MOODIES REPORT

BY KEITH NUTHALLALTHOUGH air traveller numbers fell last year, with the civil aviation industry still reeling from September 11, the global travel retail market for perfumery and cosmetics grew by 7.2 per cent last year, the strongest performer of all duty-free shop goods. Figures released by market analysts the Moodie Report showed that the overall retail travel market grew by 5.3 per cent to US$20 billion in 2002. This took it back to the 2000 level, from which it had fallen the previous year. The report says that a quarter of all duty free shop sales by value ...


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