The Moodie Davitt Report - Martin Moodie
Dufry this morning announced sweeping changes to its organisation to adapt to what it dubbed “the new business environment”. The world’s leading travel retailer said the changes would accelerate growth and support profitability during the recovery phase of the COVID-19-related economic crisis and beyond.
The new organisational structure, effective from 1 September, 2020, aims to strengthen the airport travel retail business and other channels, thus driving profitability and preparing growth acceleration...more
Here is a summary of the main changes:
- Integration of headquarters and divisions as well as grouping countries into a reduced number of seven clusters plus North America as compared to the current 23 clusters;
- Simplifying the first management level by grouping related functions;
- Introducing a new, reduced Global Executive Committee to reflect organisational changes.