DFNI associate editor, ALISON FARRINGTON reports on the travel retail beauty opportunity for Chinese New Year
Chinese New Year is upon us and travel retailers across Asia have been creating special promotions designed to attract passengers for the biggest Chinese shopping opportunity of the year. Travel retail or duty free shoppers are big business. Often referred to as the ‘Sixth Continent’, in 2018 the global market was worth $79bn.
Beauty remains the biggest and fastest-growing product sector in travel retail, while Asia Pacific is the category’s main growth driver. In 2018 the region saw beauty sales grow 23.5% to a total of $31.5bn. Beauty and fashion accessories are the biggest pull for Chinese travellers eager to snap up seasonal limited editions at the airport. This year’s theme is Year of the Rat (sometimes interpreted as a mouse) and we’ve seen brands adopting characterful themes such as Rocket Rat and even Mickey Mouse. (more…)
Earlier this week, independent beauty brand Charlotte Tilbury made its airport retail debut at World Duty Free in London Heathrow. The week before, the eponymous brand was one of four indie beauty companies (alongside Anastasia, Hourglass and POLA) to be showcased within the DFS downtown store T-Galleria at Galaxy, Macau.
It’s about time these types of self-made or direct-to-consumer beauty upstarts joined the action within the travel retail space. (more…)
Here’s ALISON FARRINGTON’S latest monthly retail round up celebrating newness and innovation on the high street. Benetton is getting a reboot with a 90s nostalgia branding fest; Topshop is also dialling up a reboot for its Boutique collection; H&M’s latest Conscious Exclusive collection drops with new closed-loop fabrications and Uniqlo celebrates its LifeWear design principle with a Paris exhibition and pop-up
TOPSHOP REJUVENATES BOUTIQUE Topshop wants to put its premium Boutique line back on the shopping agenda for a new generation of customers that are probably more grown-up and discerning than the retail brand has been talking to in recent years. Boutique is now about a point of difference, global design director Anthony Cuthbertson told the Evening Standard: ‘We are creating perfect wardrobe staples for the contemporary woman,’ he says, adding that the brand will offer investment pieces that are built to last. (more…)
Here’s ALISON FARRINGTON’S latest monthly retail round up, celebrating experimentalism and innovation on the high street. H&M Studio drops with strong retro looks, John Lewis is all about Instagram influencers for its own-label brands, Sezane opens in London’s Notting Hill and & Other Stories gives us luxury hair vibes.(more…)