Category: Industry Trends

The travel retail industry has undergone significant changes over the last three years, largely driven by the COVID-19 pandemic. Some of the key changes include: Decrease in travel demand: The pandemic has significantly decreased travel demand, with many countries implementing travel restrictions and border closures. This has resulted in a sharp decline in the number…

The sale-on-return model for inflight retail involves airlines purchasing goods from suppliers, which can then be sold to passengers during the flight. If the goods are not sold, they are returned to the supplier and the airline does not need to pay for them. While this model may have some advantages, it also has several…

Duty-free retail is a highly competitive market, with many well-established brands dominating the space. However, there are still opportunities for innovative brands to make their mark in this industry. Here are some examples of innovative brands in duty-free retail: Beauty and Skincare: Brands in the beauty and skincare space can differentiate themselves by focusing on…

There are several reasons why cruise holidays have become increasingly popular in recent years: Convenience: Cruise holidays offer a convenient way to travel as they allow passengers to visit multiple destinations without the hassle of packing and unpacking, arranging transportation, and finding accommodation. All-inclusive packages: Many cruise holidays are all-inclusive, meaning that passengers can enjoy…

Duty-free retail display requirements may vary by country and region, but some common ones include: Product labeling: The products should be clearly labeled with their name, price, and origin. Security: Products should be displayed in a secure manner, to prevent theft or tampering. Lighting: Proper lighting is important to highlight the products and make them…

Duty-free pop-up stores are temporary retail spaces that offer a range of tax and duty-free products, including luxury goods, cosmetics, and alcohol. These stores are typically located in high-traffic areas such as airports and border crossings, offering travelers the opportunity to purchase items without paying local taxes or duties. Benefits of duty-free pop-up stores: Cost…

With Covid-19 restrictions lifted in most parts of the world, people are more excited about traveling in 2023 compared to this year despite the grim economic outlook. And for many, wellness or adventure is on the itinerary amid heightened spending awareness. While many travelers are willing to spend more “lavishly” to make up for lost time due…

The concept of the 3Ps (Planet, Profit, and People) is not a new concept in marketing terms, however since Covid turned the whole Global Travel Retail upside down, its relevance has massively increased.  Smaller brands and vendors operating in the travel retail industry and operating from one location may not realize the impact on their…

Selling (luxury) brands in duty-free retail is a different value proposition than in reputed concept stores in a mall or the main shopping street of your nearest city.  Research shows that most travelers have money to spend and due to the environment of duty-free, are likely to be in a mindset of spending, just as…

France Tourism Minister said that opening data showed that the summer of this year proved to be “exceptional”, with 35 million French people embarking on holidays, or seven out of 10 compared to about 60% last year.