Articles

  • 5 days ago | jingdaily.com | Kevin Rozario

    Has London property lost its luster for wealthy Chinese? Ultra-wealthy Chinese adopt a strategic wait-and-see approach to London real estate, shifting from outright purchases to luxury rentals while monitoring interest rates and currency fluctuations.

  • 5 days ago | forbes.com | Kevin Rozario

    Germany-based global travel retailer Gebr. Heinemann is opening up the Middle East/Africa and Indian markets, having seen a reshaping of its geographical revenue in 2024, which hit €4.3 billion ($4.8 billion). This was the first time in the company’s 145-year history that it crossed the €4 billion line. The only family-owned retailer among the major global players in the duty-free industry released its 2024 results on Friday morning.

  • 1 week ago | forbes.com | Kevin Rozario

    The Italian marketplace and high-end retail concept, Eataly—which now has 13 North American locations and over 50 stores worldwide—will open three units at John F. Kennedy International Airport this year, its first in a U.S. travel location.

  • 1 week ago | forbes.com | Kevin Rozario

    Aer Rianta International (ARI), the travel retail arm of Ireland’s state-owned airport operator DAA, delivered year-over-year revenue growth of 13% last year boosting its worldwide managed turnover to €1.4billion ($1.6 billion). An improved balance sheet also means global expansion is on the cards.

  • 2 weeks ago | forbes.com | Kevin Rozario

    Paris-based Lagardère Travel Retail, the second-biggest airport retailer in the world after Avolta, has offered some color to investors on its approach to the Trump administration’s paused tariffs; a potential partnership with LVMH-owned travel retailer DFS; and the China market.

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Kevin Rozario
Kevin Rozario @krozworld
30 Apr 25

The debut of a dual-gender @celineofficial store in #SouthKorean #dutyfree at @IncheonAirport is a coup for retailer #Shinsegae which is rebuilding its #luxury sales l #travelretail #luxurylifestyle @Pop_doohoon #TWS via @forbes https://t.co/c9NK9WVkVl

Kevin Rozario
Kevin Rozario @krozworld
15 Apr 25

Consistent #expansion and #investment is paying off for @HIAQatar @qatarairways and @qatardutyfree l #retailnews #retail #airports #MiddleEastern #qatar #dutyfree #travelretail #luxury via @forbes https://t.co/Aq87pjCPnq

Kevin Rozario
Kevin Rozario @krozworld
14 Apr 25

The #departmentstore group has completed a meticulous, decade-long revamp of a #bank #HQ that is part of a larger development from Shinsegae to grow international spending. l #southkorea #korea #SEOUL #retailnews #retail @forbes https://t.co/7bt7Gq9fpX