Finance USA

Aug 20 2019

Market insider




Market insider
Travel Markets Insider is the leading source of information on the Duty Free Markets of the Americas and the Caribbean.



Market insider

  • download the TMI 2019 Latin America magazine special edition.

    Diageo Global Travel to launch third Johnnie Walker Ghost and Rare

    Diageo Global Travel has announced the launch of Johnnie Walker Blue Label Ghost and Rare Glenury Royal in global travel retail beginning in October 2019. The limited edition Scotch is the third in a series of special editions crafted using irreplaceable “ghost” whiskies and other rare whiskies from the reserves used to create Johnnie Walker […]

    Halewood’s new Crabbie Single Malt Whiskey brand combines history and innovation

    Halewood Wines & Spirits will launch Crabbie Single Malt Scotch Whisky in global travel retail at the TFWA World Exhibition in Cannes. Crabbie, both a brand steeped in history and a new brand known for its innovation, introduced Crabbie’s Yardhead at a launch event in London last week. Established in 1801, John Crabbie & Co. […]

    Dufry accelerates global organic growth in H1 2019 despite challenging market in South America

    Despite the challenging economic situation in much of Latin America, Dufry posted steady turnover in the first half of 2019, growing 2.2% to CHF 4,180.1 million. Organic growth accelerated to +2.2% in HY 2019; with Q2 improving to +2.3%. This gain was followed by further improvements in the first weeks of July. On a like for like […]

    DFWC underlines need to refocus on customer satisfaction drivers with latest KPI Monitor

    The Duty Free World Council has called for more customer engagement in its latest DFWC KPI Monitor for Q2 2019. The report, which was produced for the DFWC by m1nd-set, shows steady growth in some of the key satisfaction drivers for duty free shoppers, with the global average up by one percentage point since Q1 […]

    Argentina’s economy lifting out of recession? Activity rises in May for the first time in a year

    Argentina’s economic activity rose for the first time in over a year in May, reported Mercopress this week. The 2.6% rise versus the same month a year ago topped even the most optimistic estimates from analysts, and broke a run of 12 consecutive months of falling economic activity, said the media site last Friday. The […]

    LVMH reports excellent 1H results

    Luxury products group LVMH Moët Hennessy Louis Vuitton, recorded revenue of 25.1 billion euros in the first half of 2019, up 15%. Organic sales growth was 12% compared to the same period in 2018. The United States, Asia and Europe saw good growth with, in particular, a rebound in France in the second quarter. Profit […]

    DFS presents “Your One-Stop Beauty Destination” at 6th annual First Class Beauty campaign in August

    DFS Group will transform 25 of its DFS and T Galleria by DFS stores into a whimsical wonderland of beauty treats this August during its sixth annual First Class Beauty campaign. The luxury travel retailer will bring the best of beauty to traveling customers and feature exclusive products and POS experiences from more than 40 […]

    Ottawa International Airport names SSP Canada and Paradies Lagardère Master Concessionaires

    The Ottawa International Airport Authority has named SSP Canada and Paradies Lagardère the Master Concessionaires for food, beverage, and retail. The YOW airport authority said that a key consideration in the decision was that Ottawa-Gatineau is reflected in the terminal offers. SSP Canada will add local Canadian brands Big Rig Brewery, Bridgehead Coffee, La Bottega […]

    City of Chicago selects firm to design new, state-of-the-art satellite concourses as part of historic $8.5 billion O’Hare 21 expansion

    The City of Chicago last week selected architecture firm Skid-more, Owings & Merrill, LLP (SOM) to lead the design of two new satellite concourses at O’Hare International Airport – an integral part of the airport’s $8.5 billion Terminal Area Plan expansion. Following a competitive process, SOM was selected to design Satellite Concourse 1 and Satellite […]

    Paradies Lagardère expands retail offers at Phoenix-Mesa Gateway Airport

    Paradies Lagardère has partnered with Phoenix-Mesa Gateway Airport (AZA) in Arizona to offer three new retail concepts that address traffic growth at the airport and meet traveler and airport employee needs. The new stores have been inspired by the beauty, culture and history of the region, says the company. “Paradies Lagardère has been a long-time […]

    LaGuardia: Delta’s first new concourse to open this fall with OTG and Stellar Partners

    The $8 billion construction of an entirely new LaGuardia Airport in Queens, New York – the first new airport in the U.S. in 25 years – achieved a major milestone with the opening of its first new concourse in Terminal B last December. The concourse features light-filled and spacious gate areas, locally inspired dining and retail, and […]

    Munich Airport International to manage new $2.7 billion EWR Terminal 1

    The Port Authority of New York and New Jersey announced this week that it has reached agreement with Munich Airport International GmbH (MAI) to operate the $2.7 billion Terminal One now under construction at Newark Liberty International Airport (EWR). EWR Terminal One LLC, a 100% subsidiary of MAI, will oversee operations, maintenance and concession functions […]

    Bacardi creates “Hacienda Patrón” with signature Tasting Bar at Cancun airport

    “Largest brand activation undertaken since Patrón Tequila joined the Bacardi portfolio in 2018” Bacardi Global Travel Retail has launched a Patrón Tequila tasting bar at Cancun International Airport designed to create a “home away from home” experience reminiscent of Hacienda Patrón in Jalisco, Mexico. The signature bar is the center-piece of a 5-year collaboration between […]

    Lancôme unveils new feminine fragrance Idôle

    Lancôme has unveiled a new feminine fragrance, Idôle, which Françoise Lehmann, Lancôme Global Brand President, said is created for a new generation of women. American actress, singer, and fashion authority Zendaya Coleman is the face of the new fragrance. The former Disney Channel-star was announced as a Lancôme ambassadress last March. Idôle, a musky chypre […]

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