Global duty free and travel retail sales reached $68.6 billion in 2017, according to preliminary figures from Generation Research.
Confectionery plays an important role in helping attract customers to airport duty free outlets, according to a new study by the Tax Free World Association (TFWA).
Value for money is all imporant when it comes to duty free tobacco sales at airports, according to a new report.
Value for money remains a critical driver in the drinks sector and is key to increasing footfall, conversion and spend – according to the latest research from TFWA.
The global duty free and travel retail industry is on target to achieve projected annual sales of $64 billion by 2015, with Asia-Pacific leading the way, according to the Tax Free World Association (TFWA).
A new global travel retail organisation, which would help the industry lobby governments more effectively, is on the verge of being formed.