The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link.
TFWA has announced that brandtech expert David Jones will be the second keynote speaker at the TFWA World Conference in Cannes, joining with former UK Prime Minister Tony Blair and TFWA President Alain Maingreaud. The Association has also announced this years themed workshops. See details on page 1.
Swiss research agency m1nd-set has released its latest shopper behavior survey, which tracks significant changes in travel trends and shopping preferences among outbound Chinese travelers. See how these most recent findings may benefit Latin America. Story on page 2.
SUPPLY SIDE/ BOARDROOM
Brown-Forman Corporation‘s first quarter results of fiscal 2020 were impacted by tariffs and timing of customer orders, which significantly affected its travel retail business, where underlying net sales declined 14%. See more details on page 2.
Pernod Ricard has entered into a $223 million deal to acquire Castle Brands, whose drinks brands include Jefferson’s Bourbon, Gosling’s rum, Brady’s Irish Cream, the Arran Single Malt Scotch Whisky, and Knappogue Castle Whiskey among others. Page 4.
SUPPLYSIDE/ COUNTDOWN TO CANNES
Shiseido Travel Retail is underlining the importance of fragrance in its overall business and will be introducing two major fragrance launches in Cannes –K by Dolce&Gabbana, a new masculine fragrance from Dolce&Gabbana and a new Issey Miyake duo — L’Eau d’Issey Rose&Rose and L’Eau d’Issey pour Homme Wood&Wood. Full story on page 4.
Travel accessories company Travel Blue Group is introducing the ‘Massage Neck Pillow’ in Cannes, which it describes as its next generation of travel pillow following the success of its ‘Tranquillity Pillow. Page 4.
ALL EYES ON … MSC CRUISES
In the continuing series of reports behind the winners of the 2018 Sunglasses Vision 2020 Awards, today we present MSC Cruises, which was awarded the title of Sunglasses Retailer of the Year (Under US$2 Billion). See full story on page 3.
