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This week the TMI Spotlight is squarely on Latin American operators.
In news breaking early this morning, Dufry and DFASS officially announced the award of the operation of the duty free shops at Bogota’s El Dorado International Airport in Colombia. The joint venture win marks nice gains for both partners, as Dufry further consolidates its strong presence in the region and DFASS expands its operations in Colombia, a market in which it has operated for 20 years. Full story on page 1.
In Uruguay, Neutral Duty Free - operator of the largest chain of border duty free stores in the country — celebrated its 30th anniversary since opening its first store in the border town of Chuy. The festivities were hosted by Neutral CEO Enrique Urioste. See photos on pages 1 & 2.
Argentine operator London Supply raised a record US$809K at the 13th annual London Supply Trophy Charity Golf Tournament, funds that will be used to complete an Elderly House in Puerto Iguazu and begin construction on a Rehab Center in the town. Story on page 3.
AIRPORT NEWS. In the US, Miami International reports another year of record-breaking passenger numbers, despite a 30% drop in traffic from Brazil, its busiest international market. Globally, it was Dubai International that continues to WOW, as the Middle East behemoth reports it served 83.6 million passengers in 2016-extending its lead as the world’s #1 airport for international travel. Not surprisingly with numbers like these, Dubai Duty Free recorded 2016 sales topping US$1.8 billion! More details on page 3.
SUPPLY SIDE. YSL Beauté names a new super star makeup artist-Tom Pecheux – as its new Global Beauty Director. Page 4.
Remy Cointreau announces the creation of a Whiskey business unit and appoints Bruichladdich CEO Simon Coughlin to manage the operation. Remy has also launched The Time Collection for Louis XIII, a stunning series showcasing milestones in the history of the storied brand. Page 4