Airports alcohol americas APAC APTRA Asia Pacific Aviation brexit Canada cannes cosmetics counterfeit counterfeiting DFWC duty free Economy EU Europe European Union fake free trade zones free zones ftzs illicit trade intellectual property theft international chamber of commerce itp Jesrsey LATAM Latin America luxury goods Media mislabelling Netherlands OECD Regulations roundtable Security smuggling Studies supply chain sustainability Tax tax free tfwa the economist tobacco Tourism Transport travel retail UK United Kingdom USA vat free world trade
Economic impact of duty free and travel retail in Europe
A 2016 report commissioned by the Duty Free World Council on the impact of duty free and travel retail in Europe. The report finds that in 2016 the duty free and travel retail industry was contributing around 6.5bn EUR to the European economy, and supporting over 100,000 direct jobs.
Economic impact of duty free and travel retail in the Americas
A 2018 report by the Duty Free World Council and Tax Free World Association examining the economic impact of duty free and travel retail for the Americas. The report finds In 2016, US$12.9 billion was spent on duty free and travel retail in the Americas. with nearly US$1.9 billion in the U.S. and Canada and US$4.8 billion in Latin America and the Caribbean, most of which was generated within airport terminals.
Duty free shops sell the world’s favourite and best known brands – from high luxury to everyday treats
Duty free and travel retail (often referred to collectively as DFTR) are unique retailing channels, not least because they operate exclusively in an international trading environment.
Why Illicit Trade is bad for everyone
Illicit trade is broadly defined as any exchange of goods or services that a national or international law maker deems to be illegal. The term encompasses counterfeiting, piracy and intellectual property theft, and plagues industries across the world.
ACI airport report: – economic impacts of non-aeronautical activities
Statistics released by Airports Council International (ACI World), culled from data from airports in all parts of the world in 2016, offer an intriguing insight into the relative values of different segments of non-aeronautical revenue generation.
DFWC and ACI World call for measures critical to airport industry recovery
ACI’s Policy Brief – Path to the airport industry recovery – Restoring a sustainable economic equilibrium draws attention to the crucial role duty free and travel retail plays in the success and growth of airports around the world, with up to 44% of airport revenues coming from non-aeronautical sources, and retail concessions contributing 30% of this figure.
Introducing Arrivals Duty & Tax Free in the European Union
This document explores the role Arrivals Duty and Tax Free can play in providing new sources of employment and commercial revenue to the European airports industry, as recommended by the Aviation Round Table Report on the Recovery of European Aviation1, a cross industry strategic blueprint for the sustainable recovery of European aviation.
Economic Benefits from Air Transport in the UK
This study, commissioned by leading players from the aviation and tourism sectors and published at the Annual Conference & Exhibition of the Airport Operators Association (AOA), the trade body for UK airports, on 10 November, shows that all three elements of the sector made a significant contribution to the UK economy.