Dubai Duty Free Executive Vice Chairman and CEO Colm McLoughlin told me that the media exposure from two weeks of tennis last year was worth US$920 million.
“Airports are not just about numbers. They are about the hearts and minds of every single person who comes through our doors every day.”
How was it that I felt confident enough to take my cannabis oil home? Simple. It’s been stripped of the principal psychoactive constituent (the THC) and is every bit as legal as carrying a bottle of Johnnie Walker Black or 200 Marlboro Lites.
As a sector, travel retail is a serial offender. One that is contributing every day to the Atlantic turning into the Atplastic.
t’s a lovely traditional old hotel with an elevator that looks as though it was built in the 19th century but which might take until the 22nd century to get you to your floor.
“Of course. Come in.” He had the smile of a man who knew his ATV (average trim value) was about to soar.
People often ask me where I see the next big opportunity in travel retail. Which market? Which consumers? Which categories? Three days in the Philippines has helped shape my answers. Except I wouldn’t say ‘next’ opportunity. It’s here. It’s now. It’s happening.
Chinese tourism is booming and with it travel retail is on the up and up. But it’s not just about international tourism. Domestic travel, both by locals and foreigners, is also booming across this spectacularly diverse nation.
“When the wind blows,” was his evocative, very Chinese way of saying that big opportunity lies ahead and that CNSC must be ready.
Many commentators believe there may be truffle ahead in the Year of the Pig but to me that’s hogwash, the sort of prediction I might have made in my younger, rasher days.
I’ve been 32 years in travel retail now, the past 17 at The Moodie Davitt Report, and I can honestly say that I’m bringing as much energy into this one as I did all those years ago in 2002 when we set off on our journey.
“Hello Martin, it’s Isaac Giesen here.” “Isaac, where are you calling from?” “The Atlantic. From my rowing boat.” Get ready for a remarkable Podcast.
We are, above all, an information service. But we are one with a voice. Those factors collectively bestow responsibility on us. Our information must be timely, reliable, accurate. Our voice must be responsible, ethical and selective.