Letter From The Editor
Emerging markets
A
s we were going to press, Dufry’s breaking news came as a big bang. The operator signed and concluded a US$957 million investment in South America, comprised of four key acquisitions. These acquisitions include Interbaires, the leading airport retailer in Argentina, along with airport retail operations in Uruguay, Ecuador, Armenia and Martinique, as well as a wholesale platform. The new businesses add 21 shops to Dufry’s portfolio. The stores are located in 10 airports, and altogether take up a total retail space of around 13,500-square-meters. For details on these major acquisitions, read our top story. On the topic of the booming Latin American region, the ASUTIL conference, held in its new time slot in June, concluded on a high note in sunny Cancun. The number of attendees and the overall experience was above all expectations, and attendees are already anticipating the next conference, which will be held in Iguazu, Argentina. In new concept news, well known fashion accessory supplier Bijoux Terner has unveiled AdiXion. This stunning new retail concept presents a perfect solution for housing the company’s new brands under one roof. Debuting at the Miami International Airport, the store measures 47-square-meters. I also want to make mention of Parbel’s strategies and new launches, which never cease to amaze. To be able to sit with the company’s CEO Javier Labarta and feel the passion he has for his popular brands was truly exhilarating. Parbel, L’Oréal Group’s Americas division, continuously breaks new ground and you can hear what Javier had to say on pages 68 and 69. With all the positive vibes surrounding our issues, not to mention the launch of our Asia Duty Free & Travel Retailing TFWA edition, we are ready to enjoy the meetings and social events again! See you in Cannes. Kind regards,
The Americas Duty Free & Travel Retailing (ISSN 0962-0699) is published four times a year February/March, June/July, October, November/ December) by Global Marketing Company Ltd., 26 Pearl Street, Mississauga, Ontario L5M 1X2 Canada. It is distributed throughout Central America, South America, the United States, Canada, U.S. Virgin Islands, U.S. Pacific islands and the islands in the Caribbean. Subscriptions: $200 for one year. Art and photographs will not be returned unless accompanied by return postage. The views expressed in this magazine do not necessarily reflect the views and opinions of the publisher or editor. September/October 2011, Vol. 21, No. 3. Printed in Canada. All rights reserved. Nothing may be reprinted in whole or in part without written permission from the publisher. © 2011 Global Marketing Company Ltd. The Americas Duty Free & Travel Retailing 26 Pearl Street Mississauga, Ontario L5M 1X2 Canada Tel: 1 905 821 3344; Fax: 1 905 821 2777 www.dutyfreemagazine.ca PUBLISHER Aijaz Khan aijaz@globalmarketingcom.ca EDITORIAL DEPARTMENT EDITOR Hibah Noor hibah@dutyfreemagazine.ca CONCESSIONS, LIQUOR & TOBACCO EDITOR Ryan White ryan@dutyfreemagazine.ca ART DIRECTOR Patrick Balanquit patrick@globalmarketingcom.ca CONTRIBUTORS Andrew Brooks Zuhair Kashmeri Lorna Strickland-Cook James Ross ADVERTISING SALES
Hibah Noor Editor hibah@dutyfreemagazine.ca
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THE AMERICAS DUTY FREE & TRAVEL RETAILING SEPTEMBER/OCTOBER 2011
ADVERTISING & MARKETING MANAGER Kim Carrera kim@dutyfreemagazine.ca CIRCULATION & SUBSCRIPTION MANAGER Deepa J deepa@globalmarketingcom.ca