TRENDING:
Thailand’s government has announced that it intends to shut down duty free stores in international arrivals zones in airports in a bid to encourage tourists to spend in local retail stores instead.
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TFWA has announced that former US Secretary of State, Hillary Clinton will take to the stage for a keynote conversation at its 2024 TFWA World Conference. She will explore the ever-evolving global political landscape and the trends impacting the geopolitical environment, and in turn, travel retail.
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The International Association of Airport and Duty Free Stores (IAADFS) has named a L’Oreal Travel Retail executive to its Board of Directors. Julia Seve, Managing Director of L’Oreal’s Travel Retail Americas unit, is the fourth supplier member to join.
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China’s Hainan province reported record sales over the Lunar New Year holiday with shoppers spending some CNY2.49 billion over the 8-day break, up 60 percent yoy. Average spend stood at CNY8,358.
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Gebr. Heinemann has acquired full ownership of JR/Duty Free Israel by purchasing the remaining shares from James Richardson Group (JR/Group) in a joint venture that began in 2018.
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