Page 1 - TFWA World Exhibition and Conference 2025
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Special Issue
               TFWA
       World Exhibition
          October 2025





        Challenging times in the Americas travel retail

        landscape, but optimism prevails                                                      INSIDE INSIDER


            Tariffs. Trade wars. Travel
        bans. Geo-political challenges
        abound throughout the world, and
        nowhere is this more evident than
        in North America.
            While Americans are
        traveling internationally at
        record rates, inbound travel
        to the U.S. has been declining
        for months in response to U.S.
        government policies. The fall-off                                                       Petrina Kho, Managing Director,
        in cross-border travel between                                                          L’Oréal Travel Retail Americas
        the U.S. and Canada has been
        particularly damaging. One land
        border shop has already closed
        after 40 years, with others in
        danger of joining it.
            Frontier Duty Free     Dior’s stunning summer activation at Montreal Duty Free illustrates how ARI North
        Association Executive Director   America is growing its Canadian business.  See story on page 18.
        Barbara Barrett talks with
        Travel Markets Insider about   and investment.            recently powered the launch    Jorbel Griebeler, Cellshop
                                                                                                 founder and president
        the danger facing its land border   Latin America is also on   of 24 Rouge Duty Free stores
        members and what measures    an economic upswing, bringing   throughout the region.
        they are asking the Canadian   relief to the region’s travel   Many brands are also
        government to take to support   retail business, which is also   weathering the headwinds well.
        them. Despite the dire situation,   enjoying booming investment and   Spanish fragrance house PyD
        Barrett is positive that the special   development.       celebrates a new CEO, new
        relationship between the two    TMI reports on how Cellshop  name, and a growing presence
        countries will prevail, and that   is transforming Paraguayan   in the Americas, and distribution
        this “moment in time” will pass   border shopping, Siñerez is   company Marivi launches
        and the business will return.  adapting to meet changing   the luxurious Clive Christian
            This optimistic theme    customer expectations, and   Perfumes into the Caribbean.
        is echoed by stakeholders    Avolta continues concession wins   Spirits are also learning
        throughout the industry. ARI   across the region.         how to work around the         Raymond Kattoura,
        North America General Manager   On the supplier side, Petrina   latest challenges. Duty Free   luxury entrepreneur
        Glen Morgan discusses how ARI   Kho, the new managing director   Global speaks to TMI about its
        is overcoming the challenges in   of L’Oréal Travel Retail Americas,  international approach, while
        Canada, while Executive Retail   shares her enthusiastic optimism   Blue Caterpillar, MONARQ
        Shops’ President James Mullaney   for the “bright” future of travel   Group and DISC delve into the
        reports that their business serving   retail if the industry works   regional aspect.
        private aviation passengers is   together.                   We hope that you enjoy
        flourishing.                    TMI also presents an      these, and many other articles
            Cruise retail – as seen in   exclusive interview with   with information critical to
        recent developments at Starboard   Raymond Kattoura, one of the   doing business in the Americas,   Marivi launches Clive Christian
        and Heinemann Americas -- is   most influencial travel retail   Inside Insider.          Perfumes in Caribbean
        also thriving, benefiting from   entrepreneurs in the Americas,
        an ever-growing increase in   who has helped shape the    Lois Pasternak,             Plus Products-People-Places
        cruisers, along with innovation   Caribbean luxury market and most  Editor/Publisher       The Insider View

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