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With the Countdown to Cannes now only days away, the travel and tourism industries—including travel retail – are cheering three important developments that took place over the past week.
CANADA: Most relevant to the Americas, the Canadian government –in a huge shot of good news for the Canadian land border duty free operators — announced that it will be removing the vaccine requirement for all travelers and making the ArriveCan app optional, as of October 1, 2022. See the positive reactions to the news on age 1.
In the UK, the government announced it would reinstate airside VAT-free shopping, a move warmly welcomed by the UK Travel Retail Forum. Read the statement on page 1.
And in Hong Kong – which has had one of the strictest sets of pandemic protocols for visitors and retuning residents – the government said it will drop its hotel quarantines. See more details on page 6.
AIRPORT CONCESSIONAIRES
Airport Dimensions and Ambaar Lounge strengthen presence in Brazil. Page 2
SSP reports continued recovery in 4Q. Page 2.
Paradies Lagardère adds industry experts Bozeman and Dunn to Business Development Team. Page 2.
Hudson to open two new stores in LAX Terminal 3, becoming one of the first concessionaires to operate in Los Angeles World Airport’s brand-new terminal. Page 3.
SUPPLY SIDE
The Estée Lauder Companies has inked a licensing agreement with French couture fashion house Balmain to develop an innovative line of beauty products that will “speak to luxury consumers around the world.” Page 3.
L’Oréal will acquire Skinbetter Science, a physician-dispensed American skincare brand that recorded nearly $95 million in sales in the twelve-months ended August 31, 2022. Page 3.
Shiseido celebrates 150 years of Beauty Innovation, which it will showcase in Cannes. Page 4.
Shiseido Travel Retail and Jewel Changi Airport renew SHISEIDO FOREST VALLEY Partnership. Page 4.
UK-based super-premium Brockmans Gin will partner with Premium Brands Group of Panama to expand its presence in Central and South America. Brockmans travel retail consultant is former Stoli executive JP Aucher. See more details on page 5.
MONARQ Group announces its collaboration with Heavensake for US Duty Free, the Caribbean and Latin America. Page 5.
CONFECTIONERY
Ricola to present new packaging design in Cannes as travel retail business resurges. Page 5.
Travel retail exclusive brand Rosalie’s will introduce two new organic biscuit lines in Cannes. Page 6.
IN THE SPOTLIGHT: NESTLE INTERNATIONAL TRAVEL RETAIL
NITR brings it mission to build food into the #1 category in Travel Retail to Cannes. Page 6.
