NEWS ROUND-UP
‘Game-changing’ Travel Retail Awards sends powerful consumer message in Singapore
Expert research and priceless consumer blogger and vlogger (video blogger) feedback combined last month to crown the industry’s trailblazers in the first consumer- voted Travel Retail Awards, in association with TRBusiness and m1nd-set. Held in Singapore at the Conrad
Centennial Hotel, the one-of-a-kind initiative recognised true ingenuity in travel retailing, with a total of nineteen awards (five airport, 13 product plus a special travel exclusive award) handed out on the night. For the first time in travel retail history,
suppliers, airports and retailers discovered which airports and travel retail products are truly loved by travelling consumers from all
over the world on a night that saw Changi Airport scoop four honours. The unique project aims to provide
honest, quality feedback to airports and suppliers to increase and broaden exposure of the duty free and travel retail industry to the crucial end-consumer, as shopping plays an essential role in passengers’ overall travel experience. Winners will now have the opportunity to
display the prestigious Travel Retail Awards logo, which travellers can identify at airports and on travel retail products worldwide. The logo will become synonymous with
real consumer appeal as voted for by those they trust; their fellow travellers. Guests were treated to a four-course
dinner, drinks and networking on the night. A collaboration between TRBusiness,
WiTR and charity Hand in Hand for Haiti helped to raise an impressive €5,600 through the generous contributions of attendees. [For the full list of winners plus a comprehensive
image gallery from the evening and information on the methodology behind the awards, visit www.
trbusiness.com and
www.travelretailawards.com].
Gebr. Heinemann to deliver ‘state-of-the- art’ duty free store on Carnival spirit
Carnival Cruise Line has partnered with Heinemann Asia Pacific to deliver a ‘state- of-the-art’ duty free store onboard vessel Carnival Spirit from 25 June. Heinemann Asia Pacific, in partnership
with subsidiary Heinemann Australia, will operate a mixture of local and global brands such as Seafolly, Quay Australia, Swarovski, Swatch, Lacoste and Clinique aimed at Carnival’s Australian guests. As reported, Heinemann has already
tasted success with Carnival in the US since securing retail concessions onboard Carnival Fantasy, Carnival Ecstasy and
South Korean pax 10-Year forecast.
Carnival Liberty in January. Heinemann’s Carnival retail operations
now span more than 1,220sq m across the four vessels.
CiR: South Korean traffic to grow +80% by 2027
CiR estimates that outbound South Korean traffic could grow by as much as +80% by 2027 at a compound annual growth rate of almost +7% per year. This increase would represent an absolute growth of over 17.5m departures versus 2017. Intra-regional Asia Pacific travel is
the key market for outbound South Korean passengers, accounting for over 4 in 5 departures, although in terms of percentage increases the Americas and Europe are seeing bigger uplifts. The South Korean Traveller, which offers
an in-depth analysis of this passenger’s shopping and buyer behaviour, also indicates that South Korean travellers represent the seventh biggest spenders on tourism in the world at $27bn. Digging deeper into the CiR report,
TRBusiness notes that on average, South Korean travellers arrive at the airport one hour and 25 minutes before their flight and have almost an hour of free time in departures before boarding their flight. South Koreans spend on average half an
hour browsing duty free. Lotte currently holds the lion’s share of
outbound pax exposure, according to CiR data, with other retailers having lower, but similar exposure as each other.
HUGOBOSS.COM
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