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<br /> Heinemann to<br /> debut in NZ at<br /> AKL from Q2<br /> Beauty brands<br /> reap rewards at<br /> Sanya Block C<br /> APAC intl. pax set<br /> to beat 2019 levels<br /> by 10% in 2025<br /> PRINTED LOCALLY<br /> - ESTABLISHED 1997 -<br /> HELPING THE INDUSTRY GROW<br /> MAY 2024<br /> Transformative year<br /> ahead for leading<br /> APAC retailers<br /> China-Thailand<br /> visa waiver offers<br /> boost to King Power<br /> Stakeholders set the<br /> stage for Golden<br /> Week in Hainan<br /> Ju Nam Kim<br /> Lotte takes reins as exclusive duty free operator at Gimpo departures... p56<br /> ALSO INSIDE<br /> INDIA FOCUS | APTRA COLUMN | DFS EYES MIDDLE EAST EXPANSION | TFWA ON<br /> APAC | EVER RICH DOUBLES DOWN ON SHOP UPGRADES & OPENINGS | ASIA PACIFIC<br /> TRAVEL RETAIL AWARDS | TR CONSUMER FORUM | MAVALA | NUXE | PEOPLE NEWS<br /> MOROCCANOIL.COM<br /> A WORLD OF OIL-INFUSED BEAUTY<br /> <br /> <a title="TRBusiness May 2024 page 1" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=1"> Heinemann to debut in NZ at AKL from Q2 Beauty </a> <a title="TRBusiness May 2024 page 2" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=2"> MOROCCANOIL.COM</a> <a title="TRBusiness May 2024 page 3" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=3"> A WORLD OF OIL-INFUSED BEAUTY</a> <a title="TRBusiness May 2024 page 4" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=4"> </a> <a title="TRBusiness May 2024 page 5" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=5"> WELCOME Welcome to the May issue A new dawn for</a> <a title="TRBusiness May 2024 page 6" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=6"> Contents TRBusiness Volume 27, Issue 4 May 2024 N</a> <a title="TRBusiness May 2024 page 7" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=7"> </a> <a title="TRBusiness May 2024 page 8" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=8"> Shinsegae Duty Free....... 81 Gebr. Heinem</a> <a title="TRBusiness May 2024 page 9" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=9"> </a> <a title="TRBusiness May 2024 page 10" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=10"> NEWS ROUND UP DFS Group's Yalong Bay project is</a> <a title="TRBusiness May 2024 page 11" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=11"> NEWS ROUND UP Heinemann Asia Pacific to enter N</a> <a title="TRBusiness May 2024 page 12" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=12"> WINNING THE CONSUMER VOTE TRAVEL RETAIL AWARDS </a> <a title="TRBusiness May 2024 page 13" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=13"> Lotte DF hosts largest ever online sales bonanza </a> <a title="TRBusiness May 2024 page 14" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=14"> NEWS ROUND UP 33 AAssiia PPacciifificc ppoopp--uupp</a> <a title="TRBusiness May 2024 page 15" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=15"> Alive launches Aviator consultancy Singapore-bas</a> <a title="TRBusiness May 2024 page 16" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=16"> </a> <a title="TRBusiness May 2024 page 17" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=17"> </a> <a title="TRBusiness May 2024 page 18" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=18"> THE BIG PICTURE 18 TRBUSINESS </a> <a title="TRBusiness May 2024 page 19" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=19"> Rituals to roll out relaunched Sakura line in Asi</a> <a title="TRBusiness May 2024 page 20" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=20"> </a> <a title="TRBusiness May 2024 page 21" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=21"> Sponsored by SUSTAINABILITY FORUM Unifree Duty </a> <a title="TRBusiness May 2024 page 22" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=22"> FOOD FOR THOUGHT: PLAYIN CHOC Sponsored by PLA</a> <a title="TRBusiness May 2024 page 23" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=23"> Sponsored by </a> <a title="TRBusiness May 2024 page 24" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=24"> TR CONSUMER FORUM TR Consumer Forum to unlock s</a> <a title="TRBusiness May 2024 page 25" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=25"> TR CONSUMER FORUM Leanne Nutter, Brand and Retai</a> <a title="TRBusiness May 2024 page 26" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=26"> TR CONSUMER FORUM 98% of delegates attending th</a> <a title="TRBusiness May 2024 page 27" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=27"> NEW PLANTSCRIPTION TM ACTIVE WRINKLE CORRECTI</a> <a title="TRBusiness May 2024 page 28" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=28"> 3-5 June 2024 | Jumeirah Creekside Hotel, Dubai </a> <a title="TRBusiness May 2024 page 29" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=29"> DIAMOND SPONSORS PLATINUM SPONSORS </a> <a title="TRBusiness May 2024 page 30" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=30"> ASIA PACIFIC TRAVEL RETAIL AWARDS 2024 Celebra</a> <a title="TRBusiness May 2024 page 31" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=31"> ASIA PACIFIC TRAVEL RETAIL AWARDS 2024 What it m</a> <a title="TRBusiness May 2024 page 32" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=32"> ASIA PACIFIC TRAVEL RETAIL AWARDS 2024 Best Elect</a> <a title="TRBusiness May 2024 page 33" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=33"> ASIA PACIFIC TRAVEL RETAIL AWARDS 2024 </a> <a title="TRBusiness May 2024 page 34" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=34"> ASIA PACIFIC TRAVEL RETAIL AWARDS 2024 Ltd. – Bo</a> <a title="TRBusiness May 2024 page 35" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=35"> </a> <a title="TRBusiness May 2024 page 36" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=36"> ASIA PACIFIC TRAVEL RETAIL AWARDS 2024 Norway Sa</a> <a title="TRBusiness May 2024 page 37" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=37"> Fashion Timepieces, Apple Bands & Accessories For</a> <a title="TRBusiness May 2024 page 38" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=38"> ASIA PACIFIC TRAVEL RETAIL AWARDS 2024 Toothpast</a> <a title="TRBusiness May 2024 page 39" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=39"> ADVERTISEMENT FEATURE New whitepaper sheds light </a> <a title="TRBusiness May 2024 page 40" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=40"> THE GLOBAL TRAVEL RETAIL</a> <a title="TRBusiness May 2024 page 41" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=41"> PLATINUM SPONSORS GOLD SPONSORS </a> <a title="TRBusiness May 2024 page 42" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=42"> TR CONFIDENCE TRACKER Industry optimism levels </a> <a title="TRBusiness May 2024 page 43" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=43"> TR CONFIDENCE TRACKER I'm optimistic,” he said. </a> <a title="TRBusiness May 2024 page 44" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=44"> TRIED AND TRUE</a> <a title="TRBusiness May 2024 page 45" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=45"> TFWA TFWA: Asia travel uptick will fuel growing</a> <a title="TRBusiness May 2024 page 46" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=46"> TFWA of Tuesday and Wednesday, rather than on th</a> <a title="TRBusiness May 2024 page 47" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=47"> TFWA social and governance (ESG) initiatives to </a> <a title="TRBusiness May 2024 page 48" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=48"> BUSHMILLS 15 & 21 YEAR OLD SHAPED ON OUR WILD</a> <a title="TRBusiness May 2024 page 49" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=49"> APAC PAX INSIGHTS Asia Pacific intl. pax forecas</a> <a title="TRBusiness May 2024 page 50" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=50"> APAC PAX INSIGHTS KEY PURPOSE OF PURCHASE </a> <a title="TRBusiness May 2024 page 51" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=51"> The LEGO® Botanical Collection Keep It Fresh wi</a> <a title="TRBusiness May 2024 page 52" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=52"> </a> <a title="TRBusiness May 2024 page 53" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=53"> </a> <a title="TRBusiness May 2024 page 54" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=54"> RESEARCH Asian luxury consumers swayed by homeg</a> <a title="TRBusiness May 2024 page 55" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=55"> Leading Asia Pacific Operators report Delve </a> <a title="TRBusiness May 2024 page 56" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=56"> LEADING APAC OPERATORS: LOTTE DUTY FREE Lotte i</a> <a title="TRBusiness May 2024 page 57" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=57"> LEADING APAC OPERATORS: LOTTE DUTY FREE its shar</a> <a title="TRBusiness May 2024 page 58" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=58"> LEADING APAC OPERATORS: LOTTE DUTY FREE </a> <a title="TRBusiness May 2024 page 59" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=59"> LEADING APAC OPERATORS: LOTTE DUTY FREE secure p</a> <a title="TRBusiness May 2024 page 60" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=60"> BOSS.COM BOSS BOTTLED THE NEW TRIUMPH ELIXIR</a> <a title="TRBusiness May 2024 page 61" 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2024 page 75" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=75"> LEADING APAC OPERATORS: AVOLTA </a> <a title="TRBusiness May 2024 page 76" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=76"> NEW AGE ALCHEMISTS EXPERTLY BLENDING BOTANICALS S</a> <a title="TRBusiness May 2024 page 77" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=77"> LEADING APAC OPERATORS: CDFG CTG Duty Free reve</a> <a title="TRBusiness May 2024 page 78" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=78"> LEADING APAC OPERATORS: CDFG Above:</a> <a title="TRBusiness May 2024 page 79" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=79"> </a> <a title="TRBusiness May 2024 page 80" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=80"> SIF JAKOBS JEWELLERY sifjakobs.com</a> <a title="TRBusiness May 2024 page 81" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=81"> LEADING APAC OPERATORS: SHINSEGAE DUTY FREE 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href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=102"> VISIT US AT THE TFWA ASIA PACIFIC EXHIBITI</a> <a title="TRBusiness May 2024 page 103" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=103"> LEADING APAC OPERATORS: THE SHILLA DUTY FREE Th</a> <a title="TRBusiness May 2024 page 104" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=104"> LEADING APAC OPERATORS: THE SHILLA DUTY FREE </a> <a title="TRBusiness May 2024 page 105" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=105"> BASEMENT 2 BOOTH L31</a> <a title="TRBusiness May 2024 page 106" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=106"> </a> <a title="TRBusiness May 2024 page 107" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=107"> LEADING APAC OPERATORS: EVER RICH DUTY FREE </a> <a title="TRBusiness May 2024 page 108" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=108"> LEADING APAC OPERATORS: EVER RICH DUTY FREE Sin</a> <a title="TRBusiness May 2024 page 109" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=109"> </a> <a title="TRBusiness May 2024 page 110" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=110"> LEADING APAC OPERATORS: EVER RICH DUTY FREE </a> <a title="TRBusiness May 2024 page 111" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=111"> LEADING APAC OPERATORS: EVER RICH DUTY FREE </a> <a title="TRBusiness May 2024 page 112" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=112"> </a> <a title="TRBusiness May 2024 page 113" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=113"> HAINAN Peak travel occasions create golden oppo</a> <a title="TRBusiness May 2024 page 114" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=114"> HAINAN “[We] a</a> <a title="TRBusiness May 2024 page 115" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=115"> </a> <a title="TRBusiness May 2024 page 116" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=116"> HAINAN Above: Vari</a> <a title="TRBusiness May 2024 page 117" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=117"> HAINAN our skincare and makeup franchises, cater</a> <a title="TRBusiness May 2024 page 118" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=118"> INDIA FOCUS Rise in disposable income and growi</a> <a title="TRBusiness May 2024 page 119" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=119"> INDIA FOCUS International Airport, recently anno</a> <a title="TRBusiness May 2024 page 120" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=120"> INDIA FOCUS Above: tr</a> <a title="TRBusiness May 2024 page 121" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=121"> OVER TO YOU Understanding the power and the pot</a> <a title="TRBusiness May 2024 page 122" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=122"> LUXURY BEAUTY IN APAC Tough times in 2023, but</a> <a title="TRBusiness May 2024 page 123" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=123"> LUXURY BEAUTY IN APAC Thomas Travis said the com</a> <a title="TRBusiness May 2024 page 124" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=124"> </a> <a title="TRBusiness May 2024 page 125" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=125"> LUXURY BEAUTY IN APAC respond to evolving market</a> <a title="TRBusiness May 2024 page 126" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=126"> LUXURY BEAUTY IN APAC brand, Dr. Ci:Labo, Michel</a> <a title="TRBusiness May 2024 page 127" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=127"> LUXURY BEAUTY IN APAC improving the convenience </a> <a title="TRBusiness May 2024 page 128" href="https://secure.viewer.zmags.com/publication/1bb6ebe8?page=128"> dare to glow dry touch finish oils, fa</a> <a title="TRBusiness May 2024 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