Duty-free faces greatest threat

16-Oct-2001

INTERNATIONAL. The duty-free industry is facing the greatest threat ever to its survival and prosperity as the crisis following the September 11 attacks on the US deepens. Observers believe the effects could last longer and hit the industry harder than the Gulf War in 1991 or intra-EU abolition two years ago.

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INTERNATIONAL. The duty-free industry is facing the greatest threat ever to its survival and prosperity as the crisis following the September 11 attacks on the US deepens. Observers believe the

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(28-Sep-2001) - INTERNATIONAL. The duty-free industry is already feeling the drastic effects of the September 11 terrorist atrocities in the US?but there are some encouraging bright spots. Retailers around the world are forecasting dramatic declines in sales, and many fear the situation could be as bad as during the Gulf War 10 years ago.
(28-Sep-2001) - DFNI assesses the damage the Gulf War inflicted on the duty-free trade?and finds there is room for optimism in the way it bounced back in late 1991 and 1992.
(3-Jun-2003) - Now that the effects of war in Iraq on the travel market are receding, and the threat of SARS is no longer accompanied by the widespread hysteria seen in recent months, the outlook for the trade for the rest of 2003 should be looking a whole lot brighter.