Latin America And Caribbean News

(15-Nov-2005) As DFNI went to press the management board of state-owned Panamanian airport authority Tocumen was due to meet to discuss changes to the duty-free tender announced last month (DFNI November 1)

(15-Nov-2005) ST MAARTEN. Princess Juliana International Airport has announced the first winners in its multiple tender to run retail in its new terminal

(15-Nov-2005) PANAMA. The board of Panama City International airport authority Tocumen was scheduled to meet as DFNI went to press to discuss changes to the tender for the duty-free concession at the airport (DFNI November 1). The meeting follows pressure from local duty-free operators and incumbent concessionaires

(15-Nov-2005) JC Newman has added the Luis Martinez Silver Selection range to its growing portfolio of value cigars

(15-Nov-2005) Representatives from regional travel-retail associations urged delegates at a tobacco workshop at TFWA World Exhibition to take local action to ensure that governments do not make further restrictions on duty-free sales of tobacco products

(15-Nov-2005) BARBADOS. The long-delayed result of the duty-free tender at Grantley Adams International airport in Barbados will be decided shortly, with Aer Rianta International (ARI) and Duty Free Caribbean expected to be the main winners

(8-Nov-2005) Following pressure from local operators, Panama City airport authority is to discuss changes to the tender conditions it announced last month

(1-Nov-2005) Some of the biggest retailers in the industry have changed hands in recent years, with strong outside interest driven by the perception that travel-retail is about to enter an upward stage in its business cycle. Here DFNI summarises some of the biggest deals since 2002

(1-Nov-2005) Swarovski has reported a rise in sales of over 40% in Latin American duty-free in the first nine months of 2005 and is confident that growth will continue in the final quarter of the year

(1-Nov-2005) JAMAICA. Representatives from the Jamaican duty-free industry are lobbying the country's government for a reduction in import tax and a complete liberalisation of the industry. Some fear that unless changes are made, retailers will be forced out of business