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
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