Despite Asia-Pacific declining by -22%, Lagardère Travel Retail lands softly in Q3

Kevin Rozario — Fri, 16 Oct 2026 22:50:18 +0000

Image Credit: Kevin Rozario

Lagardère’s Aelia retail brand at London City Airport.

Third-quarter 2026 revenue for global duty-free operator, Lagardère Travel Retail, reached €1,756m ($1,965m*) up +3.6% on a reported basis (+3.3% like-for-like (LFL)) amid continuing restructuring in Asia-Pacific. This led to the region posting a sharp decline of -22%, driven by a pronounced -59% collapse in North Asia.

The Asian contraction was a result of streamlining of...

m1nd-set to deliver data-rich keynote at TR Wellbeing Week – register today!

Faye Bartle — Fri, 16 Oct 2026 15:07:42 +0000

Image Credit: TRBusiness

The inaugural TR Wellbeing Week is just six weeks away and the live conference sessions are set to offer a wealth of actionable insights for travel retail stakeholders seeking to capitalise on the rise of the wellbeing category and related experiences in travel retail.

The keynote session on Tuesday 1 December, which is running from 10-10:45am, will see Dr. Peter Mohn, Founder and CEO of m1nd-set, give delegates a detailed look at key data points and how to leverage them.

“m1nd-set research shows that wellbeing has become a fundamental pillar of the modern travel experience, with 78% of international travellers expressing greater concern for their physical health and 71% reporting...

Babor steps up GTR expansion strategy following Travel Retail Awards win

Faye Bartle — Fri, 16 Oct 2026 10:29:42 +0000

Image Credit: Babor

Babor proudly showcases its Travel Retail Awards win on its stand in Cannes.

Babor is moving forward with expanding its presence in travel retail having recently emerged as the winner in the Best Skincare, Haircare, Bath & Body Product category at the 2026 Global Travel Retail Awards – the only consumer-voted awards for the duty-free and travel retail industry.

Introducing The Pulse: TRBusiness’ DF&TR intelligence newsletter

Faye Bartle — Fri, 16 Oct 2026 09:58:08 +0000

Image Credit: TRBusiness

Our updated twice-weekly newsletter, The Pulse.

TRBusiness’ popular twice-weekly newsletter has been renamed The Pulse, delivering a twice-weekly duty-free and travel retail (DF&TR) intelligence update direct to our readers inboxes.

“The new identity of our B2B newsletter for travel retail executives around the world better reflects its position as an authoritative source of the latest news, expert insights and analysis

“It reinforces our commitment to delivering trusted, relevant content that keeps...

Meridian Partners appointed exclusive GTR partner for Karen Wazen Collection

Faye Bartle — Fri, 16 Oct 2026 09:45:13 +0000

Image Credit: Karen Wazen Collection

Karen Wazen (centre) with Ziad Jabre, Founder of Meridian Partners (right).

Dubai-based business development and distribution company Meridian Partners has been appointed the exclusive global travel retail (GTR) partner for the Karen Wazen Collection.

It marks the first brand partnership for Meridian Partners, which was founded by Ziad Jabre, a travel retail executive with 24 years of industry experience.

“Karen Wazen Collection is exactly the kind of brand that can...

Extime Duty Free Paris & La Maison du Whisky team up on CDG T1 activation

Faye Bartle — Fri, 16 Oct 2026 08:44:38 +0000

Image Credit: Gwen Le Bras for Groupe ADP

The activation runs from 28 September 2026 to 4 January 2027.

Extime Duty Free Paris and La Maison du Whisky have joined forced to launch a ‘first-of-its-kind’ activation in Terminal 1 at Paris-Charles de Gaulle Airport.

Building on La Maison du Whisky’s existing presence in the boutiques of Paris airports, the new activation marks the 70th anniversary of the company.

It’s presenting...

APTRA shares full programme and speaker line-up for North Asia Forum

Tina Milton — Thu, 15 Oct 2026 15:31:18 +0000

Image Credit: Supplied by APTRA

Esther Lui, General Manager, Retail & Advertising, Airport Authority Hong Kong and Shalini Rao, Chief Marketing Officer, Bangalore International Airport Limited.

The Asia Pacific Travel Retail Association (APTRA) has revealed details of its programme and speaker line-up for the North Asia Forum, to take place on Thursday 12 November 2026 at the Hopewell Hotel in Wan Chai, Hong Kong.

Running from afternoon into the evening,...

The Macallan TIME : SPACE Sherry Cask debuts in Asia TR at Guangzhou

Tina Milton — Thu, 15 Oct 2026 14:44:37 +0000

Image Credit: The Macallan

The Macallan pop-up in T2 serves as a focal point of the activation.

The Macallan introduced TIME : SPACE Sherry Cask to Guangzhou Baiyun International Airport in partnership with China Duty Free Group (CDFG) this month, marking the expression’s first launch in Asia travel retail.

While the whisky is already available in selected travel retail locations, it was launched in the channel in Asia at Guangzhou...

PyD grows travel-retail presence in Mexico with Avolta

Tina Milton — Thu, 15 Oct 2026 13:29:24 +0000

Image Credit: PyD

PyD’s partnership with Avolta across Mexico is a significant development in its travel retail strategy,

Perfumes y Diseño (PyD) has partnered with Avolta to launch Tous Perfumes and Halloween Perfumes across 23 POS in airports throughout Mexico.

Mexico City, Cancún, Guadalajara and Monterrey were among the airports that introduced the fragrances in June, alongside other locations.

“Our collaboration with...

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