Q1: The Airport Authority of Hong Kong announced a five-year green tranche as well as three-year, seven-year, and 10-year notes to fund its planned expansion. Dubai Duty-Free reported an annual sales increase in 2022 of 78 percent to Dh6.34 billion ($1.73 billion). Portuguese beauty brand Benamôr partnered with TAP Air Portugal.
Q2: Shiseido announced the opening of new stores for six brands at the Haikou International Duty-Free City. London City Airport announced that it would become the UK’s first international airport to abandon the 100ml liquid carry-on rules. La Prairie launched its first beauty lounge at Sydney International Airport. Sasa announced its plan to open five to seven new stores across Hong Kong and Macau in 2023. Lotte Duty-Free lost out in the first round of bids for the operational rights of duty-free shops at Incheon Airport.
XWELL debuted its AI-powered express manicure at John F. Kennedy International Airport (JFK) in New York City. Lotte Duty-Free launched a ‘hyper-personalized’ marketing drive powered by AI and big data. Helsinki Airport announced it would end travel-size bottle requirements for hand luggage by the summer of 2023. The British Beauty Council backed calls for the UK government to reinstate VAT-free shopping for international tourists. L’Oréal partnered with TripAdvisor to drive awareness of the French beauty giant’s travel retail offer.
Q3: JCDecaux Transport, in partnership with Hong Kong International Airport, unveiled its debut metaverse. Offshore duty-free stores in China’s Hainan province reported a noteworthy sales revenue of CNY 32.4 billion for the first half of 2023. Tencent announced plans to make WeChat Pay accessible to foreign visitors in China. Paris witnessed the relaunch of Dior’s Cheval Blanc spa experience along the Seine. Dufry celebrated the opening of its first Haute Parfumerie store at Zurich Airport. Chile’s Ministry of Defence has issued an invitation for bids for duty-free stores at Santiago Arturo Merino Benitez Airport. Emirates collaborated with Dior Beauty and Davines to launch a unique beauty hub for its cabin crew in Dubai.
Clarins introduced Alipay+ to its locations in Madrid and Barcelona. Sasa International reported a 30.9% increase in turnover for the quarter ending June 30. This uptick was mainly attributed to a rise in retail sales, alongside the resurgence of cross-border travel. Japan’s tax authority ordered Hankyu Hanshin Department Stores to pay JPY 200 million in sales taxes. Dufry revised its annual profit projections following a notable performance in the year’s first half, tied to a resurgence in global travel and growth in the Asia-Pacific.
Shiseido launched a new WeChat platform to promote Japanese beauty to Chinese shoppers. Lancôme marked its presence in Brazil with the launch of a spa in São Paulo. Nice Cote d’Azur Airport called for tenders for its 28 stores across three terminals, which are dedicated to scheduled and business flights. Shilla Duty Free and Estée Lauder hosted a virtual beauty class for the launch of Lauder’s Advanced Night Repair Rescue Solution Serum. Puig unveiled a new travel retail hub for the Americas.
Q4: China Duty-Free International partnered with UnionPay International to initiate an All-in-One Shopping Rewards scheme in Hong Kong, Macau, and Cambodian stores. DFS announced that it will open a seven-star retail and entertainment destination in Sanya, Hainan, China by 2026. Qatar Duty Free named two new executives to its leadership team. L’Oréal Travel Retail and Gebr. Heinemann announced a partnership to enhance sustainability practices within travel retail.
In collaboration with Chanel, Shinsegae Duty Free announced the opening of the largest mega-beauty podium in Asia’s duty-free market. LVMH sold a majority stake in Cruise Line Holdings Co, the owner of Miami-based Starboard, to a group of investors headed up by Jim Gissy. L’Occitane geared up for a Sol de Janeiro travel retail push with a brand awareness campaign.
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.