The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.
Today’s issue is all about the Point of Sale.
Chicago O’Hare International Airport marked the completion of a $26 million transformation of its new International Terminal 5 (T5) with a gala unveiling attended by government and airport officials on April 4. Under developer Westfield, in partnership with the City of Chicago and Chicago Department of Aviation, the T5 redevelopment features the first walk-through duty free store in North America, operated by Dufry, 24 new luxury retail and dining destinations – including 11 local Chicago brands – a redesigned TSA checkpoint, and cutting-edge design. Story on page 1.
Meanwhile, at Las Vegas McCarran International Airport, William Grant & Sons partnered with the Nuance Group to kick off the global launch of the full range of the travel retail exclusive Glenfiddich Cask Collection. TMI‘s Michael Pasternak was on hand to record the event. Page 1.
Also in Las Vegas – a travel retail destination in itself – Zippo announces that it is opening its first US-based retail stores at two of the most iconic hotels on the Vegas strip. The stores will carry the full range of Zippo lighter products, apparel, fragrances and leather goods, and follow on the success of 14 Zippo stores now open in China. See full story on page 3.
PEOPLE NEWS. Diageo’s Jess Peña, long a familiar figure in travel retail in the region, has joined distribution company Glazer’s to head up its Caribbean operations. See page 4.
SUPPLY SIDE NEWS. LVMH reports strong first quarter revenues based on excellent results from Louis Vuitton and Specialty Retail brands DFS and Sephora, even as spirits sales fall due to destocking in China. Page 4.
Maui Jim launches a fully-integrated multi-million dollar global marketing campaign to focusing on the unique advantages of how its premium polarized lenses “let you see the world.” Page 3.