TRBusiness 90 Second News Update

By Faye Bartle |

Welcome to the TRBusiness 90 Second News update for 7 January 2026 – your weekly roundup of duty free and travel retail news, kindly sponsored by Coty.

Frédéric Chevalier to succeed Dag Rasmussen at Lagardère Travel Retail

Lagardère Travel Retail has confirmed that long-serving Chief Executive Officer Dag Rasmussen will retire from his executive responsibilities on 1 March 2026, marking the end of a leadership tenure spanning more than a decade at the helm of the business. Read more…

Avolta officially opens new stores at Kualanamu International Airport

Avolta has officially inaugurated its new duty free retail space at Kualanamu International Airport in Indonesia. Read more…

Lotte Duty Free unveils revamped Star Avenue at Myeongdong flagship

Lotte Duty Free has completed a full renovation of its Star Avenue cultural space at its Myeongdong flagship store, reopening the attraction with a renewed focus on immersive K-content experiences aimed at international visitors. Read more…

REVEALED: Travel Retail Awards APAC Finalists

TRBusiness and m1nd-set are thrilled to announce the finalists in the ninth edition of the consumer-voted Travel Retail Awards: Asia Pacific 2026. Read more…

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