Our Chairman and CEO, Benjamin Vuchot, recently spoke at the Travel Retail Summit 2024 in a fireside chat moderated by Angela Farrugia, Founder of Brand x Society. Benjamin discussed how we have infused a pioneering spirit into our business since 1960, starting from a two airport stores, one in Hong Kong, the other in Hawaii, creating a collection of destinations within destinations around the world. “DFS is pioneering a new era of integrated retail that captivates shoppers with unparalleled diversity and innovation, revolutionizing the way people shop in diverse locales. As part of our integrated retail offering, DFS also partners with our brand partners to develop and execute dedicated campaigns focusing on a particular consumer sector, creating a sense of place for our brands to thrive in,” said Benjamin. He also spoke about our current presence in Macau and the future of DFS Yalong Bay, demonstrating DFS’ commitment to the long-term development of retail in exciting new markets with untapped potential. He expressed his excitement about exploring the possibilities of the Middle East and bringing DFS’ magic in bridging unexpected worlds. #DFS #TravelRetail #TheRetailSummit2024
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“We will grow in Italy” - Xavier Rossinyol, tells L'Economia del Corriere della Sera, about the Group's plans, with a particular focus on Italy. The Dufry-Autogrill business combination, paved the way for the largest travel experience player in the industry. "We are focusing on digital and we're accelerating [in Italy],” Rossinyol explained. "Digital transformation requires significant investment, but we are now in 75 countries and have more resources than before. We are constantly working to understand what travelers are looking for, what the new generations want, the brands they are interested in." "Italy is one of the markets where we have the whole offer - that is, travel retail, F&B and catering. It is a good example of what the group can still do to grow.” Rossinyol commented. Read more here: https://lnkd.in/dtmGPnDS
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The CENTRAL AND EASTERN EUROPEAN TRAVEL RETAIL ASSOCIATION’s Travel Retail Forum in Warsaw addressed a number of regulatory issues, while data from m1nd-set showed a strong proportion of impulse buying in the channel. The event took place at Warsaw Chopin Airport on 26 October. Topics discussed included illicit trade, sustainability, and how geographical indications (GIs) can boost retail. Read more below... #ceetra #ceetraforum #centraleurope #easterneurope #warsaw #conferences #ceetraforum #shoppingtrends #consumerinsights #travelretail #dutyfree #trbusiness
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What are the next co-brand steps for airlines? Co-brand partnerships in their most simple form can be defined as a collaboration between two distinct brands, to create a mutually beneficial product or service that leverages the strengths and customer bases of both entities. For decades banks have invested heavily in developing co-brand partnerships, particularly in the travel sector as cash and travel are universal and have synergy. The common denominator being the traveler of course. Whilst traditional co-brands have been predominately between banks and airlines in their home markets, there are some airlines who have ventured out and set-up partnerships in overseas markets like #emirates #qatarairways #lufthansa #singaporeairlines #airfranceklm and #cathaypacific to name a few. But with the digitalization of pretty much every industry and the reality that co-brands as a channel can now be accessed by pretty much any vertical are we likely to see such a dominance in other sectors? Retail partnerships are quite common, but there are not many instances where airlines have entered into a big co-brand partnership with a leading retail brand. Co-branded retail partnerships in away markets could lead to expanding customer base, cross promotion opportunities and enhancing the loyalty proposition creating greater member stickiness. But maybe this is because whilst airlines and banks think and act globally retailers and brands are more silo orientated when it comes to these kinds of opportunities. That said, many global brands have embraced tactical co-brand opportunities such as Apple Watch's collaboration with Hermès, the luxury fashion brand and the collaboration between Bentley and Breitling, the Swiss luxury watchmaker, for co-branded timepieces. Whilst travel is a proven channel for co-branding, it would appear the fusion of high-end tech with and luxury is also a well-trodden path. What I’m keen to explore through this post is are co-branded partnership the exclusive territory of high end aspiration and luxury or have we moved to a digital world where new opportunities can flourish? I would love inputs from the #loyaltycommunity and the #aviationloyaltyprograms in order to gain fresh insights with regard to the opportunities and challenges of getting into a retail co-brand relationships both in home and away markets. #Blockchain #Loyalty #cobranding #partnerships #value #profitability
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Travel Retail brands - what questions does this make you ask? - Which suppliers are driving this? 🍫 - What is the depth of discount being offered? ⬇ - Which mechanics are the most effective? 🔧 - How are deals being communicated in store? 💥 If you'd like the answers to these questions then get in touch. Pi Insight has the answers to these questions for all major airports across all global regions. #dutyfree #airportretail #travelretail
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There is no retail environment quite like the one in an airport, with a captive audience and a limited time. It is a space where magic can happen. But to make the most of it for your brand, you need to be in the right place, in front of the right consumers and in the right way. That starts with hearing about the locations that suit your brand as soon as they hit the market. Our e.ALERT service puts all that data in the palm of your hand, tailored to your specifications, and placing you in the driver's seat. Whatever your business model, knowing first is the best way to stay ahead. Find out more here: https://lnkd.in/gsymCBbJ #Insights #travelretail #FirstToKnow
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We were thrilled to have Performance Director Susanne Williams join the panel at Global Revenue Forum, discussing 'Resilience in the Luxury Market.' Here are her key takeaways: 💡Resilience means staying attuned to trends and maintaining a forward-thinking strategy, adapting swiftly to dynamic market environments. 📲 Recognising the potential of AI is crucial; however, only a few are fully leveraging its power in day-to-day hotel operations. 🛍 There's a significant opportunity for hotels to glean insights from the retail sector, as highlighted by Guy Barnes from Sabre Corporation. Embracing #ecommerce strategies can enhance online sales and overall performance. Get in touch with Susanne Williams if you’d like to find out more. We'll see you at GRF25. 👋 Catt McLeod FIH Christina Deeny, Martine de Geus and Linden Beattie | Hilton London Bankside Billy Mohan | Kasia Serafin | Lydia Reed #RetailMindset #GiftVouchers #LuxuryMarket #HospitalityInsights #GRF24 #HumansOfHospitality
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Despite a tourism rebound in most of APAC, retail must raise its game if the sector hopes for a full recovery. Contact Savills Consultancy Services http://savi.li/6045iZ5A9 to find out how offline experiences, concept stores and catering to consumer demand can maximise investments, and are shaping up to be the future of retail. #RetailInvestment #RetailTrends #commercialrealestate #SavillsConsultancy
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