THE WHAT? The Tax Free World Association has decided to cancel the 2020 edition of the TFWA World Exhibition & Conference, scheduled for September 27 to October 2.
THE DETAILS The continuing uncertainty surrounding the travel and health situation as well as the worldwide fall in industry activity was taken into account.
“By agreeing significant reductions to space rental fees, making changes to the format and working with our partners in Cannes to reduce the cost of taking part in the event, we did what we could to attempt to ensure the TFWA World Exhibition & Conference could take place,” said TFWA President Alain Maingreaud. “Since making those changes, we have monitored the situation daily, and been in constant contact with our members and partners. The way in which the situation has developed, with the economic impact of the crisis becoming increasingly serious amid continuing uncertainty over restrictions on travel, has forced us to review our plans.
“The Management Committee was unanimous in its decision to cancel the 2020 edition, and in its desire for the Association’s events to play a central role in the industry’s recovery from 2021.
THE WHY? A press release issued by the organisers attributed the cancellation to the ‘devastating impact of the COVID-19 on its members, exhibitors and the duty free and travel retail industry as a while.