Swiss herbal confectionery specialist Ricola reports its best year on record, with full-year sales for 2022 expected to exceed those of 2019 – the company’s previous best performance – by an impressive 50%.
“2022 has been the best year in history for Ricola in travel retail,” confirmed Andreas Reckart, Head of Travel Retail for Ricola AG.
“And we have many reasons to be confident that 2023 will bring a continuation of this outstanding performance.
“We enjoyed an excellent week at this year’s TFWA World Exhibition in Cannes, with more meetings than ever before, and many exciting new prospects to pursue. Certain challenges remain for everyone – supply chain issues, inflation, the war in Ukraine – but we see plenty of potential, both in terms of new customers and the expansion of existing accounts.”
Ricola presented its new packaging upgrades in Cannes with new designs that reflect the brand’s more contemporary positioning and showcasing its nature-based attributes.
The new look is rolling out in 4Q 22. This year Ricola has secured a number of lucrative new travel retail contracts, including its debut at selected Latin American airports with Dufry in Q3, said Reckart.
