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Pandora A/S (often styled PANDORA) is a Danish jewelry manufacturer and retailer founded in 1982 by Per Enevoldsen. [8] The company started as a family-run jewelry shop in Copenhagen . Pandora is known for its customizable charm bracelets , designer rings, earrings, necklaces and (now discontinued) watches.
Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.
In the 1960s and 1970s DFS Group significantly expanded their operation in Pacific Islands and North America. DFS capitalized on the rising wave of Asian tourists who began to travel further overseas, opening stores in international airports and later in downtown locations where travelers have their purchases delivered before departure. [8]
The company holds the exclusive right to the retail sale of duty-free goods in Greece. Duty Free Philippines – founded in 1987, it is a government-owned company that sells taxed and duty-free goods. They operate several shops in the Philippines' major airports, and have a dedicated shopping mall located nearby the country's main airport in ...
On 6 June 2013, the Shareholders of Autogrill approved the project of proportional partial demerger whereby Autogrill S.p.A. transferred the Travel Retail and Duty Free business to its wholly owned subsidiary World Duty Free S.p.A. (parent company of World Duty Free Group), the beneficiary, by assigning to the latter the entire shareholding in the Group's Travel Retail and Duty Free business.
The global jewelry market size was valued at USD 353.26 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2030. [ 87 ] According to a 2007 KPMG study, [ 88 ] the largest jewellery market is the United States with a market share of 31%, Japan , India , China , and the Middle East each with 8–9 ...
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