Dufry reports strong 2017 results from high growth in Asia

| March 20, 2018

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Swiss travel retail operator Dufry says its sales in its Asia-Australia-Middle East division rose 5.4 per cent last year with most markets contributing to the improvement. Turnover was CHF809.1 million (US$849 million) last year, up from CHF770.7 million the previous year. The company said both its Hong Kong and Macau businesses recorded a comeback, with double-digit growth in the second half of the year. Sales grew in South Korea, despite reduced visitor numbers from Mainland China. “Other operations including Cambodia and Bali also performed well, while Melbourne recovered in the second semester, after the implementation of the New Generation Store and the comprehensive refurbishment undergone in the first half year,” the company said.

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Total Wine & More is America‘s Wine Superstore the country‘s largest independent retailer of fine wine. We started in 1991 when brothers David and Robert Trone opened two wine stores in Delaware. We currently operate over 190 superstores across 23 states and are growing rapidly.

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