NEWS ROUND-UP TR leads call for action on digital information
policymakers and stakeholders in Brussels to consider, where appropriate, digital means as a legally recognised option to providing mandatory product information. ETRC Secretary General Julie Lassaigne
The European Travel Retail Confederation (ETRC) has galvanised support from a cross- section of parties urging European leaders to consider digital solutions for businesses and consumers. A joint letter sent to members of
the European Commission on 3 March highlighted opportunities afforded by digitalisation, including solutions for mandatory product labelling. It was signed by the ETRC and 21 other
companies representing a broad number of consumer-facing industry sectors, supported by retailers. The genesis of the initiative emerged
when the ETRC gathered like-minded EU associations to fire a strong message to
told TRBusiness: “Due to the uniqueness of the DF&TR offer, dealing with labelling requirements across so many different product categories, we realised from our discussions with other EU trade associations that a number of initiatives were ongoing at EU and UN level with regards to consumer information as a viable legal option to on-pack labelling, in particular in the food, alcohol, cosmetics and chemicals sectors. “However, it was also clear that the lack
of a strategy or overarching principles on the matter from the European Commission could lead to either inaction or regulatory fragmentation between various sectorial legislations, undermining the potential benefits for both businesses and consumers in the DF&TR channel. “Joining our voice to that of 21 other
organisations, we can demonstrate that digitalisation of product information for consumers is a priority for many consumer-
LHR records flat retail revenue per passenger
London Heathrow Airport retail revenue rose marginally (+0.8%) to £722 million/$933 million in the 12 months ending 31 December 2019 with retail revenue per passenger flat at £8.93/$11.54 (2018: £8.94). Heathrow Airport handled 80.9 million
passengers (+1%) last year, a results statement from operator Heathrow (SP) Limited showed. Revenue from retail concessions
contributed the majority of total retail income, as the Pound Sterling’s drop in value against the Euro and dollar aligned with greater shopping participation. Group revenue climbed by 3.4% to
£3,070m in light of increased flight demand, with adjusted EBITDA rising by
4.6% to £1,921m. Intercontinental traffic rose by 2.2%
spurred by North America due to increased frequencies, additional services and new routes to destinations such as Pittsburgh and Charleston through British Airways.
facing industries and the digital labelling platform that we are developing can be a solution of today for duty free and travel retail – if legislation allows us to do it. “This joint letter is hopefully the first
of many activities during this legislative mandate that will bring ETRC to the forefront of the discussion on this matter.”
King Power to operate duty free pick-up counters at BKK
The Airports of Thailand (AoT) has approved King Power Development Company Limited to run the duty free pick-up counter service at Bangkok Suvarnabhumi International Airport (BKK). The decision was made during a Board
of Directors meeting on 19 February after rights were granted last year to launch a tender process. King Power and Bangkok Airways
Public Company Limited had lodged their respective interests in purchasing documents, with King Power emerging as the sole proposer. The contract term runs from 28
September 2020 to 31 December 2030. AoT said the approval of King Power
was based on a strong financial offer that exceeded the first year’s minimum annual guarantee (MAG) and the landlord’s expectations. “Such compensation will be adjusted
every year in line with the inflation rate, according to the Ministry of Commerce, and the growth of the number of passengers (international) throughout the contractual term,” added AoT.
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