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This week’s issue of Travel Markets Insider leads off with encouraging earnings results from two leading travel retail giants, as well as the discouraging news that U.S. ultra low-cost carrier Spirit Airlines – once one of the most profitable airlines — has shut down (page 1).
On a positive note, Gebr. Heinemann reports record turnover for full year 2025 – up 10% compared to 2024. This is especially noteworthy in light of the geopolitical tensions and economic volatility, particularly in the Middle East, which nevertheless remains an “important priority” for the company. Story on page 1.
Avolta also delivered a strong performance across all KPIs in first quarter of 2026, with organic growth up +4.7% compared to the same period last year. Without the impact of the crisis in the Middle East, Avolta says that organic growth would have been 5.9%. More details on page 2.
AIRPORTS & CONCESSIONS
International Shoppes and partner Ben Crump Enterprises, which recently celebrated the takeover of the retail concessions at Hawaii’s Honolulu International Airport, has also launched their community-driven retail program at Maui’s Kahului Airport in Hawaii. Page 3.
Carnival Corp. breaks ground on new global headquarters in Miami. Page 3.
IN THE TMI SPOTLIGHT: BEAUTY
Essence Corp launches Fenty Beauty in Guyana through Glamour Beauty. Superstar Rihanna’s inclusive make-up and skincare brands continue to rollout in the Caribbean markets to overwhelmingly positive response. See details on the latest launch on page 4.
SUPPLY SIDE
Campari Group unveils new Global Travel Retail leadership structure; names Charles Roullet as GTR Managing Director. Page 4.
Duty Free Global expands into beauty through partnership with Brandepot to launch global K-Beauty venture led by industry veteran Jonathan Holland. Page 5.
Khloe Kardashian joins It’s a 10 Haircare as global brand ambassador, as the award-winning cult favorite celebrates 20 years in business. Page 5.
Charles Leclerc, 8-time winner of the Formula One for Ferrari, launches the first 16-year-old Limited Edition for Chivas Regal, premiering in MIA for the Miami Grand Prix throughout the month of May. Page 6.
Johnnie Walker unveils travel exclusive Blue Label Azure. Page 6.
