What The New Year Will Bring For Travel Retail

Well… what a year 2014 has been! The year brought some significant challenges for our industry. These challenges have ranged from aviation issues (a missing Malaysia Airlines plane and a crashed Air Asia plane) through to the annexing of Crimea that triggered currency instability in Russia – a key nationality for some retailers. Of course, in reality, currency fluctuations are nothing new and they have a continuous influence on our channel 24/7, 365 days per year. The recent events have just given it additional focus.Despite all of these challenges, the industry remains resilient but there is still room for...

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