Page 1 - Special Issue Asutil Conference 2025

Special Issue
ASUTIL
CONFERENCE

June 2025

Argentina drives LATAM growth as economic cycle
heralds recovery INSIDE INSIDER

Juan José Sánchez Guinoza,
Chief Commercial Officer at
Aena Brasil reviews results
to date

Antoine Bona, VP of Sales at
ASUTIL Secretary General Carlos Loaiza-Keel kicks off the 2024 ASUTIL Conference in Bogota, Colombia. Essence Corp, assesses the
Last year’s ASUTIL Conference featured a full slate of informative panels with key industry stakeholders. Americas fragrance landscape
The cyclical nature of Latin Brazil is also outperforming On the Supply Side,
America’s economic landscape is expectations (econ report on Essence Corp Vice President
finally on an upswing once again, page 10), and travel is expected Antoine Bona and Pernod
bringing relief to the region’s to remain strong. In an exclusive Ricard’s Greg Ford, General
travel retail business as well. interview, Juan José Sánchez Manager, Travel Retail
Avolta, the largest airport Guinoza, Chief Commercial Americas, candidly assess
concessionaire in LATAM, Officer at Aena Brasil, which the marketplace in light of
reported an 11% increase in operates 17 airports in Brazil and tariffs and other challenges, Perfumes y Diseño
sales from Latin America in is the largest airport operator in and Spanish fragrance house strengthens presence
its Q1 2025 financial results, the country in terms of number of Perfumes y Diseño showcases throughout Americas with
heralding a turnaround bolstered airports and landing and take-off some of its fun, colorful and ambitious launches and
by macroeconomic improvements operations, talks with TMI about ambitious activations throughout activations
in the continent’s two major its results to date and its optimism the Americas.
economies, Brazil and Argentina. for the future (page 18). This year’s ASUTIL
Indeed, in his keynote speech In another exclusive Conference cycles to Lima,
at the Summit of the Americas interview, Marcelo Montico, Peru, in time to celebrate the
in March, LATAM expert John CEO of Neutral – Luryx in opening of the new US$2
Price argues that Argentina will Uruguay, details how parent billion terminal at Jorge Chavez
be driving growth throughout the company Top Brands International International Airport, another
region. Following the Draconian is entering Brazil through a positive step for travel retail Pernod Ricard unveils
fiscal measures imposed by major shopping complex in the in the region. Under the theme Royal Salute 21 Year Old
current Argentine President Javier Dreams theme park, a big retail of Nexus, the 2025 conference Rio de Janeiro Polo Edition
Gerardo Milei, Price says the and entertainment complex just represents the convergence of activations in Brazil with
country is ripe to receive billions outside the center of Foz do innovation, opportunity, and Avolta
of dollars of foreign direct Iguaçu, and how they plan to collaboration in duty free and
investments. See highlights from maximize penetration and spend travel retail. Plus Products-People-Places
Price’s presentation on page 16. (page 12). The Insider View
Lois Pasternak,
1 June 2025 ASUTIL Special Issue
Editor/Publisher