According to the latest report fromSwiss research agency m1nd-set, there might be a silver lining emerging from the confusion and crisis of the last year—in this case from Brexit. m1nd-set reports that the number of travelers eligible to purchase duty free goods at European and British airports could increase by over 60%, following changes […]
Brexit
British parliament approves UK/EU Brexit deal; duty free sales begin on Jan. 1; ETRC urges preparation
British lawmakers approved Prime Minister Boris Johnson’s post Brexit deal with the European Union on Wednesday. Parliament’s lower house voted 521 to 73 in favor of the agreement, sending it to the Upper House, where it is expected to be approved. On December 24, the European Union and the United Kingdom had reached an agreement in […]
Brexit analysis highlights strong gains for EU duty free business
As the Brexit discussions get underway in Europe, the duty free business stands to see strong gains across Europe once the UK officially leaves the European Union, reports m1nd-set. The Swiss research agency reveals that the short and long term impacts on the UK’s exit from the EU will overall be very positive for the […]
Statement from TFWA re Brexit
Industry association TFWA has just issued the following statement regarding the UK vote to exit from the European Union: Comment re Brexit From Erik Juul-Mortensen – President, TFWA As yet, it is not possible to predict how Brexit will affect the duty free and travel retail industry, and it is wiser not to make assumptions […]
