Dubai Duty Free home delivery racks up US$13 million in sales
Dubai Duty Free racked up sales of approximately US$13 million via the home delivery service it set up in June, 2020, according to a report published by TR Business.
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Tokyo’s Ginza Six mall closes more stores as pandemic keeps shoppers away
THE WHAT? Ginza Six mall located in Tokyo has shuttered more stores due to the ongoing COVID-19 travel bans, with tourists and high-end consumers staying away from the shopping destination, according to a report by Reuters. THE DETAILS According to the mall, 15...
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Lagardère Travel Retail partners with Hainan Tourism Investment Development to open large scale store
Lagardère Travel Retail has partnered with Hainan Tourism Investment Development to open its second large-scale, Duty Free store in downtown Sanya.
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Pola bets on upswing in Chinese travel retail market with planned opening of 20 new stores
Pola is planning the opening of 20 new duty-free stores in China by 2023 end, looking to capitalize on the ongoing return footfall as international travel begins to resume, according to a report by Nikkei Asia.
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Lessons learned in 2020 – Retail
As pandemic-related closures forced us all off the high streets and onto the internet and essentially wiped out the travel retail channel, everything we thought we knew about shopping for beauty changed. For although online shopping has always been there, pre-Covid, the majority of beauty buyers still shopped in store. Accordingly, e-commerce development had lagged in recent years, leaving brands and retailers playing catch up.
CLICK HERE Dubai Duty Free marks 37th anniversary with 25% three-day discount
Dubai Duty Free has announced it is to celebrate its 37th anniversary by offering a 25 percent discount over the course of three days, from 18th-20th December, according to a report by TR Business.
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Kix Duty Free opens Kansai Airport store
Kix Duty Free has cut the ribbon on its first beauty-based store at Kansai International Airport’s Terminal 1, according to a report published by TR Business.
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Luxury warns Treasury: we won’t invest in UK if tax free shopping ends
A group of leading retailers and luxury brands have warned the UK Treasury that they will re-visit investment plans if the proposed abolition of duty-free shopping forges ahead, according to a report published in the Financial Times.
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Lagardere Travel Retail opens eight new stores in Chinese airports
Lagardère Travel Retail has cut the ribbon on eight luxury beauty and fashion stores in two major Chinese airports.
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Hermes announces return to growth in Q3
Hermes has announced that sales in the third quarter were up 7 percent at constant exchange rates yoy, driven by strong activity in the group’s stores, momentum in Asia and a significant improvement in all other geographical areas.
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