INTERNATIONAL. Welcome to the May edition of The Moodie Davitt Magazine: Digital Edition, in which we report on how aviation, tourism and travel retail markets are managing the impact of the COVID-19 outbreak.
Importantly, this edition leads with an upbeat message for the industry. In our cover story, China Duty Free Group (CDFG) President Charles Chen explains why he is optimistic about prospects for travel retail in China.
Domestic travel has resumed as the effects of the crisis ease, and the offshore duty free business on the resort island of Hainan is rebounding quickly. Chen outlines how CDFG plans to take advantage of that momentum with a series of exciting new developments – offering strong opportunity for brand partners.
We bring you the latest data on how China’s domestic market has recovered, courtesy of a new study by McKinsey & Company. And we publish updated forecasts on Asia travel and tourism through to 2024 – with Chinese outbound numbers predicted to return to previous trend levels by Q2 or Q3 2021.
Ever Rich Duty Free President Kevin Chiang talks about how his company and indeed wider society has helped to suppress the spread of COVID-19.
Aer Rianta International CEO Ray Hernan talks about the complexities of managing a global business, and asks just how consumers will react to changed shopping environments?
In a special section titled ‘Thought Leadership’, we feature a range of thinking around the new traveller mindset and the concession model, which we hope will provoke and stimulate readers.
Our Category Insight supplement homes in on the crisis’ impact on travel retail wines & spirits, with a survey of opinion from around the channel about protecting the business today and ensuring it can flourish tomorrow.
Please enjoy this edition of The Magazine, and most importantly stay safe and well.
