Avolta, traded on the OTCMKTS under the symbol DUFRY, is a global travel retailer specializing in duty-free and duty-paid merchandise. The company operates a network of retail outlets in airports, seaports, border crossings, railway stations and downtown tourist locations. Its offerings span a broad array of categories including fragrances and cosmetics, confectionery and gourmet foods, spirits and tobacco, luxury accessories, fashion, electronics and souvenirs.
In addition to traditional airport duty-free shops, Avolta provides end-to-end retail solutions such as store design, supply chain management and marketing services for travel hubs. The company also delivers onboard retail experiences on cruise ships, handling everything from merchandise procurement to staffing. Through strategic partnerships and concession agreements, Avolta integrates local and international brands, tailoring assortments to regional traveler preferences.
Headquartered in Basel, Switzerland, Avolta maintains a presence in over 60 countries across the Americas, Europe, the Middle East, Africa and Asia-Pacific. The company’s global footprint encompasses more than 2,200 stores and concessions, serving millions of travelers each year. Key markets include North America, Latin America and Europe, with growing operations in Asia and the Middle East. Avolta leverages its scale to negotiate favorable terms with suppliers while adapting to evolving airport and travel retail trends.
Tracing its roots to a family-owned Swiss duty-free business in the 19th century, Avolta has expanded through landmark acquisitions and organic growth. The company went public on the SIX Swiss Exchange in 2006 and has since completed a series of bolt-on deals to strengthen its market leadership. Today, Avolta is led by an executive team based in Basel, supported by a seasoned board of directors and senior managers with extensive experience in retail, travel and consumer goods.
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