Tourism
The latest news
Away launches outdoor-focused travel essentials line
Travel lifestyle brand Away announced on Wednesday the launch of a new line of outdoor-focused travel essentials.
Fashion
Estée Lauder opens new travel retail distribution hub in Switzerland
As global tourism flows resume after two years marked by the pandemic, the US cosmetics group has opened a new 28,000 m2 distribution centre in Switzerland.
Lifestyle
Estee Lauder opens dedicated travel retail distribution center
The Estée Lauder Companies (ELC) announced on Tuesday the opening of a new distribution center in Galgenen, Switzerland to support its global travel retail business.
Beauty
LVMH Beauty puts Philippe Farnier in charge of travel retail
After seven years with Rémy Cointreau, the French executive has taken the helm of the travel retail business for the luxury giant’s Beauty division. Farnier has a 30-year-plus experience in the luxury goods market.
Lifestyle
Camden Market owner plots £1.3bn sale - report
Major London shopping and tourist destination Camden Market is up for sale with a £1.3 billion price tag, according to a news report. The historic North London destination attracts around 30 million visitors a year.
Fashion
Louis Vuitton: Men’s fall-winter 2022 and the art of travel in Bangkok
Some six months after the passing of its menswear creative director, Louis Vuitton displayed another nine looks designed by the late Virgil Abloh in the house’s Fall-Winter 2022 Spin-Off Show of menswear held in Bangkok.
Lifestyle
Big luxury names still back physical retail, London, Paris, NYC are key
Major global brands will “continue betting on physical retail to drive sales in resilient destination cities”, a Savills report says. And it named New York, Paris and London as “the most attractive cities for retailers”.
Fashion
Luxe sector calls for return of UK VAT-free shopping as spending plummets
Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.
Fashion
Duty-free retailer Dufry's Q1 sales soar on post-COVID travel boom
Swiss duty-free retailer Dufry on Thursday posted 144.5% organic sales growth for the first quarter, supported by an uptake in travel in Europe and the Americas as coronavirus curbs were eased.
Lifestyle
Amazon to reimburse U.S. employees who travel for abortions, other treatments
Amazon.com Inc, the second-largest U.S. private employer, told its staff on Monday it will pay up to $4,000 in travel expenses annually for non-life threatening medical treatments including abortions, reports said.
Lifestyle
Fashion and luxury flock to the Venice Biennale
From Dior to Chanel, Bottega Veneta to Louis Vuitton, luxury houses and brands such as Diesel or Drome are multiplying their artistic initiatives in Venice, where the 59th Art Biennale has just kicked off.
Luxury
Faire heads downunder with Australia entry
Online wholesale marketplace Faire announced on Wednesday its entry into Australia, as the U.S. firm expands its global reach beyond North America and Europe.
Fashion
Hermès Q1 sales are strong, group is upbeat as US sales boom
Luxury giant Hermès was the latest big name to update on recent trading on Thursday and it reported what we’ve seen elsewhere so far this year — “strong sales momentum across all business lines in all areas”.
Luxury
Duty-free retailer Dufry expects to open 90% of sales capacity by April
Swiss duty-free retailer Dufry expects to reopen more than 90% of its sales capacity by April as travel rebounds from the pandemic slump, it said on Tuesday, after its 2021 turnover met its worst case scenario forecast.
Lifestyle
Hermès booms in 2021, couldn't meet demand in Q4
Hermès was the latest luxury group to signal a strong recovery on Friday with the French firm’s Q4 and full-year sales highlighting the resilience of the biggest global luxury names both during and after the pandemic.
Luxury
UK to lose top spot in European duty-free sales table
As retailers continue to campaign against the UK's changes to VAT-free shopping rules, new analysis from GlobalData claims Britain will lose its top spot in the European ‘duty-free’ market as spend falls 70% by 2025.
Fashion