By  on June 10, 2008

LONDON — Autogrill, which acquired World Duty Free Europe and Aldeasa in March, as well as Alpha Group last year, is preparing for its travel-retailing business to take off with a reorganization plan.

World Duty Free and Alpha Group's U.K. retail division, which together generated sales of 565 million pounds, or $1.13 billion at average exchange, in 2007, will become a single entity headed by Mark Riches, chief executive officer of World Duty Free.

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