF) 2007 Dufry company trading record ($) 200 Turnover, by region, 2009 Gebr.
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