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In a news-filled week, travel retail executive changes dominated the headlines. World Duty Free Group announced that its respected CEO Jose Maria Palencia would be leaving the company before the end of the year, due to a disagreement with the Board’s strategic direction. The crux of the disagreement appears to be the WDF Group’s statement that it would be “pursuing business combinations with other operators.” More details to come after the Board meets on Oct. 2. Page 1.
Estée Lauder Companies has announced three new executive positions, beginning with Nathan Moris as the new head of the company’s Travel Retail Americas division, to replace Israel Assa who was promoted to the position of Senior Vice President/General Manager Travel Retail Worldwide in July. Ayaz Furniturewalla and James Aquilina also were named to new posts. Page 2.
L’Oreal Travel Retail also announced two new executive positions last week, including naming Richard Cymberg to the worldwide position of Clients Management Director; and John Mangan as GM Travel Retail EMEA. In related news, the company also unveiled a chic new ambassador for its flagship Lancôme brand. Page 2.
In Operator News, South America-based Neutral Duty Free celebrated the opening of an expanded store in Rivera, Uruguay. With greater selling space and an expanded product offer, the store drew in three times its normal sales on the opening weekend, reports Neutral CEO Enrique Urioste. Page 1.
ASSOCIATION NEWS. The Duty Free World Council has started developing an industry data base and is requesting industry input. The Group is also exploring establishing accredited training and management standards. Page 1.
SUPPLY SIDE: New products in Cannes from Bagllerina and Travalo. FlyInStyleteams up with beacon tech company to provide more services. Institut Karité Paris signs agency agreement with Miami-based Selekt for Caribbean. Page 3.
Airport Developments. LAX: Paradies wins retail bid for Terminal 2;Southwest Airlines and LAWA break ground on $500 million Terminal 1 modernization program, with concessions to be designed by Westfield. Page 4.
Miami International ends year with new routes, carriers and service. Page 4.
EMPLOYMENT OPPORTUNITIES. NEW. Heinemann Americas has an immediate opening for a Junior Business Development Manager in the Miami office.
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; a Market 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 4 for more details.