The truth is that no-one knows what lies around the corner with this situation. It is a time to concentrate on the basics and no-one does that better than Dubai Duty Free.
All David would have needed to do to emerge triumphant would have been to ask Goliath to down a glass or two of Virtous and he would have fallen over unprompted.
“Steph has done it again! She has come so far. She has kicked herself back into life several times, has grown spiritually and still has a killer vibe!”
“The startling reality is that every 73 seconds an American is sexually assaulted – frequently involving the perpetrator’s misuse of alcohol,” says Pernod Ricard North America Chairman and CEO Ann Mukherjee.
The daffodil, not the Black Swan, should now become our metaphor.
I realised that in Clarins you have a group that can foot it with and sometimes excel the biggest (and boy are they big) and best beauty houses in terms of R&D, product creation, packaging, marketing, merchandising and CSR.
It’s sad and grim on every level. A time to buckle down as businesses, stay safe as individuals. It’s important to keep noting that the travel retail sector historically recovers quickly from crisis. It will again this time.
There are rocky weeks and perhaps months ahead for our industry but ultimately they pale in comparison to the human cost of such a crisis.
It seems just the other day that I wrote a news story headlined ‘Advent names Julián Díaz new Dufry CEO as acquisition is completed’. In fact it was 16 years ago, on my birthday (1 March).
I’m confused. Do I turn left (France) or right (Switzerland)? Well, as I always like to do the right thing, I’ll enter Switzerland.
The business empire that he built was worth an estimated US$100 billion. Yet 78 years earlier when he stowed away on a ship to Japan, all the young Shin had to his name was 83 Japanese Yen and a copy of The Sorrows of Young Werther.
It’ s a winning formula based on doing the simple – and not so simple – things well.
The volumes involved were well in excess of any allowance other than that perhaps of North Korean leader Kim Jong-un at Pyongyang Sunan International Airport arrivals duty free.