Travel Retail News - Inside Retail Philippines
Coach Asia Pacific has opened three travel retail stores, two in airports and one on a cruise ship.
Luxury goods retailer Richemont takes 5 per cent Dufry stake in US$470 million move into duty-free sector.
Furla Philippines has partnered with Landmark Management Services to open a store at Fiestamall, Manila.
UnionPay airport promotion upgraded, covering 100 airports internationally.
The Asian travel retail sector is missing out on opportunities to engage with shoppers and optimise sales.
Italian luxury company Furla Group has had another year of what it describes as “exceptional growth”.
China and South Korea were the top markets, along with the US, for Moncler last year.
Shiseido had net earnings of ¥32 billion yen (US$281 million) last year, but was hit by currency variations.
Outbound travellers from emerging Asian nations outnumber those from developed countries, a new report shows.
The luxury retail sector will grow next year – but at a disappointingly slow rate, according to the latest report from Euromonitor.
Duty Free Philippines Corporation (DFPC) has a new COO, Vicente (“Vico”) Pelagio Angala.
Korean retailers are scrambling to find ways of marketing to the growing number of Mainland Chinese tourists travelling alone.