Sunday, 27 Sep 2020

Travel Retail Navigates Uncharted Territory

PARIS — Travel retail has lost altitude since the coronavirus hit, but the once high-flying channel that’s heavily reliant on Chinese travelers is eyeing new horizons to mitigate the fallout.

The losses so far are difficult to quantify sales-wise, say experts, who are vigilantly watching changes in travel patterns and agree this crisis differs from others that have impacted the highly resilient channel in the recent past, including SARS, MERS, the volcano eruption in Iceland and terrorist attacks.

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