Travel Markets Insider Newsletter Vol. 20 No. 2

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 focus this week is squarely on the impact that the Asia-Pacific region is having on the travel retail industry both globally and in the Americas. Coincidentally, our AT THE POINT OF SALE features are also originating in Asia, and not surprisingly, are hosted by DFS Group.
Looking ahead at the next 20 years, IATA forecasts that air travelers will double to 8.2 billion, with growth driven by travelers from Asia-Pacific. More specifically, China will displace the US as the world’s largest aviation market, with India, Indonesia and Thailand each climbing significantly. More details on page 1.

Adding further credence to the IATA forecast, the World Tourism Organization (UNWTO), in partnership with the Global Tourism Economy Research Centre, report that the Asia-Pacific region has been out- performing all world regions in growth in international arrivals since 2005. Page 2

THE AMERICAS
 
Miami-based inflight concessionaire Duty Free World is facing legal problems after LATAM Airlines canceled its duty free inflight program earlier this week. John Gallagher reports. Page 2.

Airport operator Floripa launches bidding for commercial area of new Florianopolis terminal, including two duty free and two duty-paid locations. Page 2.

AT THE POINT OF SALE
 
DFS Group is launching its 10th anniversary edition of Masters of Time in December, and, in honor of the milestone, plans to share it at a selection of DFS T Galleria stores around the world during 2019. Page 4
Lancôme and DFS launched a multi-sensory pop-up store experience for Advanced Génifique at T Galleria Beauty by DFS in Hong Kong. Entitled Your Journey to Radiance the pop-up is the brand’s first exclusive global partnership with DFS. The partnership will also hold further promotional events across DFS’s global network of retail stores in seven other countries in the Americas, Asia and Europe. Page 4.
SUPPLY SIDE:  THE SPIRITS OF CANNES
 
The Family gets larger: 
The Family Brands Alliance welcomed its fourth partner during a special introduction at TFWA World Exhibition in Cannes.  G’Vine, a luxury gin distilled from grapes and infused wine flowers, joined with founding members Behn DANZKA and Pallini Limoncello, and Bache-Gabrielsen, the cognac company that joined the group earlier this year. Page 3.
IWSR highlighted the importance of travel retail for the global alcohol industry during a Trends Forum at the TFWA World Exhibition in Cannes.

Pernod Ricard Global Travel Retail hosted its first ever ‘In conversation with…’ panel discussion in Cannes in a panel discussion that provided valuable perspectives and opportunities to reapply learnings from other sectors to Global Travel Retail.

Moderated by drinks consultant and presenter Neil Ridley, the panel consisted of Mohit Lal, CEO PRGTR, Tamara Lohan MBE, founder and CTO of Mr & Mrs Smith and Brian McBride, Chairman of ASOS and Wiggle. See page 5.
Beam Suntory has launched Maker’s Mark‘s first Global Travel Retail exclusive.
Page 5