Barry Geoghegan & Severino Pusic team up to make new Duty Free Global a force in TR wines and spirits distribution worldwide

Duty Free Global’s 
Severino Pusic, Barry Geoghegan and 
Laura Klingeman toast the success of their new venture.

  Respected industry veterans Barry Geoghegan and Severino Pusic have joined forces to create a new specialized wines and spirits distribution company with the reach and relationships to cover the entire duty free world with a consolidated supply of premium wines and spirits.   The new company, Duty Free Global (DFG), which combines the duty […]

Burberry licenses beauty business to Coty Inc.

In a strategic shift, British fashion house Burberry has entered into a long-term licensing agreement with Coty Inc. for its Burberry Beauty luxury fragrances, cosmetics and skincare. Under the agreement, Coty will develop, manufacture and distribute the full range of Burberry Beauty products globally.   Coty will pay £130M in cash for the long-term exclusive […]

Travel Markets Insider Newsletter Vol. 18 No. 35

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link. Dufry Group consolidates its dominant position at Mexico City’s international airport by winning the duty free concession contract for Terminal 2, which had previously been held by Grupo Wisa. And further […]

Travel Markets Insider Newsletter Vol. 18 No. 33

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link. IN THE NEWS The countdown to the 2017 IAADFS Duty Free Show of the Americas in Orlando continues. Following a “tough start” to the year, Dufry ended 2016 with nearly $8 […]

Actium/Saint-Honoré partnership acquire Cartier Boutiques on St. Maarten and St. Barts

Miami-based Actium and its joint venture partner Panama-based Saint-Honoré announced that they have acquired the Cartier Boutiques on the duty-free islands of Saint Barth (Saint Barthelemy) and Sint Maarten and simultaneously signed a new long term agreement with Cartier to operate them.   “These boutiques complement our retail portfolio of exceptional luxury brands (Hermès and […]

ACI-NA: U.S. Airport Infrastructure Needs Near $100 Billion

Airports Council International – North America (ACI-NA) President and CEO Kevin M. Burke has called for immediate action to improve U.S. airport infrastructure following the release of a “D” rating for the state of America’s aviation infrastructure by the American Society of Civil Engineers (ASCE), on March 9. Burke’s call to action comes just two […]

London Supply to open Apple store in Puerto Iguazu

London Supply is unveiling a huge new draw to its destination flagship store in Puerto Iguazu, Argentina, when it opens an Apple store at the end of March. The Apple store will be located in the section that had previously featured luxury watches. London Supply expects it “to be a big novelty,” says Commercial Director […]

Travel Markets Insider Newsletter Vol. 18 No. 32

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link. IN THE NEWS US airports get a “D” rating for the state of America’s aviation infrastructure and ACI-NA President and CEO Kevin M. Burke has called for immediate action just two days […]

Travel Markets Insider Newsletter Vol. 18 No. 31

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link. There were many new airport developments in the U.S. this past week: In Orlando, Westfield opened nine new airport retail concepts and announced that it would soon begin construction on its […]

CiR tracks Chinese traveler attitudes and behavior

Alcohol attracts the most footfall, but beauty has the highest conversion rate among Chinese travelers surveyed by Counter Intelligence Retail in its largest and most comprehensive study of Chinese travelers’ attitudes to shopping in the duty free and travel retail market. Travel retail analyst, research and category expert CIR conducted online research among over 1,400 […]

LAX breaks ground on $1.6 bn Midfield Terminal

  The groundbreaking for the new $1.6 billion Midfield Satellite Concourse (MSC) at Los Angeles International Airport –marking another milestone in the modernization of LAX — took place February 27, 2017. The 750,000-square-foot Midfield Satellite Concourse will add 12 new gates, a new baggage system, and additional dining and shopping amenities.    The new MSC […]

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