Our organization in the Pacific is aspect of the global Lagardère Travel Retail group. Relating his individual practical experience, Srinivas Reddy, professor of advertising and marketing at the Singapore Management University (SMU) and academic director of LVMH-SMU Asia Luxury Brand Research Initiative, says: I’ve asked downtown shops if I could complete and pick up my obtain at the airport exactly where they have an outlet, so I would not have to lug the item around and save me from filling out tax refund types, but they are not capable to do so.
So it really is basically a mixed image and last year travel retail for the initial time in much more than 20 years was obtaining a negative self development of two.three% in spite of a passenger development of far more than 6%. That’s currently very an alarming signal simply because travel retail was utilized to growing.
Travel Retail is a quick paced, entrepreneurial and self-sufficient environment and if you have a good, versatile, hands-on and committed strategy combined with the skills, education and encounter to match our specific job specifications we would enjoy to hear from you.
I feel there are quite a few great concepts in terms of shop design and style, all lately constructed shops look wonderful, no matter who they are constructed by. But I consider it is the integration of communicating with the customer and the full commitment of the landlord to genuinely bring an outstanding supply on the location.
In current years Paradies’ sales growth has largely outperformed passenger air traffic growth in the United States thanks to its recognized operational excellence, the improved diversification of its activities and the improvement of new ideas.