Asian retailers thrive despite currency and LAGs concerns

Gavin Lipsith

12-May-2008

New airport terminals drive Asian travel-retail sales * Investment sparks optimism among retailers * Dollar weakness affects some retailers * European response to liquids issue criticised

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ASIA/PACIFIC. Research for this issue’s 35-page Asia/Pacific report reveals a regional travel-retail trade enthused by booming travel, ambitious infrastructure projects and a host of new opportunities on the horizon. The

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(27-Feb-2007) - The Asia Pacific Travel Retail Association has urged the region’s retailers to refrain from selling liquids to passengers transferring at European airports
(15-Mar-2004) - ASIA/PACIFIC. Fluctuations in the value of the US dollar, pound sterling and the euro are straining relationships between retailers and suppliers across Asia/Pacific
(8-May-2008) - Talks between Hong Kong and the EU are being hampered by the European delegation’s attempts to bundle the issue with other aviation negotiations
(5-Nov-2007) - Duty-free operators in the country have requested that the government moves on the liquids issue
(10-May-2007) - Just three days after implementing its liquids security policy at Singapore Changi airport, Civil Aviation Authority of Singapore – through the Asia Pacific Travel Retail Association – has urged retailers to ensure transfer passengers’ purchases are placed in sealed bags