The L’Oréal group, the historic marketplace leader in the Travel Retail beauty segment, announced right now that it is creating a Group Travel Retail Division. With 50% or far more of passengers not even entering the duty no cost/travel retail shops and only 9% buying confectionery, we see the category as a substantial chance!” continues Matt. They will travel most of the time to pay a visit to potential clients as properly as current clients.

We are especially focused on travel corridors that are frequented by buyers from important emerging markets. Operating inside this division offers you access to an unrivalled portfolio of brands that reflect our exceptional retail heritage. The altering profile of the travel shopper may possibly transform the travel retail market from 1 centered on luxury to one particular that caters to broader set of requirements.

LVMH is the only luxury goods player with considerable direct operations … Read the rest ...