Travel Markets Insider Newsletter Vol. 26 No. 3

The Travel Markets Insider newsletter is attached to this letter as a PDF file. To open the PDF file, please click here

Interest continues to grow for the 2nd Cosmoprof North America Miami Beauty Show beginning next Tuesday at the Miami Beach Convention Center, with travel retail companies from throughout the region indicating they will be stopping by. There are already more than 900 exhibitors, say the organizers. See how you can attend, page 1.

In our lead story of the week, Panama-based Top Brands International, helmed by Danny Yohoros, has acquired Mega Shopping, the largest duty free shopping destination in Iquique, Chile. The acquisition – which has been branded with Top Brands Luryx commercial facia — expands Top Brands’ already significant footprint in Latin America. See more details on Page 1. 

CRUISE – IN THE TMI SPOTLIGHT

Harding+, which currently operates 300 shops across 85 cruise ships, has shared its strategies for continued success in 2025. The cruise retailer points out that cruising is set to grow another 12% year-over-year in passenger numbers, and appealing to this captive audience in the right way can pay off in real commercial rewards. The article begins on page 2.

PEOPLE

Information specialist Simon Best has joined Pi Insight and its ShelfTrak data platform as client director. Page 3.

Internationally known spirits and beverage specialist Dougal McGeorge has been named Senior Vice President Global Brand Marketing at Mast-Jägermeister SE, where he succeeds Wolfgang Moeller, who has left the company after more than twelve successful years. Page 3 

LATIN AMERICAN & INTERNATIONAL NEWS

London Supply raised more than US$675,000 at its London Supply Golf Trophy, which was played last week in Punta del Este, Uruguay. The money raised will be divided between two charities. John Gallagher reports. Page 4.

Air traffic up 15% at Asuncion as airport authority seeks FAA certification. Page 4.

Opening of new terminal at Lima postponed until end of March. John Gallagher provides details on page 4.

Avolta to launch share buyback of up to CHF 200m. Page 4

SUPPLY SIDE

Robin Ruth, a leading name in city merchandise and travel essentials, is pushing the boundaries of city-themed merchandise, and has unveiled a fresh lineup of appealing souvenir products that embody the brand’s commitment to unique design and respond to experience-driven consumer trends. Page 5.

Brown-Forman moves to 100% PCR for Woodford Reserve 50ml bottles. Page 5.

Bacardi donates $100,000 to American Red Cross California relief efforts. Page 5.

Bottega brings Bottega Gold Diamond and the Prosecco Premium Vintage Collection to Summit of the Americas. Page 5.