Duty Free

Brexit delivers significant new potential market for UK and EU duty free business

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 […]

Travel Markets Insider Newsletter Vol. 21 No. 42

The Travel Markets Insider newsletter is attached to this post as a PDF file. To open the PDF file, please click on this link. BREAKING NEWS: JAYA SINGH ELECTED NEW TFWA PRESIDENT Jaya Singh, Mondelēz World Travel Retail, European Export & Switzerland Managing Director, was today elected President of the Tax Free World Association. Singh was elected by the TFWA Management Committee during […]

Pernod Ricard Global Travel Retail prepares for the future of travel retail with digitalization powered by consumer insights

Pernod Ricard GTR is using a consumer-centric approach drawing on multiple data sources to prepare for the future of travel retail amidst the global pandemic, says Anuj Roy, Strategy & Insights Director at Pernod Ricard GTR. This observation was part of Roy’s discussion on how PR GTR is “staying ahead of the curve” at the inaugural […]

New allowances and more stores announced at Brazil border conference

South American Duty Free Association, ASUTIL, and CEFSU, the Chamber of Uruguayan Free Shops, held a two-day virtual conference on Nov. 24-25, that examined new opportunities arising from the opening of duty free shops on the Brazilian border, during which government officials unveiled increased duty free allowances and details of new store openings. Originally planned […]

IAADFS webinar: key operators see more challenges ahead before recovery begins mid-2021

The International Association of Airport Duty Free Stores hosted a critical, informative webinar on Dec. 2. An expert panel of duty free operators discussed their perspectives on the current business challenges confronting the travel retail industry in the Americas due to the COVID-19 crisis and their perceptions regarding future opportunities. Entitled Managing Through COVID: From Crisis […]