Q1: The Airport Authority of Hong Kong introduced a five-year inexperienced tranche in addition to three-year, seven-year, and 10-year notes to fund its deliberate growth. Dubai Obligation-Free reported an annual gross sales improve in 2022 of 78 p.c to Dh6.34 billion ($1.73 billion). Portuguese magnificence model Benamôr partnered with TAP Air Portugal.

Q2: Shiseido introduced the opening of recent shops for six manufacturers on the Haikou Worldwide Obligation-Free Metropolis. London Metropolis Airport introduced that it could turn out to be the UK’s first worldwide airport to desert the 100ml liquid carry-on guidelines. La Prairie launched its first magnificence lounge at Sydney Worldwide Airport. Sasa introduced its plan to open 5 to seven new shops throughout Hong Kong and Macau in 2023. Lotte Obligation-Free misplaced out within the first spherical of bids for the operational rights of duty-free outlets at Incheon Airport.

XWELL debuted its AI-powered specific manicure at John F. Kennedy Worldwide Airport (JFK) in New York Metropolis. Lotte Obligation-Free launched a ‘hyper-personalized’ advertising drive powered by AI and large information. Helsinki Airport introduced it could finish travel-size bottle necessities for hand baggage by the summer season of 2023. The British Magnificence Council backed requires the UK authorities to reinstate VAT-free looking for worldwide vacationers. L’Oréal partnered with TripAdvisor to drive consciousness of the French magnificence large’s journey retail provide.

Q3: JCDecaux Transport, in partnership with Hong Kong Worldwide Airport, unveiled its debut metaverse. Offshore duty-free shops in China’s Hainan province reported a noteworthy gross sales income of CNY 32.4 billion for the primary half of 2023. Tencent introduced plans to make WeChat Pay accessible to overseas guests in China. Paris witnessed the relaunch of Dior’s Cheval Blanc spa expertise alongside the Seine. Dufry celebrated the opening of its first Haute Parfumerie retailer at Zurich Airport. Chile’s Ministry of Defence has issued an invite for bids for duty-free shops at Santiago Arturo Merino Benitez Airport. Emirates collaborated with Dior Magnificence and Davines to launch a singular magnificence hub for its cabin crew in Dubai.

Clarins launched Alipay+ to its places in Madrid and Barcelona. Sasa Worldwide reported a 30.9% improve in turnover for the quarter ending June 30. This uptick was primarily attributed to an increase in retail gross sales, alongside the resurgence of cross-border journey. Japan’s tax authority ordered Hankyu Hanshin Division Shops to pay JPY 200 million in gross sales taxes. Dufry revised its annual revenue projections following a notable efficiency within the 12 months’s first half, tied to a resurgence in world journey and development within the Asia-Pacific.

Shiseido launched a brand new WeChat platform to advertise Japanese magnificence to Chinese language consumers. Lancôme marked its presence in Brazil with the launch of a spa in São Paulo. Good Cote d’Azur Airport referred to as for tenders for its 28 shops throughout three terminals, that are devoted to scheduled and enterprise flights. Shilla Obligation Free and Estée Lauder hosted a digital magnificence class for the launch of Lauder’s Superior Evening Restore Rescue Resolution Serum. Puig unveiled a brand new journey retail hub for the Americas.

This autumn: China Obligation-Free Worldwide partnered with UnionPay Worldwide to provoke an All-in-One Procuring Rewards scheme in Hong Kong, Macau, and Cambodian shops. DFS introduced that it’ll open a seven-star retail and leisure vacation spot in Sanya, Hainan, China by 2026. Qatar Obligation Free named two new executives to its management crew. L’Oréal Journey Retail and Gebr. Heinemann introduced a partnership to boost sustainability practices inside journey retail.

In collaboration with Chanel, Shinsegae Obligation Free introduced the opening of the most important mega-beauty podium in Asia’s duty-free market. LVMH offered a majority stake in Cruise Line Holdings Co, the proprietor of Miami-based Starboard, to a gaggle of traders headed up by Jim Gissy. L’Occitane equipped for a Sol de Janeiro journey retail push with a model consciousness marketing campaign.