The Hudson Group, the travel retailer and bookstore owned by parent company Dufry, released Q4 and full-year 2019 earnings as part of their 2019 annual report last week. Unlike last year’s annual report, real figures for book sales (or rather, “literature and publications”) weren’t included. However, literature and publications represented 7.8 percent of total net sales, down from 8.9 percent last year, 10 percent in 2017, and 12 percent in 2016. Working backwards from annual net sales for 2019 of $1.91 billion (an increase of $30.1 million from last year), that suggests literature and publications sales of approximately $150.1 million, […]
