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Latin America and Caribbean
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Dufry Group turnover recovery accelerates through first quarter
In a trading update, the retailer said that Q1 was “characterised by continuous improvements during January and February, resulting in increasing sales trends in most regions globally from March onwards”, a trend that continued into April. Read More
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Devour, explore, nibble or bite it – The world celebrates ‘I Love Reese’s Day’
Today is ‘I Love Reese’s Day’, surely one of the most fun world days. And we are celebrating it in spectacular style with Hershey World Travel Retail. Read More
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IAADFS Summit of the Americas set for 18-21 April 2023
IAADFS says it plans a return to a traditional exhibition hall format from next year at the Palm Beach County Convention Center. Read More
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Brockmans gin appoints Jean-Philippe Aucher to lead travel retail expansion
The super-premium gin brand sold more than one million bottles in domestic markets across 55 countries last year, following a significant marketing investment, and declared an ambition to grow in travel retail. Read More
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Dufry extends presence at Salvador Airport with duty free and duty paid contracts
Dufry further strengthens its position in Brazil with six-year duty free and duty paid deals at Salvador Airport. It will operate expanded retail space across three new shops. Read More
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Estée Lauder posts strong Q3 results despite ‘accelerated headwinds’
The American beauty powerhouse reveals double-digit growth in Q3 global travel retail sales despite a slowdown in March due to COVID-related restrictions in China. Read More
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Europe and US travel recovery buoy Lagardère Travel Retail sales in first quarter
Lagardère Travel Retail sales reached €694 million in the first three months of 2022, around double the 2021 figure but still -28.7% below the first quarter of 2019, as travel returned at scale in Europe and growth continued in the Read More
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Habanos partners with Phoenicia for prestigious Cohiba 55 launch
The Cohiba 55 Aniversario Limited Edition 2021 marks 55 years of one of the great Cuban cigar brands, with Phoenicia selected as launch partner by Habanos for a major event on 14 May. Read More
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Skift Travel Health Index shows continuing global recovery; China and Japan lag
The Skift Travel Health Index is a real-time measure of travel industry performance across 22 countries and core verticals within it. It also offers a useful indicator of national and international travel retail recovery. Read More
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Hainan prospers as L’Oréal overcomes ‘unstable’ context to post strong Q1 growth
In presenting a vibrant set of first-quarter results, L’Oréal CEO Nicolas Hieronimus highlighted the group’s stand-out performance in the key Hainan travel retail market. Read More
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Industry first: Tidal Rum to distill product at sea with P&O Cruises
The Jersey-based rum brand has announced a partnership with P&O Cruises to create the first rum to be made and distilled at sea on its new ship, Arvia. Read More
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‘A market leading ambition’ – Lagardère Travel Retail commits to carbon neutrality by end of 2023
The ambition covers all of the group’s direct emissions, with a new governance framework implemented at the company to oversee and steer its CSR actions. Read More
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The view from Latin America: High average spends and a changing sales mix are features of early recovery
Strong average spends, notably in liquor, electronics and high-end watches, are a feature of performance in the Latin American travel retail market in 2022, according to ASUTIL President Gustavo Fagundes. Read More
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Live and on location at the Summit of the Americas
Welcome to our rolling coverage of the IAADFS-organised Summit of the Americas in Palm Beach, Florida. We are bringing you updates and event highlights through the week. Read More
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