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Nestlé celebrates a decade in travel-retail

Nestlé International Travel Retail (NITR) celebrated 10 years as a stand-alone business unit at the Duty Free Show of the Americas. NITR general manager Catherine Saurais outlined the “tremendous growth” in confectionery sales seen by the company over the past decade, particularly in South America. She said that sales in the region had increased five-fold despite currency devaluations in Brazil, Argentina and Uruguay. Saurais said she remained confident that the confectionery sector can overcome the “very strong adverse winds ahead” and made it clear that the company will do everything possible to drive the category forward.