Articles tagged “retail”

Airlines

Swiss Tax-Free Airport Shopping Firm Sold for $2.6 Billion to Private Equity-Backed Buyer

Have you ever claimed your value added tax back for things you bought during a trip to Europe? Then you probably used a Global Blue Tax Free Shopping service. If your airport line was endlessly long, you'll be amused to know it took nine months for Global Blue's sale to happen.

Joshua Franklin, Reuters | 1 year ago

Business Travel

A Plunge in Tourism Is Hurting Luxury Retail in Europe

The fashion capitals of Paris, Rome, and Milan are awakening to a harsh reality. Chinese and other Asian tourists accounted for a crucial slice of the luxury retail sector’s sales in Europe before coronavirus, but those visitors aren't likely to return soon.

Silvia Aloisi, Francesca Piscioneri, and Christian Lowe, Reuters | 1 year ago

Luxury

Retail Giants Test Direct-to-Consumer Wellness Brands

It’s low-risk for big brands like Gap and Express to launch digital-native wellness brands considering the unfit state of brick-and-mortar sales. If these companies find success, other retailers may follow suit.

Leslie Barrie, Skift | 2 years ago

Luxury

CBD Beauty Coming to a Retail Store Near You

Some companies have started stocking CBD beauty products, even if it might be outside their wheelhouse. Given the hype around the trend, we can expect more partnerships between CBD and beauty brands to come.

Leslie Barrie, Skift | 2 years ago

Luxury

Luxury Travelers Want to Spend on Self-Care

There’s now a wellness-themed trip out there for almost every traveler’s wants, whether that’s an ultra-exclusive self-care summit or an intense hiking tour in a remote locale. So it comes as no surprise that the already booming wellness industry is now benefiting from people hitting the road.

Leslie Barrie, Skift | 2 years ago

Luxury

Even the Alcohol Industry Attempts a Wellness Makeover

It makes sense that the alcohol industry would want in on the wellness movement, considering it’s a sector that has everything to do with lifestyle. But it’s unclear if consumers will get on board with the repositioning or if they’ll just consider it a buzzkill.

Leslie Barrie, Skift | 2 years ago

Business Travel

Luxury Beauty Brands Make Over Airport Retail

Duty-free airport retail is an excellent way to reach coveted consumers. But airports also serve as the perfect global showcase for brands to test market products, try out new retail concepts, and build brand awareness among customers from emerging countries.

Laura Powell, Skift | 2 years ago

Luxury

7-Eleven Experiments With Health-Focused Store Concept

First, it was Whole Foods. Next came your garden-variety grocery stores offering up private-label good-for-you products. And now, even convenience stores like 7-Eleven and Wawa are the latest to jump onto the healthy food bandwagon.

Laura Powell, Skift | 2 years ago

Airlines

Singapore’s Changi Is Changing the Idea of What an Airport Can Be

An airport is hardly the place people want to come to and spend hours, but Changi Airport Singapore looks set to change all that when its Jewel project opens next month.

Raini Hamdi, Skift | 3 years ago

Free Read

Online Travel

New Skift Insights Deck: The Anatomy of the Upsell — Making the Most of Travel Transaction Moments

E-Commerce is a critical driver of travel industry business success. But despite all the time spent optimizing for online sales, companies aren’t paying nearly enough attention to a critical piece of the puzzle: their booking confirmation page. Our new insights deck examines how travel brands can make better use of this under-utilized e-commerce asset.

Rokt + Skift | 3 years ago