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Díaz praises Dufry Group's resilience as turnover slides 71% in full year 2020


Dufry turnover slid by 71.1% in 2020 to CHF2,561.1 million.
Dufry Group’s sales capacity expects to reach 65% – around 60% of its shop footprint ­– by the end of the first quarter, the global travel retailer announced today (9 March).
The Basel-headquartered company continues to open its retail units progressively after suffering ‘single-location productivity scenarios’ amid continued travel restrictions across the globe.
Of its circa 2,300 shops, approximately 1,300 were open (
representing roughly 60% of sales capacity) as of February.
Recently re-opened locations include in the US in Denver, Atlanta, Miami and Tampa; in the UK; Greece; Spain; Morocco; Chile; Colombia; and in Puerto Rico. Current retail pipeline opportunities stood at around 31,500sq m, correct as of the end of February. ....

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