Our take: The 2018 Trinity Forum in Shanghai drawing travel retail industry players... | --------------
The global travel retail market, encompassing airports, ‘downtown’ stores and cruise ships, is expected to reach $85 billion by 2020, up from approximately $70 billion in 2017, according to Generation Research.
As the industry grows, tremendous opportunities are springing up for brands and retailers. But the whole sector–dominated, say some insiders, by a conventional mindset toward operations—urgently needs to play catch-up in the age of the e-commerce behemoths.
The 2018 Trinity Forum, being hosted in Shanghai beginning Oct. 31 by influential travel retail publication the Moodie Davitt Report, will consider some of the pressing issues facing today’s travel retail industry players.
It’s no accident the event is in Shanghai. China represents the epicenter of 21st-century travel retail.
The explosion in Chinese outbound and domestic travel, linked to the strong national spend on premium and luxury brands has driven global travel retail for the past decade.
Attendees at Trinty can expect to hear from some movers and shakers in the global duty free and travel retail industry, including Colm McLoughlin, Executive Vice Chairman and CEO of Dubai Duty Free, which operates the biggest single airport duty free operation in the world, and Charles Chen, President of China’s travel retail powerhouse, China Duty...
thumbnail courtesy of jingdaily.com