Heinemann sales reach €3.8bn in 2016

Gebr Heinemann executive director of purchasing & logistics Kay Spanger (second left) said Perfumes & Cosmetics is doing well as a category.Photo credit: Sandra Platzer

Despite sales declines in core markets such as Germany and Turkey, Hamburg-based duty free and travel retailer Gebr Heinemann generated a 5.6% increase in group sales (retail and distribution) to reach €3.8bn 2016. The performance was fueled by its strong Asian...

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