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Over the past several weeks, the travel retail industry in the Americas was saddened by the deaths of three people who had long and distinguished careers in the channel. Canadian border store founder Jeff Law passed away in June; Kirk Wilde, a dear friend of many, who specialized in travel retail for luxury brands, died at the end of May; and Alan Huxtable—a long-time executive with Dufry and later HK Global, died suddenly last week.
Please go to page 2 to read words celebrating their lives from family and friends for all three.
In the news, the IAADFS has announced the dates and venue for the 2025 Summit of the Americas, which is moving back to Miami next year. Page 1.
Avolta continues to lead the travel retail recovery – and this week reports strong double-digit revenue growth for the first half of 2024. This is the sixth consecutive quarter of strong performance as it delivers on its Destination 2027 strategy, says the company. See story on pages 1 & 7.
VICC
In a move that could greatly benefit any company shipping into Miami, officials have approved the investment of a minimum of $400 million to construct a state-of-the-art four-story Vertically Integrated Cargo Community (VICC) at Miami International Airport. This will be the first of its kind in the Western Hemisphere, and when completed will increase MIA’s cargo capacity by 50%. MIA is already America’s busiest international freight airport. Page 1
AT THE POINT OF SALE: BEAUTY
L’Occitane Travel Retail has launched a massive Summer Tour for Sol de Janeiro that will span 105 airports worldwide. Page 3.
Tairo Group’s SOMAR division adds L’Oréal Professional Products to its portfolio.
ELC names Akhil Shrivastava as EVP & CFO.
P&G opens Paris Olympic Village Beauty & Grooming salon.
IN THE TMI SPOTLIGHT: SUSTAINABILITY
Carnival Cruise Line, Bacardi and ecoSPIRITS expand their Circular Packaging Partnership following their successful pilot. The program brings the closed loop spirits packaging to a fourth ship. Operating on three Carnival cruise ships from August 2023 through the end of March 2024, the program saved tens of thousands of of single use glass bottles from being produced, and eliminated more than 38,000 pounds of packaging waste. See details of this immensely important news on page 4.
IN THE TMI SPOTLIGHT: SPIRITS
The Macallan puts Colour Collection in the spotlight as it celebrates its 200th anniversary in travel retail. Page 5.
Brown-Forman unveils a global travel retail exclusive Glenglassaugh 49 Years Old. Page 6.
The Singleton launches the Gardens of Abundance collection – the biggest malts launch ever for Diageo Global Travel. Page 6.
Bacardi GTR launches Grey Goose Coolers, a new range of travel retail exclusive gifting and personalization options for Grey Goose Vodka. Page 6.
