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ETRC Index sheds light on European gloomETRC Index sheds light on European gloom
Gavin Lipsith
15-Nov-2005
EUROPE. The first edition of the European Travel Retail Council's (ETRC) index of EU duty-free and travel-retail sales has confirmed a disappointing performance in the region during the past two years, with total sales growth consistently behind the increase in passenger traffic.
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The index, unveiled at the TFWA World Exhibition earlier this month, shows that tobacco and liquor are among the worst- performing product categories, with beauty and confectionery the only sectors
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