The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.
The Duty Free World Council (DFWC) has partnered with research & consulting company m1nd-set to conduct a continuous project to measure perceptions of the duty free and travel retail industry among travelers. The in-depth studies will be conducted quarterly, so that industry stakeholders will be able to track trends that impact on their business. DFWC has today released highlights of the first of these Global Shopping Monitor reports, which are presented beginning on page 1. To download a PDF of the highlights in graphic form, please click here.
Canada has released its final duty free sales figures for 2015, and land border stores turned in one of their best performances in years. Meanwhile, Canada’s airport duty free sales continue to soar. Page 1.
There are some very innovative, exciting developments taking place at the Point of Sale in Travel Retail these days. Today’s issue of TMI focuses on three.
Tea Forte, with its exquisite hand-crafted teas in patented pyramid-shaped infusers, is one of the newer concepts in travel retail. Tea Forte is enhancing the confectionery offer, and operators in North and South America who have listed the beautiful gourmet sets are so happy with customer response, most have expanded both space and locations. Special Feature on page 3.
Pop-up stores in airports are all the rage these days, and some have been particularly memorable. Beam Suntory partnered with International Shoppes at New York’s JFK Terminal 5 to stage an exciting, informative interactive, pop-up called Bourbon Legends in November. The temporary store featured interactive elements designed to educate travelers about bourbon and create an emotional connection to the brands in the Beam bourbon lineup. Full story on page 4.
In another travel retail first, Oregon craft distillery House Spirits will become the first distillery in the world to operate its own in-line brick-and-mortar tasting room at an airport when it opens the House Spirits Distillery PDX Tasting Room at Portland International Airport in October. See details on page 2.
More Supply Side. Mars ITR uses excitement and innovation at the POS; Mercedes Benz extends its fragrance lines. Pages 3 & 4.