search.noResults

search.searching

note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
June 2017 20


YEARS 1997-2017


TRBusiness Volume 20, Issue 06 June 2017 Contents


Tallink Group sales hit $584m .....16 AS Tallink Group’s impressive onboard sales turnover in 2016 is linked to its record 9.5m passenger total, Doug Newhouse speaks to Tallink Duty Free Director


of Business Development Magnus Skjörshammer.


TFWA Asia Pacific roundup..........19 Asia Pacific DF & TR sales received a +9% boost in 2016. As Doug Newhouse & Luke Barras-Hill report, this year’s TFWA Asia Pacific show broke more records.


BARTA: The next generation ....... 21 Budapest Airport is playing host to a potentially ‘game-changing’ intitiative. Luke Barras-Hill discovers a new set- up between the operator, Wizz Air and Heinemann Duty Free that aims to form new commercial relationships.


SUBSCRIBER ONLY CONTENT


Moscow SKYSERVICE 2017...........25 This year’s Aeroflot/Aeromar-backed SKYSERVICE attracted more than 40 airlines – including 22 from Russia. Doug Newhouse reports from Moscow.


LATAM REPORT........................29-37


Interview: José Luis Donagaray...29 As ASUTIL prepares to return to its Rio birthplace, the association’s Secretary General discusses why this year is special with Charlotte Turner.


Early signs of recovery.................33 Fiscal improvements are sparking a return to growth for many Latin American countries. However, as Charlotte Turner reports, many countries are not banking on a boom year just yet.


BEAUTY REPORT.......................39-58


Top 5 beauty retailers..................39 Beauty’s top 5 retailers have become known for exclusive airport ‘firsts’ and new brands, but concession shifts mean the 2016/2017 ranking is likely to look different, says Charlotte Turner.


SUBSCRIBER ONLY CONTENT JUNE 2017


LVMH .............................................49 LVMH Moët Hennessy Louis Vuitton is looking to expand its global retail empire by launching 24sevres.com, a new fashion, accessories and beauty website. Doug Newhouse reports.


P&G ...............................................51 It is officially the end of an era for P&G Prestige in DF&TR following the transfer of 41 beauty and fragrance brands to Coty, as Charlotte Turner reports.


Chanel .......................................... 53 Chanel continues to be a ‘must-have’ draw for duty free and travel retail, as Doug Newhouse discovers.


Coty.............................................54 The multi-billion merger of Coty with P&G is now complete. Doug Newhouse explores how the deal creates a $9bn-plus global beauty leader.


Top 5 by Advantage .......................41 According to Advantage International, there was a downturn in retailers’ ‘overall satisfaction’ of their relationships with beauty supplier partners between 2015- 2016, as Charlotte Turner reports.


Top 5 beauty suppliers ................ 43 The beauty supplier rankings are likely to change by year-end following Coty Inc’s mammoth acquisition of 41 P&G beauty brands, reports Charlotte Turner.


L’Oréal Travel Retail....................44 Makeup was L’Oréal Travel Retail’s ‘most dynamic category’ in 2016 as the global beauty giant weathered economic challenges, reports Charlotte Turner & Luke Barras-Hill.


Estée Lauder...............................47 The Estée Lauder Companies registered a strong performance last year, and forecasts net sales growth of between 6% and 7% this year, reports Doug Newhouse.


Richemont moves for 5% Dufry stake


Top 5 in beauty: P&C’s major players dissected


Self-consumption drives sugar confectionery sales


Latin American DF&TR Market Special Report


Lagardère TR revenue hits $830m in Q1


Featured Interview: ASUTIL’s José Luis Donagaray


Budapest Airport facilitates real business model changes... p21 Kam Jandu SUBSCRIBER ONLY CONTENT Also inside


TALLINK’S MAGNUS SKJÖRSHAMMER | TFWA ASPAC REVIEW | SKYSERVICE FORUM | FTE & BARTA PREVIEW | ADVANTAGE INTERNATIONAL | L’ORÉAL | ESTÉE LAUDER | COTY | P&G | LVMH | CHANEL | M1ND-SET | PVM | MARS | RICOLA | HARIBO | FERRERO | NOW & THEN


Beauty movers & shakers...........56 The beauty category is fronting the rennaissance in global DF & TR sales. As Luke


Barras-Hill finds out, a number of players are helping the cause.


SUBSCRIBER ONLY CONTENT SUGAR CONFECTIONERY...........59-70


Optimism abounds in sugar..........59 Although sugar and gum occupies a smaller share of total confectionery, the segment plays a crucial role in measuring retailer engagement, as Luke Barras-Hill reports.


Mars ITR: Tapping demand .......... 65 Sugar has the potential to play a much greater role across the confectionery segment, Mars ITR’s Matt Boulter explains to Luke Barras-Hill.


Ricola: A well-deserved treat ......69 Andreas Reckart, Head of Middle East & Travel Retail, Ricola, tells Luke Barras-Hill why self-consumption has become a firm focus for the herbal sweet supplier.


Counter Intelligence .................... 71 Some of the best product launches, events and animations in June.


People news................................. 73 Personnel moves in the market.


Now & Then ...................................74 The Doug Newhouse column.


44 TRBUSINESS 15


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78