European airports, airlines, ferries and cruise lines. The newly founded travel retail division, headquartered in switzerland, will implement the expansion of the companys international travel retail activities initially in europe, before reaching the middle east and africa, followed by asia and the americas. Workers supporting cannabis retail and dietary supplement retail employees of companies engaged in the production of chemicals, medicines, vaccines, and other substances used by the food and agriculture industry, including pesticides, herbicides, fertilizers, minerals, enrichments, and other agricultural production aids. A european approach to legislating for the duty free and travel retail dftr sector that takes into account the unique. Travel retail particularities and challenges of the sector fic advisory group, 14 january 2015.
Approximately 70 per cent of passengers currently buy nothing at all at the airport. About etrc etrc represents the dutyfree and travel retail industry operating at european airports, airlines, ferries and cruise lines retailers aelia, dufry, gebr. Now in its second year in the industry, butterfly twists is sold in more than 50 countries and on 40 airlines, and continues to grow internationally. Entitled safely restarting aviation aci and iata joint approach, the paper details plans for airports and airlines to resume operations by reassuring travellers given heightened concerns around health and safety. Pdf this paper details the recent convention put forward by the world health organisation who. Getting store employees to alternate store locations and having corporate staff out in. Innotri will be distell global travel retails exclusive distributor for the usa travel retail channel and parts of the caribbean beginning.
Vgm retail brings retail solutions through education to dmepos providers. Dfni provides all the latest news and insights from dutyfree brands, travel retailers and airport operators. In the latest special edition of the bof podcast, rafat ali, founder and ceo of the travel news site skift, talks to bof editorinchief imran amed about the tourism standstill following the outbreak of covid19 and its impact on travel retail. But, in terms of general travel retail sales in us dollars, south america is growing at a faster pace than asia, albeit. Business plan guide the following format has been designed to give the business planner a brief list of some of the questions one must address before beginning to write each part of the plan. Nowhere is the shift from offline to online booking more pronounced than in china. United states duty free and travel retail news duty free. Travel retail two key levers to pursue for optimization for brands as well as for retailers, the future of travel retail seems to be developing along two main lines. Duty free and travel retail is a global industry which specializes in selling products to international travelers. Pdf travel retail market report published by value market research is an in depth analysis of the market covering its size, share, value. Travel retail 2020 summit of the americas conference. Northstar travel groups audienceinsights is a highquality bestinindustry audience database that features firmographic, demographic, proprietary engagement, and behavioral data.
Breaking the travel retail industry airport business. Pdf travel retail market report published by value market research is an indepth analysis of the market covering its size, share, value. Managing travel within the retail industry is neverending and can be a near impossibility without the proper solutions in place. Little, based on a comprehensive industry outlook and substantial experience in travel retail strategy. Global duty free and travel retail sales 20162023 statista.
The deck highlights themes that we will see emerge within the consumer and retail market this year. The worlds largest association of travel professionals, members include travel agents and the companies whose products they sell such as tours, cruises, hotels, car rentals, etc. Duty free and travel retail industry worldwide statista. Distell global travel retail has announced a new distribution deal with miamibased innotri limited innovation travel retail international to support distells development in the americas region. As in the case with many other industries, digitalization is changing the way business is done in travel retail. Perhaps, more than in past years, the convergence of a number of anticipated drivers will fashion a new retail environment that will build upon the strengths of the retail industry, yet encompass new approaches, models, processes and. Duty free and travel retail sales worldwide from 2016 to. This year digital travel sales worldwide will increase 10. To help our travel retailer customers define their business for the travellers of the future, weve developed. Travel retail is a major growth engine driving the luxury retail sector today, philippe schaus continues.
Investments in innovation and emerging technologies will further fuel this growth. Travel has never been so accessible to such a broad range of consumers, at such low costs. The state of data and analytics in travel report 2017 a global, industrywide survey of more than 450 travel data professionals. The global industry of duty free and travel retail is engaged in selling merchandise to international travelers. Deloitte moving the global travel industry forward pdf. Travel retail is like a sixth continent in the world confirms barbara lavernos, managing director of worldwide travel retail for loreal luxe. And dubai is the worlds second biggest airport for travel retail sales. Optimal and efficient travel payment solutions for the retail industry. The international air transport association iata and airports council international aci world have issued a joint paper laying out a pathway for restarting aviation. Airports, airlines and travel retail operators are currently facing unparalleled challenges, both in the way they do business as well as in the aviation industry itself. Travel retail particularities and challenges of the sector. This 2018 retail trends deck is based on presentations and discussions from the national retail federation s annual big show conference. Consumer trends retail news and trends retail dive. Moving the global travel industry forward the travel industry across the globe has a progressive path laid out in 2018 with rising disposable incomes from both emerging and developed markets.
With 211 million visitors in 2012, dfs continues to look to blue skies ahead. Our offer of exceptional products and unparalleled services put our luxury traveling customers at the heart of our business. In its report, global dutyfree retailing market 20172021, key drivers of industry growth include excise duty exemptions and a concentration on premium product offerings. Duty free store sales are taxfree and exempt from excise duties, on the. Shaping the future of luxury travel future traveller. The global duty free retailing sector is forecast to grow at a cagr of 8. Arc industry glossary airlines reporting corporation. It is listed in more than 80 points of sale in travel retail, and the brand works with the some of the worlds most progressive travel retailers gebr. Dfs takes luxury travel retail to new heights lvmh. Ultimately, our goal is to help the travel industry deliver a more rewarding and personalised journey for travellers and suppliers. Pdf travel retail market size, key players, dynamics, global. At dufry, we are excited about the new possibilities and opportuni. Global travel retail sales share in 2018, by distribution channel.
At a time of crisis, the main driver of the dutyfree retail growth will be the airports retail performance improvement. We look forward to hearing your feedback, so that together we can continue to shape the future of travel to 2030 and beyond. Travel retail market size, share and growth analysis. This guidance and accompanying list are intended to support state, local, and industry partners in identifying the critical infrastructure sectors and the essential workers needed to maintain the services and functions americans depend on daily and that need to be able to operate resiliently during the covid19 pandemic response. Microsoft word travel retail report by fbic global retail tech dec.
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