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Avolta
Avolta AG (until November 2023: Dufry AG) is a Swiss-based travel retailer which operates duty-free and duty-paid shops and convenience stores in airports, cruise lines, seaports, railway stations and central tourist areas. The company, headquartered in Basel, employs almost 75,000 people and operates in over 75 countries worldwide. It is publicly traded on the SIX Swiss Exchange. Retail brands The company's retail brands are: *Hudson *HMSHost * World Duty Free *Autogrill * * Hellenic Duty Free Shops * Reg Staer * Colombian Emeralds * Duty Free Uruguay * Duty Free Shop Argentina In addition, Dufry is also used as a brand name for some general travel retail shops. History The company owns stores at airports, railway stations and ports, and operates concessions onboard airlines and cruise ships. By August 2017, the Chinese HNA Group, which declared bankruptcy in 2021, had acquired a 20.92% stake in Avolta, worth more than $1 billion. According to the Dutch OSINT platform Datenn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hudson Group
Hudson, one of the largest travel retailers in North America, is a wholly owned subsidiary of international travel retailer Avolta AG, formerly Dufry AG, of Basel, Switzerland. Based in East Rutherford, New Jersey, United States, the company operates more than 970 Hudson, Hudson News, Hudson Booksellers, cafes, specialty retail and duty-free shops in 87 airports and transportation terminals in the United States and Canada. The company's holdings include Hudson News, the world's largest operator of airport newsstands. History In 1918, Isaac Cohen founded Hudson County News in Bayonne, New Jersey. In 1947, under the leadership of Robert B. Cohen, Hudson County News began delivering magazines in Hudson County, New Jersey. In the 1980s, Cohen took over a bankrupt newsstand operator the company was supplying at Newark Liberty International Airport. In 1987, he set up the first branded Hudson News store in LaGuardia Airport. This led to the acquisition of other stores in airports ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hellenic Duty Free Shops
Hellenic Duty Free Shops SA, founded in 1979, is a Greek company in the travel retail industry. The company holds the exclusive right to the retail sale of Duty-free trade, duty-free goods in Greece. It has a network in Greece, composed of 97 shops at 45 points (22 airports, 11 border checkpoints, and 12 ports). History 1900s The company was founded in 1979 to provide duty-free, duty-free goods to travelers leaving through Greek border checkpoints. Two shops were launched, one at the Eastern, and one at the Western Airport in Athens, Greece. In 1998 "Hellenic Duty Free Shops" was listed on the Athens Stock Exchange. The abolition of the sale of duty-free goods to passengers travelling within Europe in 1999 was a crucial point for the future of duty-free shopping. By adopting single Discounts and allowances, discount prices (travel value policy) in all product categories (with the exception of tobacco and alcohol), the company maintained its special prices by absorbing, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
