Pernod Ricard has entered into an agreement to acquire Castle Brands for $223 million. Under the terms of the merger, Castle Brands shareholders will receive $1.27 in cash for each share of Castle Brands stock they own. Pernod Ricard will add drinks brands Jefferson’s Bourbon, Gosling’s rum, Brady’s Irish Cream, the Arran Single Malt Scotch […]
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Alfred Giraud blends cognac and whisky traditions to create luxury French Malt Whisky
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Dufry officially opens first border duty free shop in Brazil
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Little Switzerland expands with new Breitling, TAG Heuer and Patek Philippe openings as islands recover from hurricanes
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Grenada boosts its image as the Caribbean’s luxury destination with careful tourism development
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Peace Bridge Duty Free celebrates reopening after major renovation
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Colm McLoughlin honored for 50 year career milestone in the Duty Free Industry
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TFWA ASIA PACIFIC EXHIBITION & CONFERENCE REVIEW Despite roaring success of TR in Asia, Maingreaud warns channel must remain relevant
Enhancing the sparkle in Swarovski’s travel retail business
Austrian crystal house Swarovski has reconfirmed that travel retail is a strategic priority for the company and has spent the last year reorganizing and strengthening its TR team across the globe, reports Claudia Heskier Schioenning, VP Travel Retail & Global Accounts, who assumed full operative and executive responsibility for the travel retail channel in June […]
ACI World data: global passenger growth moderated in first half of 2019
Airports Council International (ACI) World reports that global passenger traffic moderated in the first half of 2019 while the air freight industry continued to experience downturn. The global passenger market grew by +3.9%, year-over-year, up from +3.1% in May. Year-to-date growth reached +3.6%, almost one percentage point below its 12-month rolling average. Total freight volumes […]
Iguazu airport begins first intercontinental flights
Argentine President Mauricio Macri on Friday, August 23, “christened” the first intercontinental flight from Puerto Iguazu International Airport, as Air Europa officially inaugurated flights from Iguazu to Madrid, Spain. This is a milestone event for the airport, which in 2018 surpassed a million passengers in one year for the first time. The airport is operated […]
ShopGallery rolls out Gate7/24 Travel Market concept to Iguazu airport
Argentine duty-paid travel retailer ShopGallery this week opened a new Gate 7/24 Travel Market convenience store in Iguazu International Airport in the north of Argentina. The 70sqm store is located adjacent to the check-in area at the growing airport which is currently in the midst of a major renovation project. This is ShopGallery’s third Gate […]
Dufry officially opens first border duty free shop in Brazil
Dufry officially opened its first Brazil duty free border shop on August 22. The store is located in Uruguaiana, one of the most important cities in the South of Brazil, at the border to Argentina. With a retail space of 850 sqm, the shop offers an assortment of prestige international brands similar to those seen […]
Travel Markets Insider Newsletter Vol. 20 No. 36
The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link. Five years after the original legislation was passed by the Brazilian Parliament, the first Brazilian border store operated by a major operator has officially opened. Global travel retailer Dufry inaugurated an 850 sqm retail shop in the border […]
Travel Markets Insider Newsletter Vol. 20 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. South American Duty Free Association ASUTIL this week revealed more details about the regional meeting it will hold to help operators and suppliers best develop the business in the new stores authorized on the […]
Brown-Forman and MONARQ Group enter into Caribbean distribution partnership
Brown-Forman and MONARQ Group have entered into a regional distribution partnership in which MONARQ will represent the Brown-Forman portfolio in 16 Caribbean markets, effective July 1. “We are enthused to welcome MONARQ to the Brown-Forman family and look forward to working closely together to continue to grow our brands in these important Caribbean markets. Given the importance of the territory we took time […]
DFI launches range of sustainable shopping bags for travel retailers
A TMI SPECIAL FEATURE ON SUSTAINABILITY In a first for travel retail, Swiss company Duty Free Innovation AG (DFI) has announced it has launched a range of eco-friendly sustainable bags for the industry. As the conversation surrounding plastic waste continues to become exponentially louder and against a backdrop of consumer activism, DFI’s officers say they are […]
Little Switzerland expands with new Breitling, TAG Heuer and Patek Philippe openings as islands recover from hurricanes
Little Switzerland, one of the most important luxury retailers in the Caribbean, is expanding its footprint in the region with several new branded boutiques for Breitling and TAG Heuer, as well as a Patek Philippe Showroom in St. Thomas. As the largest authorized retailer of luxury timepieces in the Caribbean, the company recently opened […]
Grenada boosts its image as the Caribbean’s luxury destination with careful tourism development
Mega yachts in secluded ports, 5 Diamond properties, world class boutique hotels, award winning beaches, private islands, waterfalls, rain forests filled with exotic spice trees, thriving agriculture, and unspoilt dive sites– Grenada fully delivers on its reputation as the luxury destination in the Caribbean. Home to some of the top-rated and most luxurious hotels […]
2019 Travel Markets Insider Latin America Special Edition
Click here to download the TMI 2019 Latin America magazine special edition.
Diageo Global Travel to launch third Johnnie Walker Ghost and Rare
Diageo Global Travel has announced the launch of Johnnie Walker Blue Label Ghost and Rare Glenury Royal in global travel retail beginning in October 2019. The limited edition Scotch is the third in a series of special editions crafted using irreplaceable “ghost” whiskies and other rare whiskies from the reserves used to create Johnnie Walker […]
Halewood’s new Crabbie Single Malt Whiskey brand combines history and innovation
Halewood Wines & Spirits will launch Crabbie Single Malt Scotch Whisky in global travel retail at the TFWA World Exhibition in Cannes. Crabbie, both a brand steeped in history and a new brand known for its innovation, introduced Crabbie’s Yardhead at a launch event in London last week. Established in 1801, John Crabbie & Co. […]
