The Travel Markets Insider newsletter is attached to this letter as a PDF file. To open the PDF file, please click on this link.
The biggest news for today is the announcement that Dufry has successfully completed its acquisition of The Nuance Group, which propels the combined companies into the rank of the global leader in the travel retail industry. See details on page 4.
It was a gorgeous evening in Miami Beach last Friday night, made even more enjoyable by the final judging of the 2014 Bacardi Cruise Competition to determine this year’s Bartender of the Year. TMI was on hand as lovely Liisi Kutt from the Tallink & Silja Ferry line won the coveted title. Not only was Tallink & Silja the only ferry brand in the final lineup, it was also the only European finalist. See full story on page 1. More photos can be found on the TMI Facebook page.
In another major development in the cruise sector, Norwegian Cruise Line Holdings last week agreed to buy Prestige Cruises International, parent company of luxury cruise brands Oceania and Regent Seven Seas. Further details can be found on page 3.
In the Boardroom. Quintessential Scottish company William Grant & Sons announced that it has acquired the Drambuie Liqueur Company, owner of another quintessential Scottish brand, Drambuie, which has a history going back to 1745. Story on page 2.
At the Point of Sale. Nuance expanded its specialty retail offer in North America with the opening of a new Michael Kors boutique at Las Vegas McCarran International Airport. Page 1.
Tobacco. In a critical move against the sale of tobacco products in the United States, leading national drugstore chain CVS has stopped selling cigarettes at its more than 7,600 stores as of September 3. More details on page 3.
- More than 470 exhibiting companies have confirmed their stands for the premier event on the global duty free/ travel retail calendar – the 2014 TFWA World Exhibition taking place in Cannes, France from Oct. 26-31. Online pre-registration is closing soon. But TFWA announces that registration is now open for the 2014 Middle East & Africa Duty Free Association (MEADFA) Conference, scheduled for Nov. 24-25, at the Jumeirah Creekside Hotel in Dubai, UAE. More details on page 1.
EMPLOYMENT OPPORTUNITIES. COTY has an immediate opening in the Miami office for a Retail specialist for the South part of North America. Also, ESSENCE Corp. has an opening for an Account Executive/Promoter for the Caribbean; aMarket Support Coordinator, and an Account/Area Manager for the Caribbean; and BPI is looking for an Area Sales Manager for Central and South America, based in Miami; See page 3 for more details.