The third tranche of the Brazil’s airport privatization program was completed in March this year and 10 of the most important airports in the country are now managed by private companies. With this latest round of privatizations, 59% of total passenger traffic in Brazil is now being handled by private companies. In a special analysis for […]
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International Shoppes opens luxury boutiques in BOS Terminal E
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Quieter IAADFS Duty Free Show delivers surprisingly strong results
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Duty Free Partners opens MAC boutique in San Diego airport
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Barry Geoghegan & Severino Pusic team up to make new Duty Free Global a force in TR wines and spirits distribution worldwide
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Queenston-Lewiston Canadian border store caters to “Starbucks” customer with new opening
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Canadian tourism arrivals hit 14-year high in 2016
Edrington purchases WEBB’s interest in Travel Retail joint venture formed in 2015
Saying that it is “now ready to fully integrate” its travel retail business in the Americas “within its global travel retail structure,” spirits company Edrington will assume full ownership of its joint venture with WEBB, Edrington Webb Travel Retail Americas (EWTRA). Edrington and World Equity Brand Builders (WEBB) have agreed to terms that will […]
Travel Markets Insider Newsletter Vol. 18 No. 40
The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link. Travel retail powerhouse Dufry continues to expand in the Americas, this week announcing a seven-year extension to its contract in partnership with Hudson Group at Las Vegas’ McCarran International Airport, and unveiling a major new duty […]
International Shoppes opens luxury boutiques in BOS Terminal E
International Shoppes significantly upped the ante on airport elegance last week, when it opened boutiques for five top luxury brands at Boston Logan International Airport Terminal E. The new shops are part of a major renovation and expansion in the terminal. The new boutiques, Dior (277 sqf), Lancôme (279 sqf), Chanel (300 sqf), […]
Travel Markets Insider Newsletter Vol. 18 No. 39
The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link. It looks like luxury goods houses still have faith in the travel retail channel, as media such as the Business of Fashion announced this morning that Richemont Group-perhaps following in the steps of LVMH […]
Brazil: will new Temer scandal derail fledging recovery?
On the morning of May 17, just as Brazil was set to celebrate the news that it might finally be climbing out of its worst recession in its history, the country got slammed with a bombshell allegation that President Michel Temer was involved with a coverup and had condoned bribery payments made to a former […]
Delta-Aeromexico begin joint cooperation agreement
Grupo Aeroméxico, S.A.B. de C.V. and Delta Air Lines began their joint cooperation agreement (JCA) to operate transborder flights between the United States and Mexico on May 8. Delta and Aeromexico met the requirements set out by the U.S. Department of Transportation (DOT) and Mexico’s Federal Economic Competition Commission (COFECE) in order to commence the […]
“Ethereal” Elle Fanning becomes latest face of L’Oréal Paris
L’Oréal Paris has announced that 19-year-old U.S. actress Elle Fanning been named the latest spokesperson of the global brand, where she joins such stars as Naomi Watts, Susan Sarandon, Blake Lively and Eva Longoria. In her first role as ambassador to the brand, Elle Fanning will join the L’Oréal Paris family of actresses at […]
Bottega scoops DFA listing for its iconic Bottega Gold Prosecco
Bottega SpA has strengthened its presence in North America duty free by listing its iconic Bottega Gold sparkling Prosecco with Duty Free Americas. Sandro Bottega, owner and managing director of Bottega, comments: “I am very pleased to see that our business in North America continues to grow at a fast pace. In Canada, our […]
Dufry’s Gea to speak at ASUTIL conference as registration nears 300
Asutil confirms additional speaker and registration numbers Registrations for the 21st annual ASUTIL Conference to be held in Rio de Janeiro from June 6 – 9 are proceeding at a good pace and are slightly ahead of the organization’s original budget, Jose Luis Donagaray, Secretary General of the Latin American Duty Free Shops Association tells Travel Markets Insider. […]
Tocumen tender announced
Tocumen SA, the airport management company at Panama’s leading international gateway is set to confirm details of the duty free tender for the airport’s North Terminal. After 2 years of planning with London based Pragma Consulting, Carlos Duboy, the recently appointed airport general manager has published the initial tender details and is expected early next […]
Dufry’s organic growth accelerates to 7.2% in 1Q 2017
Leading travel retail company Dufry reports that turnover grew by 4.7% reaching CHF 1,706.8 million in the first quarter of 2017 from CHF 1,630.2 million one year earlier. As a result of stable growth in most locations and improved performance in specific businesses positively impacted by Brazilian and Russian travelers, organic growth continued to accelerate […]
Travel Markets Insider Newsletter Vol. 18 No. 38
The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link. Travel Retail and tourism in the region are showing signs of recovery. Dufry Group released its first quarter 2017 earnings results, showing organic growth at a very healthy 7.2% increase. Dufry […]
Carnival signs deal to develop major cruise port on Grand Bahama Island
Officials from Carnival Cruise Line and the government of the Bahamas signed an agreement on May 3, 2017, for the construction of a major new cruise port facility on Grand Bahama Island. The $100 million project is expected to be completed in two years, once the necessary agreements are in place. The project includes a […]
TFWA president Erik Juul-Mortensen honored at the Singapore Tourism Awards
Erik Juul-Mortensen has been named Best Business Event Champion at this year’s Singapore Tour-ism Awards, organized by the Singapore Tourism Board. The Best Business Event Champion award celebrates individuals from a trade or professional association whose contributions have had a significant impact on the development of the business events industry in Singapore. Juul-Mortensen was honored […]
