The Group's principal activities are travel retailer with operations in 30 countries on four continents. The travel retail shops offer a wide range of products, from traditional duty-free products such as spirits and tobacco, to perfumes and cosmetics, confectionary and other foods and other luxury goods. The Group's travel retail operations consist of general travel retail outlets offering a wide range of products such as wines and spirits, tobacco, perfumes and cosmetics, confectionery and other foods, and fashion items; brand boutiques featuring products from internationally recognized brand names; and specialized shops offering a variety of different brands of a single type of product, such as electronics, jewelry or regional goods. The Group's activities are located in Europe, Africa, Eurasia, North America and Caribbean and South America.
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