International
International

Duty free return looms as UK and EU agree Brexit deal on Christmas Eve

Great Britain and the European Union have announced a post-Brexit trade agreement just seven days before the end of the transition period. Having been locked in all-night talks, UK and EU negotiators rubber-stamped the deal today. As expected, duty free liquor and...

International
International

[UPDATED] Guus Jonge Poerink is new B&S MD for retail; Wiggers to move on

Global consumer goods distributor B&S Group has announced the appointment of Guus Jonge Poerink as Managing Director of its retail segment, effective 1 January. Jonge succeeds respected travel retail executive Peter Wiggers, Managing Director of B&S Group retail member Royal Capi-Lux (Capi), who will step down from his current position to take up a new role developing the Group’s marketing segment next year. TRBusiness has reached out to B&S Group for further information...

Asia & Pacific
Asia & Pacific

[Update] CNSC 'ready to open' in Hainan; awaits approval of offshore DF licence

The China National Service Corporation for Chinese Personnel Working Abroad (CNSC) has backed Hainan Island and its new offshore duty free policy...

Asia & Pacific
Asia & Pacific

China's gains 'instil confidence for industry rebound'

Duty free and travel retail leaders are unanimous that China’s impressive travel rebound offers distinct optimism for the future of the global...

Asia & Pacific
Asia & Pacific

Lagardère revels in imminent opening of new downtown duty free shop in Sanya

Lagardère Travel Retail has teamed up with Hainan Tourism Investment Development Co Ltd to open the second large-scale downtown duty free shop...

Asia & Pacific
Asia & Pacific

Covid-19: Lotte Duty Free opens online Luxe Mall to offload duty free stock

Lotte Duty Free plans to shift 2,000 clearance duty free skus from approximately 40 overseas brands via a new online store for Korean domestic...

The Americas
The Americas

[UPDATED] More Brazil border DF shops to open

Up to nine more Brazil land border duty free stores have been ised to open, after it was revealed that the outlets are in the...

Africa
Africa

Unboxed: Middle East & Africa consumer profiles

Eighty-one percent of travellers from the Middle East & Africa would be willing to travel again within the first six months after travel bans...

Europe
Europe

Proposal to scrap UK VAT RES and tax free airside sales ‘baffling’, MPs hear

Scottish National Party (SNP) MP for Paisley and Renfrewshire North Gavin Newlands has criticised the government’s decision to remove the airside...

International
International

TRBusiness presents new ‘TR Talent Pool Profile’ series: Jonathan Corbett

In the first of our new ‘TR Talent Pool Profile’ series, current Travel Retail Consortium (TRC) Chairman Jonathan Corbett tells TRBusiness how...

International
International

'The Sustainability Pitch': An industry-first recognition programme

TRBusiness is recognising and rewarding sustainable products and initiatives associated with the global travel industry through its latest...

International
International

Fresh Relay concept shows Lagardère's belief in ‘resilient’ travel essentials

Lagardère Travel Retail says it wants its Relay travel convenience shops to be more ‘customer-centric' and offer 'greater in-store flexibility...

Europe
Europe

Heathrow in legal action over UK tax free scrappage

London Heathrow Airport is priming a legal challenge against the government’s decision to abolish airside tax free sales and the VAT Retail Export...

International
International

TRBusiness launches petition to save tax free sales

TRBusiness is calling on travel retail stakeholders and consumers across the UK to back a campaign to reverse the government’s decision to axe...

Asia & Pacific
Asia & Pacific

Korean DF to continue offloading stock in USDT以太坊交易所官网下载home market after KCS decision

The Korea Customs Service (KCS) has announced it has extended assistance measures permitting duty free operators to sell surplus inventory in South...

Asia & Pacific
Asia & Pacific

Lotte prepares for return of Chinese travellers with Huabei payment tie-up

Lotte Duty Free says it is preparing for the return of Chinese travellers by introducing popular Chinese micro-loan payment service from Alibaba...

Asia & Pacific
Asia & Pacific

TFWA Asia Pacific event set to return in May 2021

The Tax Free World Association (TFWA) Asia Pacific Exhibition & Conference is to return in May 2021 (9 May to 13 May). TFWA said the event...

Asia & Pacific
Asia & Pacific

China Tourism Group Duty Free Corp net profits soar 142% in third quarter 2020

Net profits at China Tourism Group Duty Free Corporation (formerly CITS) increased by 141.9% in the third quarter (July-September) of 2020 to...

Asia & Pacific
Asia & Pacific

Hainan Island 'Golden Week' duty free sales jump 148.7% to $155 million

Chinese shoppers embarked on a spending spree on Hainan Island during the eight-day national holiday period (1-8 October), as duty free sales...

International
International

LVMH: Online sales offset store closures, but DFS still severely impacted

Leading luxury group, LVMH Moët Hennessy Louis Vuitton registered revenue of €30.3 billion in the first nine months of 2020, down 21%...

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International ,
International

Duty free return looms as UK and EU agree Brexit deal on Christmas Eve

Great Britain and the European Union have announced a post-Brexit trade agreement just seven...

International ,
International

[UPDATED] Guus Jonge Poerink is new B&S MD for retail; Wiggers to move on

Global consumer goods distributor B&S Group has announced the appointment of Guus Jonge...

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