The Travel Markets Insider newsletter is attached to this letter as a PDF file. To open the PDF file, please click here
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We wish everyone who celebrates it, a very enjoyable Labor Day!
With the official end of summer in the Northern Hemisphere just days away, the travel retail industry is quickly gearing up for the 2024 TFWA Tax Free World Exhibition & Conference next month. As this is the 40th anniversary of the global association, the event promises to be an especially important and memorable occasion. We look forward to seeing many of you there.
We also have some excellent advertising opportunities still available in our Cannes magazine. Please contact me, Lois Pasternak, for more information at editor@travelmarketsinsider.net
EMPLOYMENT OPPORTUNITIES
ACTIUM GROUP is seeking a Beauty Business Unit Commercial Manager based in Miami. See details on page 7
SHISEIDO MIAMI is looking for a Sales Analyst for its LATAM division (Fragrances & Cosmetics). Go to page 7.
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TRENDS
In the news, travel retail research agency m1nd-set has released ground-breaking findings that suggest a significant shift in consumer behavior, with price becoming less dominant in purchasing decisions as shoppers prioritize other aspects of airport shopping – including the experience! See preliminary findings on pages 1 & 2.
m1nd-set and its event partner Blueprint will be presenting detailed insights on the importance of experiential retail during a special workshop in Cannes on Sunday, Sept. 29. See page 1 Inside Insider for information.
AIRPORTS
San Francisco International Airport is in the spotlight – both for debuting a brand new logo as it phases out one that has been in use for the past 24 years; and for commencing with its $2.6 billion modernization project for its Terminal 3 West. See page 2.
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N THE SPOTLIGHT: BEAUTY
Today’s issue of Travel Markets Insider focuses heavily on Beauty News from throughout the industry.
In the region, Miami-based fragrance distribution company Essence Corp hosted a special Beauty Consultant Seminar in Cartagena, Colombia, bringing together top BAs from both its travel retail business and its Caribbean business.
From trainings and hands-on workshops on an impressive lineup of luxury fragrances, to fun-filled innovative networking opportunities (including a launch party onboard a private yacht), the event has been heralded as a resounding success. Read all about it on page 3.
Globally, Balmain Beauty – established in 2022 through a partnership between the French fashion house Balmain Paris and The Estée Lauder Companies – has launched its first fragrances, a collection of all-gender eaux de parfums called “Les Éternels de Balmain.” See full story on page 4.
Coty Travel Retail has also launched a new selection from its hugely successful Burberry Goddess line at major airports throughout the globe: Burberry Goddess Eau De Parfum Intense began debuting in airport travel retail on August 1. See more details on age 4.
Local success. KROMA Makeup, a health-conscious, luxury natural line of makeup created in Florida for the past 20 years, has been short-listed for the prestigious 2024 European Natural Beauty Awards, which will be presented in October in Stockholm, Sweden. This international recognition comes on the heels of the brand’s launch into travel retail. TMI’s Lois Pasternak speaks with KROMA founder Lee Cristou about the brand’s journey up until now. Page 5.
Spanish perfume house PyD teamed up with Avolta to hold a joyous, playful fragrance activation at Ezeiza International Airport in Buenos Aires for TOUS Kids and Baby TOUS, in celebration of Children’s Day in Argentina. Page 5.
MORE SUPPLY SIDE NEWS
Time Products (UK) adds Louise Stevenson to its TR team, as listings continue to grow for the company’s Sekonda Watches. Page 6.
The Balvenie launches The Balvenie Fifty Collection, a trio of its rarest whiskies to date. Only 125 bottles of each run will be release annually, 13 of which from the First Edition will be available in travel retail worldwide from September. Go to page 6 for more details.
The Lakes Distillery unveils “Boundless,” a new single malt whisky designed exclusively for Global Travel Retail. Page 6.
INTERNATIONAL/CRUISE
Seatrade Cruise Med—taking place in Malaga, Spain Sept. 11-12, has announced the speaker panel for the State of the Mediterranean Cruise Industry keynote. See details and link to full program on page 7.
