Trbusiness. The travel retail Trbusiness. The magazine for global retail and duty free professionals.F&A buyers ‘must consider new and relevant trends’
By Andrew Pentol |
Hazel Catterall, Director — Travel Retail at Harper Dennis Hobbs.
Despite the pain points around store closures opportunities exist for new fashion and accessories brands and operators to enter the market and capitalise on the current, heady appeal for athleisure, standout aesthetics, accessible price points and credible sustainability.
This is according to Hazel Catterall, Director — Travel Retail at Harper Dennis Hobbs, who in an insightful video for the TRBusiness May e-zine identifies four key takeaways for travel retail stakeholders in an embattled post-Covid environment.
Against a backdrop of travel retailers relinquishing standalone or multi-brand shops, including in fashion and accessories, and consolidating operations to focus on core categories, Catterall said: “The advice from us would be: There has to be some level of managed risk in the return, some element of the ‘open to buy’ which is dedicated to newness, brining new brands and freshness in.
“There are so many brands that buyers will want to experience, and we need to be a little braver in a managed way.”
Click here for the start of the fashion and accessories report in the May TRBusiness e-zine.
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