The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.
TMI’s lead story this week features the dramatic renovation that DFA is undertaking in some of its main stores, beginning with its important store at Gate D15 at Miami International Airport‘s North Terminal. From innovative digital merchandising to rearranging key product areas, the investment is paying off in impressive sales increases, says DFA CEO Jerome Falic and VP Airports Division Terry Floyd. Page 1.
Photos of the newly remodeled store are on the TMI Facebook page, which can be seen here.
In other DFA news, the company opened its first remodeled duty free store in Israel’s Ovda International Airport last week and will be holding the grand opening of its new store in Macao on August 13.
Dufry’s first half 2013 revenues increased by 10% as new acquisitions and additional retail space come online. See detailed story on Page 2.
Miami International Airport, Dallas/Fort Worth and Houston airports will get some relief from the long lines at Customs at U.S. airports since the federal sequestration budget restrictions went into effect, as part of a pilot program to help staff more CBP agents. Page 3.
PEOPLE NEWS. Marcolin’s Marco Lares accepts a new position in the perfume sector; Godiva adds a new Travel Retail Field Manager, and Brown-Forman announces some important promotions in its Global Travel Retail division. Details on pages 1, 4.
SUPPLY SIDE. A.T. Cross will be selling its accessory division to a New York-based private equity firm, in a move that David Ferreira, Cross Head of Global Travel Retail, says will help push the brand to the next level. Page 3.
Scorpio wins top ARC award for 3rd year.