Philip Hancock joins IAADFS board

The International Association of Airport and Duty Free Stores (IAADFS) has appointed Philip Hancock to its board of directors. Hancock has worked as chief financial officer (CFO) for Three Sixty Duty Free since April 2018. He first joined the firm as chief accounting officer in April 2017. Hancock, who is also a board member of Hand in Hand for Haiti, said: “I am grateful to be in a position where I can contribute towards effecting…

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Bacardi highlights maturation in travel retail

Puerto Rican rum brand Bacardi has partnered with Duty Free Americas to launch a maturation-focused activation at Miami International Airport. The pop-up travel retail boutique will educate consumers about the brand’s ageing processes, and give travellers the chance to sample Bacardi-based cocktails, taste spirits in the brand’s range and personalise gifts. Geoff Biggs, regional director Americas, Bacardi Global Travel Retail, said: “Creating stand-out memories for travellers is at the heart of this Bacardi campaign. We…

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Key factors shaping global travel retail

The global travel retail market is in a unique position to capture the attention of billions of consumers. As well as opportunities, the sector also faces challenges, as we highlight in this report. Success in global travel retail (GTR) is inextricably tied to people’s ability to both travel and spend, and is therefore at the mercy of volatile external factors – whether Brexit, political riots or the spread of infectious disease. At the same time,…

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TFWA visitor numbers soar 7% in record attendance

The TFWA World Exhibition & Conference in Cannes has reported record attendance for the 2019 show, with visitor numbers up 7% compared with last year. A total of 7,531 delegates attended this year’s event, which took place from 29 September to 4 October in the French Riviera town. In 2018, visitor numbers surpassed the 7,000 mark for the first time. The opening conference, which took place on Monday 30 September, also recorded the highest number…

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Pernod GTR boss: Adaptability is key in travel retail

Despite its challenges, travel retail is in a “much stronger” position to generate value growth than domestic retail, the CEO of Pernod Ricard Global Travel Retail has said. Speaking to The Spirits Business, Pernod Ricard Global Travel Retail (GTR) head Mohit Lal said GTR “performance has stayed strong” as traveller numbers continue to grow. According to recent Generation Research figures, the GTR market increased sales by 9.3% in 2018 to US$75.7 billion. Wine and spirits…

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