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Regstaer at the World exhibition and conference Tax Free World Association (TFWA)

11 October 2018

October 5, 2018, the annual world exhibition Tax Free World Association completed its work in French Cannes.

The result of hard 6-day work was a global summit of the travel retail and duty free market with the participation of leading industry operators, in particular, a partner of Regstaer Group of companies, Dufry.

More than 6,000 retailers, agents, distributors and journalists come to Cannes every October. This year has become a record one in terms of visitors number and the scale of the booths implemented – 7,000 participants are located on 22,500 meters of exhibition space.

According to the latest data from Generation Research on recent performance of the industry, the global duty free and travel retail industry recorded close to double-digit growth in 2017. Total sales reached 69.3 billion US dollars, an increase of 9.5% on the previous year.

One of the most significant trends in the industry is digitalization, which now performs not only the selling function, but also aims to entertain the traveler, making his way to purchase the most easy and enjoyable. For the first time in the world, innovations such as the "non-violent integrated personal safety solution for women", or the fully automated Self Sampling® system that dispenses a single fragrance or make up sample at the touch of a button, and even the latest Sniffy technology which enables brands to create promotions that appeal to all five senses.

Another important channel for retail has become inflight trade. This segment has not developed so rapidly so far, and according to the Summit participants, it has great potential. Buyers say that the main advantages of inflight trade are the convenience of purchasing goods when you do not need to stand in line or look for goods in the store, as well as on-Board operators sometimes offer better promotions and discounts. Improving the quality of service, optimizing the range and the possibility of pre-order are key factors in the development of the channel.

Regstaer representatives took an active part in World exhibition and conference TFWA, and continue to closely monitor all global and local changes in the industry in order to meet and anticipate travelers’ expectations.

Regstaer company guarantees quality products, high level of services and reasonable recommendations to the customers.

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