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HELPING THE INDUSTRY GROW - ESTABLISHED 1997 -


APRIL 2019


TRBusiness Volume 22, Issue 04 April 2019 Contents


Incheon arrivals award ................19 The Korea Customs Service has awarded Entas Duty Free and SM Duty Free the country’s first airport arrival duty free shop concessions at Incheon International Airport after being


shortlisted in March. David Hayes reports.


Dufry at $8.7bn; growth returns..20 Dufry Group returned a robust sales performance in 2018 despite a challenging year, learns Luke Barras-Hill.


Visa exemptions .......................... 21 Brazil’s decision to grant 90-day visa exemptions to travellers from US, Canada, Australia and Japan is good news for future tourism and spending, discovers Luke-Barras-Hill.


SUBSCRIBER ONLY CONTENT


Retail urged to ‘adapt or die’ ....... 22 The 28th ACI Europe Airport Commercial & Retail Conference took place in Reykjavík, Iceland. Luke-Barras Hill reports on a keynote address.


THE TRAVEL RETAIL AWARDS 23-27


2019 Finalists revealed ................ 23 After a six-week judging process conducted in association with m1nd-set, TRBusiness announces the finalists for the second consumer-voted Travel Retail Awards.


Americas Summit round-up........ 28 The second Duty Free and Travel Retail Summit of the Americas took place at a new venue in Orlando last month. TRBusiness provides the main talking points from a busy programme.


TOP 10 SPENDERS 31-37


Top 10 DF&TR nationalities.......... 31 Chinese travellers are the leading duty free consumers with an average basket spend of more than $200, according to research undertaken by m1nd-set. Luke Barras-Hill reveals more.


SUBSCRIBER ONLY CONTENT FINE FOOD & WINE 47-50


Confectionery opportunities........47 Having previously benefitted from cross-category merchandising and promotions within fine food, Treasury Wine Estates is willing to entertain further opportunities, learns Charlotte Turner.


F&B provides retail distraction... 48 An explosion in premium eateries, fine food and wine experiences and local gastronomic concepts can prove an unwelcome distraction for travel retail. Luke Barras-Hill finds out more.


TFWA Asia Pacific preview .......... 39 The DF&TR industry is preparing for another TFWA Asia Pacific Exhibition and Conference on the back of +14.7% sales growth in the region during the first nine months of 2018. Andrew Pentol reports.


SUBSCRIBER ONLY CONTENT WATCHES & JEWELLERY 43-46


Competition stiffens in J&W ........ 43 Increased competition across the jewellery and watches segment is bringing the best out of suppliers in DF&TR, writes Andrew Pentol.


SUBSCRIBER ONLY CONTENT APRIL 2019


Counter Intelligence .....................51 Some of the best product launches and animations in April.


People .......................................... 53 Personnel moves in the market.


Now and Then .............................. 54 Luke-Barras Hill traces 20-years back, from then... to now.


TRBUSINESS 17


SM & Entas win Incheon arrivals duty free lots


Fine food & wines find new pairings in TR


Travel Retail Awards 2019: The Finalists


Dufry’s sales grow 3.7% to


$8.6bn in 2018 Summit of the


Americas 2019: All the action


Competition heats up in watches and jewellery


Gustavo Fagundes Brazil visa waiver scheme can unlock spending... p21 ALSO INSIDE


DXB IN TOP SPOT | CHINA DF POTENTIAL | CRUISE RETAIL GROWTH | LAWA & URW TENDER | SHILLA IN JEJU | TR QUESTION TIME | CDFG TRIUMPH AT DAXING KLM CANCELS TAX FREE | ZURICH SALES LIFT | PEOPLE NEWS | NOW & THEN


39


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