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Lagardère talks AKL ahead of single operator shift trbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trbusiness.com Daily Mail and Mail on Sunday newspapers.
Lagardère Travel Retail Pacific and AWPL join forces through 50:50 JV trbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trbusiness.com Daily Mail and Mail on Sunday newspapers.
Thursday, 25 February 2021 17:56 Lagardère Travel Retail suffered a 60.4% decline in revenue on a like-for-like basis (59.7% consolidated) to â¬1,720 million/$1,960 million in 2020. The duty free segment was impacted by a lack of passenger traffic (-67% versus 2019 like-for-like), but the travel essentials sector benefitted from diversified distribution channels (-53% versus 2019 like-for-like). Announcing its full-year results today (25 February), parent Lagardère Group revealed a 38% like-for-like decline in revenue to â¬4,439m/$5,060m. Fourth quarter sales for Lagardère Travel Retail were down by 64.9% like-for-like to â¬380m, on par with the decline in the third quarter, as the Paris-headquartered travel retailer felt the continued reverberation of global air traffic losses. ....