Global Travel Retail at Traveling

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Global Travel Retail. It is currently being valued at usd ~88 billion and is projected to skyrocket to usd ~154 billion by 2025. According to a report by goldman sachs, the prospects for the global travel retail industry are bright, as they expect to see a massive jump from today’s $89 billion to $149 billion by 2025.

Lagardère Travel Retail opens 891sq m Aelia Duty Free
Lagardère Travel Retail opens 891sq m Aelia Duty Free from www.pinterest.com

Duty free & travel retail is a global industry that generated annual retail sales of us$ 68.6 bn in 2017 and encompasses the sale of goods to international travellers. Global travel retail we manage the sales, marketing and distribution of the proximo brands portfolio to the global duty free and travel retail market. Substantial development of the travel & tourism sector, including medical tourism, fosters the demand for travel retail services.

Lagardère Travel Retail opens 891sq m Aelia Duty Free

Operating over 4.800 stores across travel essentials, duty free & fashion and foodservice in airports, railway stations and other concessions in 42 countries worldwide, we generate €2.9 bn sales in 2021 (managed 100%). Operating over 4.800 stores across travel essentials, duty free & fashion and foodservice in airports, railway stations and other concessions in 42 countries worldwide, we generate €2.9 bn sales in 2021 (managed 100%). Earlier this month, pernod ricard global travel retail (pr gtr) underlined its commitment to travel retail with its powerful presence at the moodie davitt virtual travel retail expo, where it was a platinum partner, fully embracing travel retail’s number one virtual event. Increase in travel & tourism has augmented the travel retail market demand for.