Page 1 - TFWA World Exhibit 2024 Special Edition
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Special Issue
               TFWA
       World Exhibition
          October 2024







        Travel Retail celebrates a year of milestones                                         INSIDE INSIDER



            What a year of celebrations!
        Not only is the industry’s global
        organization Tax Free World
        Association and Canada’s                                                                Canada’s Frontier Duty Free
        Frontier Duty Free Association                                                          Association turns 40
        marking 40th anniversaries,
        but iconic brands in the luxury
        sphere are commemorating
        histories that span centuries.
            The House of Rémy Martin
        is observing 300 years of
        “exceptional” cognac-making
        this year. The Macallan is
        honoring its 200 years with a                                                           Exclusive interview with
        series of activities including                                                          Heinemann Americas Managing
        the release of a very limited-                                                          Director Nicolas Hoeborn as the
        edition 84-year-old whisky.                                                             company celebrates ten years in
        And Montblanc is saluting the   Tequila helped to drive travel retail sales in 2023, reports IWSR. Pernod Ricard   the region
        100th birthday of its classic   Global Travel Retail (PR GTR) launched Código 1530 Tequila in travel retail this
        Meisterstück, which many   summer with a vibrant pop-up event at Terminal 4 in New York’s John F. Kennedy
        consider the quintessential   International Airport (JFK). See story on page 58.
        writing instrument, with a
        special film created by award-
        winning director Wes Anderson.    wave of upgrades and modern-  headlined by Hillary Rodham
            On a more contemporary   izations, are now looking at their   Clinton to an opportunity to say
        vein, beauty brand MAC,      concessions programs.        farewell to TFWA President Erik
        a mainstay of travel retail     TMI runs the latest news   Juul-Mortensen, who is stepping   Waldemar Behn prepares fifth
        shopping worldwide, this year   from JFK Terminal 6 in New   down. Erik—a founding      generation for leadership
        also turned 40.              York, as well as from Pittsburgh   member of the Association and
            As the industry gathers to   International Airport, where   a member of the Management
        celebrate TFWA’s milestone,   Bryan Dietz, senior vice    Committee since its inception,
        Travel Markets Insider also   president of Air Service and   has been President for more
        pays tribute to the Canadian   Commercial Development,    than half of the Association’s 40
        anniversary by spotlighting some   talks about how the concessions   years.
        key members of the land border   program has had to adapt to a   His influence has been
        organization.                new consumer as the airport   profound, and we at TMI thank
            TMI also recognizes the   transformed from a hub to an   him for his vision, his insights
        10th anniversary of Heinemann   origin and destination model.    and especially his kindness
        Americas, with an in-depth      We also run a cautionary note  and respect for the travel retail
        interview with Managing      from the Airport Restaurant &   community around the world.
        Director Nicolas Hoeborn, who   Retail Association warning that   Congratulations, Erik, on such
        discusses the evolution of the   operators are faced with daunting   an important legacy.  Hillary Rodham Clinton
                                                                                                headlines the 40th TFWA World
        company and its plans for the   challenges if the concessions   As always, we look forward   Exhibition Conference 2024
        future.                      model doesn’t change.        to seeing everyone in Cannes.
            In more recent developments,   Nevertheless, the 2024 Tax
        U.S. airports, which have been   Free World Exhibition will be a   Lois Pasternak,    Plus Products-People-Places
        undergoing an unprecedented   historic event, from a conference   Editor/Publisher         The Insider View



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