Featured in Bernstein report on Global Luxury Goods Travel Retail, RE Analytics alternative dataset on luxury goods stores by brand and location allows imapct analysis in the sector due to covid-19 pandemic.

A significant portion of luxury goods purchases are made by people travelling (40% on average). Prior the pandemic, air traffic volumes and travel retail have continued to grow faster than GDP. Chinese nationals – and emerging markets consumers – were fueling a tourist and international travel boom and airports have been transforming into shopping malls to accommodate them.

COVID-19 pandemic hit hard the travel retail sector, and not all brands were hit the same. Ferragamo (SFER:IM), Hermes (RMS:FP) and Bottega Veneta (KER:FP) lead  the ranking of top exposed brands to travel retail. For more information, contact us for the Boutique Database dataset.