×
59 578
Fashion Jobs
ESTEE LAUDER
Manager, Brand Operations Bobbi Brown
Permanent · New York
ESTEE LAUDER
Director, Global Communications, Citizenship & Sustainability - Estee Lauder
Permanent · New York
ESTEE LAUDER
Director, Global Martech Social Media Product Manager
Permanent · New York
ESTEE LAUDER
Director, Strategic Marketing Initiatives & Community
Permanent · New York
DESIGNER BRANDS (DSW, CAMUTO GROUP)
Associate Business Intelligence Analyst
Permanent · Columbus
DESIGNER BRANDS (DSW, CAMUTO GROUP)
Asset Protection Agent Full-Time
Permanent · New York
GAP INC.
Director of Enterprise Sales - Gps Apparel (Uniform And Workwear) - Remote
Permanent · San Francisco
GAP INC.
(Not Posted) Asset Protection Coordinator - Miami
Permanent · Miami
GAP INC.
Asset Protection Coordinator - Connecticut North
Permanent · West Hartford
GAP INC.
Asset Protection Coordinator - Connecticut South
Permanent · West Hartford
GAP INC.
Director of Enterprise Sales - Gps Apparel (Uniform And Workwear) - Remote
Permanent · Atlanta
GAP INC.
Director of Enterprise Sales - Gps Apparel (Uniform And Workwear) - Remote
Permanent · New York
NORDSTROM
Manager - Asset Protection - Roosevelt Field
Permanent · Garden City
NORDSTROM
General Manager- Marketplace Cafe- The Mall at Short Hills
Permanent · Millburn
NORDSTROM
Area Manager Warehouse - Logistics (Saturday-Monday 6am-6:30pm) Gainesville, fl
Permanent · Gainesville
PUMA
Junior Manager, Marketing - Ecomm (CRM/Sms)
Permanent · Somerville
MACY'S
Corporate Strategy And Business Development Senior Lead
Permanent · New York
MACY'S
sr. Manager, Strategy
Permanent · New York
MACY'S
Manager, Merchandise Execution
Permanent · Nashville
MACY'S
Manager, Operations Sun-Wed 7:00 am-5:30 pm
Permanent · Joppatowne
MACY'S
Multi-Store Lead Detective, Tacoma - Full Time
Permanent · Tacoma
MACY'S
Multi-Store Detective, Tacoma - Full Time
Permanent · Tacoma
By
Reuters API
Published
Mar 8, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Duty-free retailer Dufry expects to open 90% of sales capacity by April

By
Reuters API
Published
Mar 8, 2022

Swiss duty-free retailer Dufry expects to reopen more than 90% of its sales capacity by April as travel rebounds from the pandemic slump, it said on Tuesday, after its 2021 turnover met its worst case scenario forecast.


DR



The retailer, which operates more than 2,300 shops at airports, on cruise liners, in seaports, and other tourist locations worldwide, said it saw business pick up in the second half of the year, helped by a travel peak in its main markets - the Americas and Europe, Middle-East and Africa (EMEA) - which both account for around 45% of its sales.

"Emergence of the Omicron variant and related restricted measures re-imposed by selected governments caused some slowdown in January and February, but all regions have started to trend upwards already in line with the easing of restrictions in many countries," the group said in a statement.

At the end of March, Dufry expects to operate more than 1,970 shops globally - compared with around 1,900 at end-December - around 83% of the total number and over 90% of its sales capacity.

Dufry's 2021 turnover increased 52.9% from a year earlier to 3.92 billion Swiss francs ($4.23 billion), but fell 55.7% from the pre-pandemic level in 2019. This was roughly in line with its more conservative forecast scenario for the year.

The Basel-based company reported a cash burn of 33.4 million Swiss francs for the year, beating its more conservative forecast.

It also announced new cash flow scenarios for 2022, estimating a monthly cash burn of around 10 million Swiss francs if turnover falls by 35% from 2019, and of about 20 million if turnover slides by 40%.
 

© Thomson Reuters 2022 All rights reserved.