TFWA – the Tax Free World Association, has voted Philippe Margueritte as its new president succeeding Erik Juul-Mortensen, who had declared that he would not be making himself available for re-election.

The TFWA President is responsible for overseeing all the Association’s activities and for ensuring that they are carried out in the best interest of TFWA’s members. The President is also responsible for executing Management Committee decisions and ensuring the proper functioning of the Association.

In accordance with TFWA’s statutes, the one-year mandate will run until December 2025.

“As my tenure as TFWA President comes to a close, I would like to take this opportunity to thank the TFWA Board, Management Committee, the permanent team and of course the members for their support over the years. It has been an absolute privilege to have served this dynamic industry. I trust that the Association will remain true to its values and motto ‘by the trade, for the trade’, and wish the Association all the very best as it now embarks on a new chapter,”  stated outgoing president Erik Juul-Mortensen.

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welcomes close to 6,000 delegates to Cannes

The 37^th TFWA World Exhibition & Conference drew to a close today, with the event hosting a total of 5,983 visitors up to midday on Thursday 6th October – a figure that is up 77% from 3,373 in 2021. The figure compares to 7,215 visitors at the equivalent point in the 2019 event, which was a record attendance.

This total included 2,095 representatives from duty free operators and landlords, more than double the 2021 total, and down by 12% compared to 2019. 1,179 delegates were in the audience for the TFWA World Conference, which took place on Monday 3rd October and saw TFWA President Erik Juul-Mortensen joined on stage by a selection of speakers from within and beyond the industry. 177 delegates attended the Airport Forum workshop, sponsored by Kering Eyewear, on Tuesday 4th October, while 123 attended the Innovation in Action workshop on Wednesday 5th October.

With a large number of brands hosting larger stands, this year’s exhibition occupied a total of 20,751m², up from 12,190m² in 2021. 387 companies exhibited, 57 of which were new exhibitors. These first-time exhibitors came from 8 sectors and from as far afield as Ghana, Saudi Arabia and Republic of Korea.

Having facilitated a total of 1,226 on-site meetings throughout the week, the TFWA ONE2ONE meeting service once again proved to be a welcome element of TFWA World Exhibition & Conference.

With innovation at the heart of this year’s event, TFWA i.lab offered delegates and participating companies a wide array of opportunities to connect and collaborate. Subjects including mobile and digital technology, data analytics, e-commerce, traveller research, sustainability and corporate citizenship, were explored during the event.

Well-attended social events once again confirmed that face-to-face networking opportunities remain a top priority for industry colleagues across all sectors. Hosted at the Carlton Beach 1,600 guests attended TFWA’s opening ‘Get Together’ event, while between 500 to 800 guests enjoyed the TFWA Lounge: after-work sessions and at the highest attendance peak on Wednesday night, 2,358 guests joined the TFWA Lounge: night-time session.

“In this, the 75th anniversary of the duty free industry, we’re very happy with the outcome here this week, in terms of exhibitors, square metres of stand space, delegates and buyers in attendance. A real mood of confidence has been confirmed by the conversations taking place around the event all week. We look forward to the future with confidence and by the time we are back here in Cannes next year I’m convinced we will be flying at full height once again.

We closed our books today, and thanks to our prudence in the past, our finances are in a strong position. We are well placed to continue supporting the industry going forward to next year and beyond,” stated Erik Juul-Mortensen, TFWA President.

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The Estée Lauder Companies opened of its new, state-of-the-art distribution center located in Galgenen, Switzerland, to accommodate the dynamic and future growth of its global Travel Retail business. Travel Retail, which covers the world of duty-free environments including airports, downtown locations, airlines, cruises and border shops, is one of the company’s highest growth channels and touches over 3 billion consumers a year. This new 300,000 square foot facility expands upon the company’s existing distribution footprint in Switzerland and will enable ELC to remain at the forefront of delivering its prestige beauty products and high-touch services to traveling consumers around the world. The center is equipped to support the continued growth of Travel Retail and will further drive the company’s sustainability efforts.

Umair Ansari, VP/GM, Travel Retail EMA, Fabrizio Freda, President and Chief Executive Officer, Jane Lauder, EVP, Enterprise Marketing and Chief Data Officer, and Roberto Canevari, EVP, Global Supply Chain cut the ribbon at the new Galgenen distribution center. (Photo: Business Wire)

Fabrizio Freda, President and Chief Executive Officer, Israel Assa, Global President, Travel Retail Worldwide and Roberto Canevari, Executive Vice President, Global Supply Chain hosted the opening ceremony with Nadine Graf, Senior Vice President, General Manager, Europe , Middle East , and Africa (EMEA), Maike Kiessling, General Manager, Switzerland , Jamal Chamariq, Senior Vice President, Global Supply Chain, EMEA and Travel Retail Worldwide and Sascha Trabelsi, Vice President, Supply Chain, Travel Retail Worldwide. The opening ceremony was attended by special guests including retailers, suppliers, local government officials, media and ELC employees.

“Travel Retail continues to demonstrate its resilience, driving tremendous growth over the last decade for The Estée Lauder Companies. We remain extremely confident in the channel for the long-term, especially as travel restrictions ease globally and people start traveling again,” said Fabrizio Freda. “The opening of our new Galgenen distribution center will enable us to adapt even better to ever-changing retail needs and growth opportunities for the channel, and expand upon our existing distribution presence in Switzerland.”

The Estée Lauder Companies’ Travel Retail division is the market share leader in the channel within the total beauty category across skin care, makeup, fragrance and hair care¹. With a strong brand portfolio that resonates with consumers globally, ELC’s Travel Retail division continually demonstrates best-in-class marketing activations tailored to travelers’ needs, recruits new consumers and builds brand equity around the world. Accounting for 28% of ELC’s sales in fiscal year 2021, Travel Retail is uniquely positioned to win in this high growth environment with the company’s recent investment to expand its distribution network to meet the demands of the traveling consumer population.

“As we mark the 30^th anniversary of The Estée Lauder Companies’ Travel Retail business, we are incredibly proud of our track record of exciting and delighting travelers all over the world with our exclusive products and high-touch experiences for the Travel Retail industry and having made the channel an integral engine of growth for ELC,” said Israel Assa. “As we look to the future, this investment here at Galgenen is a testament to our belief in the long-term growth potential of this channel and that by investing in these capabilities and with our retailers, we can capture the next generation of growth in this dynamic, prestige marketplace.”

The Estée Lauder Companies has a long history of success within Switzerland , opening its affiliate office more than 55 years ago and its first manufacturing plant more than 45 years ago. As the fifth largest employer in the canton of Schwyz , ELC prides itself on its inclusive and collaborative culture, competitive compensation and benefits, career development opportunities, commitments to health, safety and sustainability, and high-performance. The company currently has four distribution centers in Switzerland . Switzerland is also home to ELC’s EMEA and TR Supply Chain Management Hub in Wollerau, which drives agility, speed, and collaboration across our EMEA and Travel Retail supply chain teams. With the addition of the new facility in Galgenen, the Travel Retail business will double its total output capacity, enabling the flexibility necessary to adapt to the channel’s high growth potential.

“Galgenen will serve as a cornerstone of The Estée Lauder Companies’ agile, global fulfillment network,” said Roberto Canevari. “This distribution center will not only significantly enhance our capacity but enable operational efficiencies, speed-to-market and resiliency through innovative, highly automated equipment and technologies. Additionally, we are proud that Galgenen is also a shining example of ELC’s commitment to safety, quality, and sustainability.”

Galgenen will further advance the sustainability of ELC’s global manufacturing and distribution network and the company through its best-in-class environmental design and renewable energy efforts. The building’s design is based on the newest standards to reduce energy and water consumption. It features total LED lighting, an energy-efficient HVAC system and the roof’s solar panels generate 1600 kilowatts at peak performance (kWp). Furthering sustainability efforts, a comprehensive waste management system has been implemented to separate out numerous recyclables, with electric trucks ready for waste removal. As part of the recycling undertaking, wooden waste pallets will generate renewable heating energy. Worldwide, ELC is driving strategic initiatives to reduce its environmental footprint, integrate environmentally responsible practices and invest in innovative technology as part of efforts to not only provide consumers with transformative products and experiences, but also to contribute to the well-being of the planet.

ELC’s new, state-of-the-art distribution center in Switzerland will support the dynamic growth of the Company’s TR business.

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The following appointments will be effective May 1, 2022:

• Israel Assa, currently President, Commercial, Travel Retail Worldwide, will succeed Olivier and will be named Global President, Travel Retail Worldwide. He will be based in New York and will report directly to Peter Jueptner, President, International. He will join the company’s Executive Leadership Team (ELT).
• Javier Simon, currently President, Travel Retail Asia Pacific, will succeed Israel, and will be named President, Commercial, Travel Retail Worldwide. He will report directly to Israel and will be based in Switzerland. He will join the company’s Executive Leadership Team (ELT).
• Andrea Dorigo, Senior Vice President, General Manager, Global Retail and Head of Commercial, North America, will continue to report directly to Mark Loomis, President, North America, for his Commercial, North America responsibilities, and will report directly to Peter for his Global Retail responsibilities.

“We are proud of the exceptional depth and quality of talent across the organization, and as Olivier steps into his well-deserved retirement, we are pleased to elevate Israel and Javier, two dynamic, internally-trained and highly experienced leaders into these roles of greater responsibility,” said Peter Jueptner. “ELC remains committed to investing in and growing our local and international talent around the world, particularly leaders like Israel and Javier, who have extensive first-hand experience in Travel Retail and deep global expertise across all aspects of prestige beauty.”

Please find further information about Israel’s and Javier’s respective appointments and Andrea’s updated matrix reporting line below.

Israel Assa Appointed Global President, Travel Retail Worldwide

With over 21 years of experience within The Estée Lauder Companies and Travel Retail, Israel Assa is renowned industry-wide as a passionate brand steward and brand builder who has continually championed innovation within the Travel Retail channel, making him uniquely qualified to lead ELC’s winning Travel Retail business.

In this role, Israel will lead The Estée Lauder Companies’ global Travel Retail business, which has grown from approximately 6% of ELC’s net sales in fiscal year 2004 to approximately 28% in fiscal year 2021.

Over the course of his career, Israel has held diverse roles across ELC’s Travel Retail business, touching all aspects of the channel as a Regional lead, a Brand lead and a Commercial lead. He has an intimate knowledge of how to bring together brands and retailers to develop locally-relevant consumer experiences, as well as scaling distribution to meet consumer demand.

In his most recent role as President, Commercial, Travel Retail Worldwide, Israel oversaw Travel Retail’s Regional businesses in APAC, EMEA, and Americas as well as created a centralized Center of Excellence in Switzerland to enhance the organization’s service to global and regional retailers. Since taking on this position in 2019, Israel has overseen tremendous growth within The Estée Lauder Companies’ Travel Retail business and has acted as a steadying force throughout the volatility of the global pandemic.

A change champion, under Israel’s leadership Travel Retail’s Regional organizations have focused on building new capabilities, simplifying processes, and investing in learning and technology to set up Travel Retail for sustainable, long-term success. This approach has paid off with ELC not only maintaining the top market share position during the pandemic¹, but the company is also well positioned to capture consumer spend when global international travel returns.

Israel joined The Estée Lauder Companies in New York in 2001 as Executive Director, Travel Retail Marketing, and moved to Miami as Vice President and General Manager, Travel Retail Americas, in July 2006. In 2014 Israel was appointed Senior Vice President and General Manager, Estée Lauder, Travel Retail Worldwide until taking on the role of Senior Vice President, Business Operations, Travel Retail Worldwide, in 2016.

A champion of the company’s values of Inclusion, Diversity, and Equity, Israel has played an active role in the creation of Travel Retail’s learning and development program with Florida A&M University, a top public Historically Black College/University (HBCU) in the United States,² to build the next generation of Black beauty talent in Travel Retail. He is also a member of the advisory board for The Estée Lauder Companies’ Hispanic Connections employee resource group, that aims to strengthen the company’s position within the Hispanic and Latino marketplace and community as well as focus on the professional growth of group members.

A Cuban American and a native New Yorker, Israel holds his Master of Business Administration from NYU and a Bachelor of Arts in International Studies from The University of Michigan, Ann Arbor. He also is a graduate of the Advanced Management Program of the Wharton School, University of Pennsylvania.

“Israel’s deep understanding of our Travel Retail business, his longstanding relationships with retailers and airport landlords, and his passion for our consumer make him perfectly positioned to take ELC’s Travel Retail business into its next generation of growth,” said Peter Jueptner. “I look forward to working closely with Israel to drive this business forward in his new position as Global President, Travel Retail Worldwide.”

Javier Simon Appointed President, Commercial, Travel Retail Worldwide

A well-respected, driven, and innovative leader with a track record of building high-performing teams, Javier’s deep understanding of the Travel Retail channel, strong retailer relationships and global experience make him extremely well-suited to step into the role of President, Commercial, Travel Retail Worldwide.

In this role, Javier will oversee Travel Retail’s Regional businesses in APAC, EMEA, and Americas as well as the global retailer Center of Excellence in Switzerland focused on commercial and channel partnerships.

Most recently appointed President, Travel Retail Asia Pacific, in 2019, Javier has been a transformational leader, overseeing a period of tremendous growth. Under his stewardship, powered by the traveling Chinese consumer, the rise in online pre-order and a commitment to delivering the highest quality brand-building experiences, Travel Retail Asia Pacific has continued to excel, even in the face of the global pandemic. Javier’s ability to steer his team through the uncertainties of the global pandemic, pivoting their focus to Hainan and Chinese domestic travel have been critical to maintaining success for the channel and the company.

Javier’s passion for innovating the retail experience and meeting the consumer wherever they are in the journey, has enabled The Estée Lauder Companies to lead the way in transforming the Travel Retail channel. In taking key strategic bets such as embracing the potential of online pre-order and diversifying the company’s consumer messaging to highlight experience as well as value, Javier and his team have proven Travel Retail’s ability to deliver an omnichannel, brand equity-building experience.

Javier has continually pushed the boundaries to grow ELC’s business and win within Travel Retail. His cultivation of the company’s brand portfolio, from launching new brands in the channel to scaling and developing brands to new heights, has been critical in sustaining Travel Retail’s top market share position. Taking his experience in Asia Pacific, his strong retailer relationships, and ability to build diverse teams of change agents, Javier is well positioned to scale the growth created in APAC across all three Travel Retail regions to capture the traveling consumer as international travel returns.

A native of Venezuela, Javier joined The Estée Lauder Companies in 2000 as Regional Director for the Estée Lauder brand in Travel Retail Americas, and then went on to become Vice President and General Manager for Travel Retail Americas in 2001. In 2006, Javier was appointed General Manager for the Swiss Affiliate before returning to Travel Retail as Vice President and General Manager, Travel Retail APAC, in 2009.

Javier holds his Bachelor of Science in International Studies from the Universidad Central de Venezuela and an MBA from the Ecole Supérieure de Commerce de Paris. He also is a graduate of the Advanced Management Program of the Wharton School, University of Pennsylvania.

“Javier is highly respected by his teams and peers within the industry as an innovative leader who creates a culture of excellence,” said Peter Jueptner. “His track record of growth, deep Travel Retail knowledge, and respect for the global consumer will be critical to continually capture and scale the future potential of Travel Retail. I look forward to his success in this role.”

Andrea Dorigo to Continue to Report Directly to Mark Loomis for Commercial, North America Responsibilities, and Directly to Peter Jueptner for Global Retail Responsibilities

Andrea’s new reporting line to directly to Peter for his Global Retail responsibilities reflects the elevation of the company’s Global Retail business to International to support its continued actions to lead retail transformation at the global level.

“I look forward to partnering closely with Andrea to drive retail growth in the brands and across the enterprise through innovative thinking and disruptive growth models,” said Peter Jueptner. “Together, we will further strengthen the vision and strategy for the future of retail at our company.”

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Bond No. 9’s latest addition captures the

free spirit of New York’s dreamy wanderers.

Our great city—made of nomads from near and far—is back! Help us celebrate with the stunning new member of our tribe.

The newest member of our tribe features an exotic touch of the Mid East, but trust us, it smells just like home.

The city’s most branché neighborhood has a storied past. This fragrance speaks to the legendary opulence—past and present—North of Madison Square Park.

THE INSPIRATION

Renewal is in the air, and NYC has always been the epicenter of progress, evolution, and optimism. But perhaps no area in the Big Apple has been more emblematic of this than NoMad, one of the city’s oldest neighborhoods that has reinvented itself in so many incarnations it would make the Material Girl blush.

Long before New Yorkers were queuing up for their Shake Shack fix in the south end of the park, the city’s most elite residents flocked to NoMad in the mid-nineteenth century, paving the way for it to become one of Manhattan’s most fashionable neighborhoods and a showcase for French Renaissance revival and beaux-arts architecture. Then as is now, the area was also home to legendary hotels that became the “it” watering holes of the glamorous Gilded Age. The infamously luxurious Fifth Avenue Hotel built in 1859 became a staple, as did The Breslin (1904; now the Ace Hotel!) and The St. James (1874), among many others. And also, like today, NoMad hosted the town’s most fabulous restaurants, such as one especially rollicking incarnation of Delmonico’s where “Lobster Newburg” was born, and the Manhattan Club, which invented one of the world’s most popular cocktails… you guessed it, “The Manhattan.”

What goes up must come down, and the area experienced multiple metamorphoses, neglect, and old-fashioned hard times. Fast-forward to the Madison Square Park Foundation’s massive 2001 restoration project: As our favorite NYC neighborhoods so often do, the cat came back. The last two decades have sparked a frenzy for developers of chic hotels, restaurants, and grand residences, restoring the area’s reputation as the jewel of the Gilded Age into today’s hub of cool. In the words of our founder Laurice Rahmé, “This fragrance celebrates NoMad’s lifestyle and culture, but what it really and truly embodies is the past and present.”

THE COMPOSITION

NoMad’s beating heart is a strong, sensual, statement-making oud, a nod to the nomads of the Orient, but reimagined into what Rahmé calls “Americanized oud,” by adding modern fruity notes to the top instead of a traditional animalic, which is a unique presentation. Creamy pear and fresh black currant add a gourmand warmth, rounded out by luxurious amber and sandalwood, which gives this long-wearing juice as much staying power as NoMad itself.

THE PACKAGING

You want opulence? You got it. While the Moroccan-blue hue adds another allusion to the bohemian spirit of nomadic romanticism, a Gilded Age-era gold grid houses no less than 74 sparkling silver gems that shine as brightly as NoMad’s contemporary glass towers.

SUSTAINABILITY

Responsible packaging is a pillar of Bond No. 9, and we strive to offer consumers the option to choose without having to compromise on luxury. “The package-free initiative reflects our long-term efforts to build a beautiful and responsible brand and a beautiful city,” says Rahmé.

Bond No. 9’s iconic Silhouette Bottle is 100% recyclable and uses 50% recycled cullet during the manufacturing process.

NoMad may be purchased in traditional packaging or in our sustainable packaging.

AVAILABILITY

NoMad arrives on counter October 15, 2021 and will be sold at Bond No. 9 New York Boutiques, Saks Fifth Avenue nationwide, select Bloomingdales stores, Harrods UK, Selfridges UK and www.bondno9.com

Eau de parfum, 100 ml, $440

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Huda Beauty made its Asia Pacific travel retail debut last year with South Korea’s The Shila Duty Free.

Huda Beauty was founded in 2013 by beauty influencer Huda Kattan and has soared in popularity since. Huda Kattan has 48.4 million Instagram followers and 4.15 million You Tube subscribers. The brand offer stretches from false eyelashes to fragrance, eye shadow palettes to lipsticks and color cosmetics.

DFA noted that the fast-growing Huda Beauty brand has been very successful in its recent foray into the Asia Pacific region, adding, “This partnership with DFA will increase its footprint and expand the demand for its products in China, especially as more and more beauty influencers from China introduce Huda Beauty to their followers.”

DFA has over 180 duty free stores in the US and internationally. It has completed several major renovations and extensions of its Macau store, and, in a field of over 850 retailers, was the recipient of the Sands Venetian Macau 2018 General Retail Award for Best Store Performance.

The company unveiled its refurbished store at The Venetian Macao in September 2019.

Duty Free Americas Chief Executive Officer Jerome Falic said: “We are thrilled to have Huda Beauty join our world-class line-up of luxury beauty brands in what we consider to be the single best location in all of Macau.

“Huda Beauty’s entrusting us with the opportunity to become only the second travel retailer in the world to feature their products is a testimonial to the superb results we have achieved in our store at the Venetian Macau through a continuous remerchandising and remodeling strategy that revolves around product range and customer service.

“Approximately 20 million visitors pass our store each year, and we have every expectation that Huda Beauty will deliver a new and exciting shopping experience for our customers.”

Huda Beauty Founder Huda Kattan said: “Huda Beauty is all about inclusivity and empowerment, and we have absolutely loved seeing how beauty lovers from different backgrounds around the world have used our products to create their own version of our signature Huda Beauty look.

“As more and more beauty influencers from China introduce Huda Beauty products to their followers and fans, the demand for our products in the Asian market is rising. I’m excited to partner with DFA to continue reaching these consumers and beyond.”

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