Duty Free World Council to develop industry database

The new Duty Free World Council is developing a global Industry Database. It has com- missioned consultants Harry Bush and Daniel Storey to prepare the study under coordinator Kshitij “Kay” Goyal.

Bush and Storey will also dev- elop an Industry Profile and the first of a series of Economic Im- pact Studies detailing the econ- omic and social contribution of the industry to tourism, economic development, employment and the development of SMEs into international markets.

DFWC President Frank O’Con- nell says that the research is cen- tral to the core aims of the DFWC.

“As an industry we sorely lack a central database that draws on the many sources of information that exist and collates the most rel- evant data to create a clear picture of the industry’s size, scope and economic and social impact. This, and the series of Economic Impact Studies also in preparation, will be invaluable in enabling the DFWC and its member associations to put our arguments to regulatory and legislative institutions from a position of strength,” says O’Connell.

The DFWC is also exploring the potential of an industry educa- tion academy to establish training and management standards for the industry with accreditation through university partnerships. Exploratory talks are currently under way with a number of universities and a proposal will be discussed at the next meeting of the DFWC in Cannes.

Goyal, who joined DFWC recently, is also developing an Industry Library and Resource Centre housed in the DFWC office in Paris.

If you have any reports, papers, video materials and other resources to contribute, please contact Goyal at Kshitij.Goyal@ dfworldcouncil.com