Market agility needed

As the third TFWA China’s Century Conference drew to a close on Thursday, TFWA president Erik Juul-Mortensen spoke of the need for agility if the industry were to maximise the opportunities of the market.

The conference was held at the Four Seasons Hotel, Guangzhou, on March 7-9, in partnership with Asia Pacific Travel Retail Association.

It was hosted by Guangzhou Baiyun International Airport Co.

This year 412 representatives of the duty free and travel retail industry in China and beyond attended the event, an increase on the 388 who attended the previous event, which was held in 2015.

The representatives were from 211 companies, which figure was also up from that of 2015, 197.