Martin Moodie

A smaller than expected field of three leading travel retailers has submitted bids for the Changi liquor & tobacco concession, for which offers closed today, The Moodie Davitt Report can reveal.

Three industry heavyweights, Lotte Duty Free and The Shilla Duty Free of South Korea and Gebr Heinemann of Germany tabled proposals.

In a surprise development, long-term incumbent DFS Group did not bid.

[The Moodie Davitt Report]

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