TRBusiness 90 Second News Update
By Naomi Chadderton |
Welcome to the TRBusiness 90 Second News update for 13 May 2026 – your weekly roundup of duty free and travel retail news, kindly sponsored by Coty.
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Global DF&TR sales est. at $75.9m in 2025; APAC claims 40.2% market share
Global duty-free and travel retail (DF&TR) sales are on an upward trajectory and the Asia Pacific shopper continues to be a “major cornerstone” of the industry, said Sarah Branquinho in her inaugural welcome address as President of the Tax Free World Association (TFWA) at the TFWA Asia Pacific Conference 2026 in Singapore today (11 May). Read more…
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‘Quantum leap’ for Hyundai Duty Free at Incheon after DF2 stores open
Hyundai Duty Free says it is “preparing for a quantum leap” at Incheon International Airport (ICN) following the debut of its new DF2 stores on 28 April – and the retailer is targeting annual airport-wide sales of KRW1tr/$680m. The seven-year concession, covering cosmetics/perfumes and liquor/tobacco, gives the company the largest footprint among travel retailers at the busy South Korean hub. Read more…
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APAC’s $120 duty-free beauty customer: What they’re seeking and how to deliver
Curious, deal-driven, self-oriented and pre-informed – we paint a picture of today’s duty-free beauty buyers in Asia Pacific thanks to the latest data from m1nd-set. Read more…
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View now: May issue feat. Leading APAC Operators
Welcome to the May 2026 issue, which delves into key dynamics impacting the Asia Pacific travel retail environment, featuring our Leading APAC Operators report, as well as a special focus on beauty. Read more…
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Brand / Product,Stewart Dryburgh, GM, Nestlé International Travel Retail (NITR)
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