Dufry

Dufry AG operates as a travel retailer. The company's retail brands include general travel retail shops under the Dufry, World Duty Free, Nuance, Hellenic Duty Free, Colombian Emeralds, Duty Free Uruguay, Hudson, Duty Free Shop Argentina, and RegStaer brands; Dufry shopping stores; brand boutiques; convenience stores primarily under the Hudson brand; and specialized shops and theme stores. Its travel retail shops offer perfumes and cosmetics, food and confectionery, wines and spirits, watches and jewelry, fashion and leather, tobacco goods, souvenirs, electronics, soft drinks, packaged food, travel accessories, personal items, sunglasses, destination merchandise, and other products, as well as newspapers, magazines, and books. As of March 15, 2022, the company operated approximately 2,300 duty-free and duty-paid shops located at airports, cruise liners, seaports, railway stations, and downtown tourist areas worldwide. Dufry AG was incorporated in 1865 and is headquartered in Basel, Switzerland.

The company owns stores at airports, railway stations and ports, and operates concessions onboard airlines and cruise ships.

Milestones and History

2020: Hudson becomes a wholly owned subsidiary of Dufry and is delisted from the NYSE.

2019: Dufry acquires a 60% stake of RegStaer Vnukovo.

2018: Dufry's subsidiary Hudson Ltd. listed on the New York Stock Exchange with its first trading day on February 1, 2018

2016: Renewal of existing concession contracts. Company is included in the Swiss Leader Index, compiled of the 30 largest Swiss Corporations listed on the SIX Swiss Exchange.

2015: Acquisition of World Duty Free

2014: Acquisition of The Nuance Group

2012: Acquisition of 51% of joint venture with RegStaer Group in Russia. Acquisition of 51% of travel retail operations of Folli Follie Group in Greece

2011: Acquisitions of retail companies within Argentina, Uruguay, Ecuador, Martinique and Armenia, involve 21 duty-free shops split between ten airports

2010: Merger of Dufry Ltd. With Dufry South America Ltd.

2008: Acquisition of US based travel retailer Hudson Group with 550 shops in 69 airports and transportation terminals in the United States and Canada.

2007: Acquisition of one of the main travel retail operator in the Caribbean based in Puerto Rico with 23 shops in Puerto Rico and other Caribbean locations.

2006: Initial Public Offering of Dufry South America Ltd. in December. Trading of the shares on the Brazilian and Luxembourg stock exchanges. Acquisition of the Brazilian travel retailer Brasif and its logistic platform Eurotrade.

2005: Dufry becomes a publicly listed company – its shares being listed on SIX Swiss Exchange. Acquisition of the remaining 25% share capital from previous shareholders by a consortium led by Advent International Corporation. Change of logo / corporate design.

2004: Consortium led by Advent International Corporation acquires 75% of outstanding share capital of Dufry. Focusing of strategy on travel retail – divestment of wholesale and non-strategic activities .

2003: Name changes to Dufry.

1952: Start of duty-free retail business – opening of the first duty-free shop in continental Europe in Paris/Le Bourget.

1948: Start of duty-free wholesale business.

1865: Origin of the group.

Dufry is committed to creating exceptional shopping experiences for customers around the world, providing premium quality products and outstanding customer service.

Dufry's vision is to be the industry leader in creating a desired shopping experience, utilizing advanced technology and digital solutions to deliver an integrated suite of personalized and innovative services, enabling customers to enjoy outstanding convenience and value.

The company owns stores at airports, railway stations and ports, and operates concessions onboard airlines and cruise ships.

Milestones and History

2020: Hudson becomes a wholly owned subsidiary of Dufry and is delisted from the NYSE.

2019: Dufry acquires a 60% stake of RegStaer Vnukovo.

2018: Dufry's subsidiary Hudson Ltd. listed on the New York Stock Exchange with its first trading day on February 1, 2018

2016: Renewal of existing concession contracts. Company is included in the Swiss Leader Index, compiled of the 30 largest Swiss Corporations listed on the SIX Swiss Exchange.

2015: Acquisition of World Duty Free

2014: Acquisition of The Nuance Group

2012: Acquisition of 51% of joint venture with RegStaer Group in Russia. Acquisition of 51% of travel retail operations of Folli Follie Group in Greece

2011: Acquisitions of retail companies within Argentina, Uruguay, Ecuador, Martinique and Armenia, involve 21 duty-free shops split between ten airports

2010: Merger of Dufry Ltd. With Dufry South America Ltd.

2008: Acquisition of US based travel retailer Hudson Group with 550 shops in 69 airports and transportation terminals in the United States and Canada.

2007: Acquisition of one of the main travel retail operator in the Caribbean based in Puerto Rico with 23 shops in Puerto Rico and other Caribbean locations.

2003: Name changes to Dufry.

1952: Start of duty-free retail business – opening of the first duty-free shop in continental Europe in Paris/Le Bourget.

1948: Start of duty-free wholesale business.

1865: Origin of the group.

Dufry is committed to creating exceptional shopping experiences for customers around the world, providing premium quality products and outstanding customer service.

Dufry

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Dufry

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