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twenty fifth June, 2021 by Kate Malczewski
The Tax Free World Affiliation (TFWA) is ‘optimistic’ about the way forward for international journey retail (GTR) following its digital Asia Pacific Hainan Particular Version occasion.
TFWA’s particular Hainan occasion has set the scene for the organisation’s annual convention in Cannes
Whereas the decline in worldwide journey as a result of Covid-19 pandemic has introduced challenges for GTR and obligation free, the Hainan-focused on-line convention highlighted the highway to restoration.
The province noticed its obligation free turnover improve by 356% within the first quarter of 2021, and TFWA’s Asia Pacific occasion supplied grounds for its leaders within the sector to ‘work collaboratively’ to drive the business’s return to well being.
Over the course of 4 days (21-24 June), the convention’s 1,683 attendees took half in on-line workshops by way of the TFWA 365 digital platform, overlaying subjects together with the brand new laws wanted to assist progress, the outlook for the luxurious market, digitalisation and shopper behaviour within the post-Covid panorama.
The platform’s reside chat function allowed attendees to share their ideas and questions with audio system, and its networking service facilitated 132 on-line conferences between 60 manufacturers and sponsors and 32 purchaser corporations.
The Hainan occasion was organised in partnership with the Asia Pacific Journey Retail Affiliation and Foremost Associate China Responsibility Free Group. It precedes the TFWA World Exhibition & Convention in Cannes, which is set to go ahead in October.