The travel retail and duty-free market are on an impressive trajectory of growth, fueled by the allure of luxury goods and the increasing wanderlust of global travelers. According to the “Travel Retail & Duty-Free Market by Product, and by Distribution Channel – Global Opportunity Analysis and Industry Forecast, 2023-2030″ report by ResearchAndMarkets.com, this market is … Read more
The Swiss watchmaker’s signature store at Hamad International Airport is also the second best performing franchise boutique in the world, announced Qatar Duty Free, one of the largest duty free retailers in the world. Qatar Duty Free (QDF), boasting more than 90 elegant boutiques and luxury, high-end stores, announced that its TAG Heuer signature store … Read more
Chivas Regal’s biggest duty free exclusive launch in the brand’s history The Victorian-era brothers John and James Chivas started in the 1850s to blend high-quality, smooth-tasting whiskies for the affluent clientele on Aberdeen’s King Street. To honour their legacy, Chivas Regal launched Chivas Brothers’ Blend, a permanent 12-year-old whisky that intensifies Chivas Regal’s trademark flavour … Read more
Global sales of duty-free products (from cigars to perfumes in airports, ports and in transit) reached $46 billion in 2011, up a staggering 17.9 percent, calculated duty free analyst Generation Research. Generation Research President Yngve Bia told The Travel Retail Business magazine that preliminary global industry sales results for calendar year 2011 show a 17.9% … Read more