TRBusiness’ flagship October issue and Top 10 International Operators report are now live and ready to read.

Featuring a combined 220 pages, the magazines bring you a variety of exclusive interviews and compelling features, news and analysis.

Both publications are available to delegates attending the TFWA World Exhibition and Conference in Cannes (22 September – 2 October) – simply collect your copies from the press racks in the exhibition hall.

Or, you can click the ezines and interact with the ‘plus’ and ‘play’ buttons to unlock additional content.

In the TRBusiness Top 10 International Operators report, we reveal that sales for the globe’s Top 10 international DF&TR operators totalled US$43.7 billion in revenue in 2024. As our introduction on page seven summarises, tender wins, new concessions and expansion activity have helped drive business forward, yet, the trading environment remains stubborn. You can read all about it in our dedicated coverage.

Click here to read the October 2025 issue

Click here to read the Top 10 International Operators 2025

Meanwhile, the October issue delves into the latest dynamics impacting stakeholders around the world.

As TFWA reminds us, the industry’s global conference in Cannes provides a welcome moment to pause before a busy week of meetings begins. It’s an opportunity to take stock of the changes happening all around us and what it all means for DF&TR.

Working on our flagship editions has brought into sharp focus how fascinating the landscape is for businesses: constantly shifting, full of distinctive challenges, yet also brimming with opportunity.

As we’ve gathered the content, our discussions with stakeholders have underscored how, with change the only constant, the work never ends.

Businesses are funnelling their time and resources into navigating shifting consumer sentiment and evolving market dynamics. While strategies vary, one thing is clear: every story shared can be a learning experience for others.

We hope you will find plenty of useful insights and intelligence in this issue, from our in-depth cover interview with Lagardère Travel Retail’s Frédéric Chevalier to our features on the new face of travel retail loyalty programmes, how luxury is transforming and our region-by-region news digests.

The TRBusiness team is on the ground in Cannes for the TFWA World Exhibition.

Circling back to the need to stay plugged in to consumer sentiment, our big celebration, the consumer-voted Global Travel Retail Awards ceremony, is taking place on 30 September at Hôtel Martinez.

Good luck to the finalists and be sure to stay close to TRBusiness.com for the winners’ announcement.

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