Retail sales per passenger increase as World Duty Free hones its offer
The British Airports Authority (BAA) reported that UK airport shopping held up well over the six months to September 30, despite the poor performance of the dollar compared with the pound.
BAA's net retail income grew by 9.1 per cent to£312 million over the period. Net income per passenger increased by 1.2 per cent to£4.03.
The organisation's retail arm, World Duty Free, posted an operating profit of£13 million, which the company attributed to increasingly sophisticated category management and well-considered promotions targeted at dollar-carrying travellers.
BAA group retail director Brian Collie said: 'Despite the first-year impact of the EU enlargement and the continuing weakness of the dollar, we are well placed to deliver net retail income per passenger in line with last year.'
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