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The 2025 IAADFS Summit of the Americas, which took place last week, may have been a little smaller than in the past, but it was busy and productive, and filled with a positive mood, perhaps reflecting the vibe of its new Miami venue. A brief overview begins on page 1.
EARNINGS
The main news for this week is the strong financial results turned in by Avolta for fiscal year 2024. As the travel retail and F&B giant continues to win new concessions around the world for a myriad of innovation concepts, the company says that it is expecting further growth ahead. Detail on pages 1 & 2.
CRUISE
Many in the travel retail channel are now gearing up for Seatrade Cruise Global and its sister show, F&B@Sea, which are taking place April 7-10 and April 9-10, respectively. Details about Seatrade, which is celebrating its 40th anniversary edition this year, along with information about the 2-day retail segment, organized by Seatrade in association with The Moodie Davitt Report, can be found on page 3.
F&B@Sea, part of the Seatrade Cruise portfolio, is drawing the attention of a large segment of the traditional travel retail wine and spirits suppliers, who increasingly see the cruise channel as a key opportunity for growth. Details on the F&B@Sea 2025 program, including a 2-day conference, can be found on page 4.
IN THE TMI SPOTLIGHT: COTY
Burberry Beauty. Coty Travel Retail, in partnership with Avolta, has launched Burberry Beauty in Mexico City and Sao Paulo Guarulhos International Airports, with new counters, activations and full 360-degree campaigns. There are plans to expand to other major airports in the future. Page 5.
Coty Travel Retail has also begun an avant-premiére launch for the new Marc Jacobs Daisy Wild Eau So Intense, in key airports around the world. The launch allows travelers in select locations first access before the fragrance becomes available worldwide on April 1, 2025. See details on page 5.
WiTR+
Miami WiTR+ event kicks off 2025 fundraising efforts during Summit of the Americas gathering, and honors a Miami pioneer. Read the story on page 6.
