Blog: Bumpy landing for travel retail
Olly Wehring | 19 October 2009
Cannes in October. You'd expect it to be sunnier than the UK – and you'd be right.
There is, however, a bit of a chill in the air today (19 October) here in the south of France. For those heading to the annual TFWA World Exhibition, like ourselves, today brought UK passenger numbers that will cool any budding optimism among attendees.
According to the Civil Aviation Authority (CAA), the number of business passengers at Heathrow slid by 5% in 2008 as the economic downturn started to take hold in the last quarter of the year.
As all in the travel retail channel know, lower levels of business passengers means falling revenues for the airlines and lower sales going through the tills at airports.
What's more, the CAA numbers are for 2008 - the depth of the downturn since the turn of the year suggests 2009's numbers will be worse.
If you're here in Cannes, enjoy your week.
For those people looking to the Red Planet as shining utopia away from all things earth, look away now....
Bacardi's 42 Below vodka brand has found a novel way to use the lemons left over from cocktail-making: Turn them into liquid soap....
Philadelphia’s soda tax came into force on Sunday, and is reportedly causing a stir in the city's check-out aisles....
Earlier this month, I was most-kindly invited by Accolade Wines to visit the Royal Albert Hall in London. The reason? They wanted to see a tennis great in action, and then give them a guided tour thro...
- Most Valuable Spirits Brands in 2017 - The facts
- Most Valuable Beer Brands in 2017 - The facts
- What the future looks like for Australian wine
- Has the politics of M&A changed? - Analysis
- Interview, Fever-Tree's founders
- Coca-Cola Co announces senior executive shake-up
- Heineken sees Tesco pull SKUs in UK
- Baijius brand value overtakes whisk(e)y - figures
- Heineken releases colour-change bottles
- Fever-Tree eyes bumper NPD, pack formats for 2017
- Central and East Europe Report Package
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Global liqueurs insights - market forecasts, product innovation and consumer trends research