DUTY-FREE REPORT
June 1st, 2003
BY KEITH NUTHALLDUTY-FREE sales of wines and spirits remained robust in 2002, despite some catastrophic hits being taken by the world's travel industry, still reeling from the effects of September 11. Figures released by market analysts the Moodie Report show that in 2002, duty-free sales of wines and spirits advanced by 4.4 per cent, reaching more than US$3.8 billion. Moodie says that European sales performed particularly well (up 9.6 per cent to US$1.6 billion), impressive considering the significant negative effect of the abolition of intra-EU duty free sales ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.