Overview
Description
Avolta AG is a leading Swiss-based company specializing in the travel retail sector, with a particular focus on operating duty-free and specialty retail shops in transportation hubs, primarily airports. As the world’s largest duty-free shop operator, Avolta AG has a significant presence in both Europe and the Americas, generating over 80% of its total revenue from airport locations. The company’s business model revolves around catering to travelers' retail needs by offering a diverse array of products ranging from luxury goods and cosmetics to food and souvenirs. Leveraging its scale and global reach, Avolta AG employs tens of thousands of staff and serves millions of consumers annually. The company plays a vital role in the consumer services and specialty retail industries, supporting the broader travel ecosystem and shaping purchase patterns among international travelers. Known for its focus on sustainable, long-term value creation, Avolta AG continues to be a pivotal player in travel retail, helping define standards and experiences for airport shopping worldwide.
About
CEO
Mr. Luis Marin Mas Sarda
Employees
57679
Address
BrunngAesslein 12
Basel, 4010
Basel, 4010
Phone
41 61 266 44 44
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Specialty Retail
Country
Switzerland
MIC code
XSWX