INTERNATIONAL. Welcome to the Interactive version of this special commemorative publication from The Moodie Davitt Report, in which we mark the 70th anniversary of duty free & travel retail.*
The airport duty free business was first brought to life at Shannon Airport in the west of Ireland in 1947. It was the brainchild of Brendan O’Regan, a visionary who spotted an opportunity to open a shop serving travellers flying between Europe and North America. His idea and its execution gave birth to the global industry that we know today.
In this book we trace many of the defining moments of the past 70 years. We tell the Shannon story itself, and the challenges involved in establishing this new trading channel. We outline how Shannon’s early success inspired others – from Panama to Paris – to embrace this new concept.
We track the industry’s growth trajectory from those early days through the 1960s and into the 1970s and 1980s, when the business we recognise today took shape. And we follow that journey through to the present day, highlighting the events that have shaped the business environment more recently. We focus heavily too on the individual corporate stories of the major actors, outlining how today’s power players emerged.
We also felt it was important to look forward, not just back. In the concluding chapter, we offer our own commentary on how the future might shape up. We also invited leading travel retailer CEOs and the major trade associations to comment on how they see the state of the industry today, and to assess what dynamics might drive the business forward in the next decade.
The Moodie Davitt Report is proud to bring you this special book, marking a milestone in our fast-paced and vibrant business, but one that faces uncertain times, especially in the face of increasing competition from the e-commerce channel.
We hope you find this title informative and enjoyable, and that it can play its own small part in inspiring the industry to new and greater heights.
*This anniversary edition is available both in hard copy and Interactive formats. Distribution of the hard copy printed edition is limited and copies can still be ordered via our pre-order form (see below) for €125 per copy (€150 including VAT for purchases made in the UK). The digital edition is sent today free to our entire mailing list.