- ESTABLISHED 1997 - June 2018 TRBusiness Volume 21, Issue 06 June 2018 Contents
The digital revolution ...................17 In an exclusive interview, Jan Hieronimi, Industry Manager, Retail, Google Germany, speaks to Luke Barras-Hill about the future of connected travel.
Sydney Airport looks forward .... 21 Speciality stores and passenger growth linked to certain leases boosted Sydney’s Airports retail revenue in 2017, as Andrew Pentol discovers.
SUBSCRIBER ONLY CONTENT
Market view: m1nd-set ................ 33 According to m1nd-set, skincare buyers display a higher propensity to pre-plan purchases than the global shopper. TRBusiness assesses the findings.
SUBSCRIBER ONLY CONTENT
L’Oreal Travel Retail .................... 34 After celebrating its 40th anniversary last year, Andrew Pentol discovers that L’Oreal Travel Retail continues to lead from the front with launches such as the Armani travelling pop-up.
Gebr. Heinemann hits $4.8bn ...... 23 Key inflight supply contract renewals were a prominent highlight from Gebr. Heinemann’s annual press briefing, as Luke Barras-Hill reports.
TFWA Asia Pacific review ............ 26 Sales in Asia Pacific surged by 11.6% to $30.6bn in 2017. Andrew Pentol and Luke Barras-
Hill report back on a busy week of business.
Downtown Seoul heats up ........... 29 Seoul’s crowded downtown DF&TR market will welcome a new Hyundai Department Store Duty Free outlet in November. David Hayes gets the details.
BEAUTY REPORT 30-58
Leading beauty retailers ............. 30 Competition for beauty concessions continue to heat up, with retailers expected to deliver on the immersive customer experience. Luke Barras-Hill reports.
Leading beauty suppliers .............31 Brand activations, strong merchandising and promotions ensure that beauty brands are optimising visibility in-store. Andrew Pentol reports.
JUNE 2018
Estée Lauder ............................... 37 A 18% rise in net sales in Q3 ending 31 March has prompted Estée Lauder Companies to revise its full-year growth forecasts, reports Claire Malcolm.
LVMH ............................................ 40 Despite challenging trading conditions in Asia Pacific last year, LVMH Moët Hennessy Louis Vuitton tells Andrew Pentol that favourable currency rates led to increased buying power.
Unilever ....................................... 42 Since acquiring leading skincare business Carver Korea for €2.3bn last year, the signs have been positive for Unilever’s personal care strategy, as Luke Barras-Hill finds out.
Shiseido Travel Retail .................. 44 STR has benchmarked a 20% contribution towards group incremental revenue to 2020. Luke Barras-Hill says the Japanese beauty giant has made a solid start in achieving that goal.
Revlon .......................................... 48 Revlon is taking Elizabeth Arden back to its New York roots as it builds on the $870m deal for the brand. Words: Jessica Mason.
DFS in Macau ................................51 Beauty takes centre stage with two new T Galleria by DFS openings in Macau. As Luke Barras-Hill learns, the doors boost the luxury travel retailer’s presence to six Macau locations.
Ones to watch: Moroccanoil ........ 53 Moroccanoil is scaling up its operations though ‘Made in Canada’ merchandise, learns Luke Barras-Hill.
Following the curve .................... 54 Leading Asian beauty brands are targeting demand markets, as pop culture influences innovation. Claire Malcolm reports.
Natural solutions ......................... 56 The beauty industry is responding to a rise in consumer demand for medicinal and remedial products in skincare and makeup, writes Jessica Mason.
SUGAR CONFECTIONERY 59-70
Versatility hits sweet spot ........... 59 Flexible approaches to retailing in the sugar and gum segment are paving the way to increased listings and improved conversion, argues Jessica Mason.
Ricola: A structured approach .... 63 The Swiss herb drop confectionery company is benefitting from a clear strategy vision
for DF&TR, as Andrew Pentol discovers.
Premium potential....................... 65 The last 12 months have yielded a solid performance for Haribo. Claire Malcolm examines how the company is looking to take its DF&TR business to the next level.
Perfetti: Choice wins ....................69 Perfetti Van Melle Global Travel Retail tells Luke Barras-Hill why assortment variety yields greater returns.
Counter Intelligence .................... 71 Some of the best product launches, events and animations in June.
People .......................................... 73 Personnel moves in the market.
Now & Then Luke Barras-Hill traces 20 years back, from
then...to now.
TRBUSINESS 15
Iraq Duty Free hits back at bribery claims
Hyundai to make Seoul downtown entry
Beauty Report: Global Giants
have their say TFWA: APAC
sales surpass $30bn in 2017
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