Tuesday, November 5, 2024

Avolta and utu duty free shopping pilot targets untapped potential within travel retail ecosystem — Retail Technology Innovation Hub

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Maurus Lienhard, Chief Strategy and Transformation Officer at Avolta, says: “utu’s proposition puts the traveler at the centre by providing additional value and enhancing their journey; this fits perfectly within our Destination 2027 strategy.”

“We are excited to launch utu in a major European travel hub where tax free shopping  plays a key role, and look forward to sharing its benefits with our customers.”

“Additionally, we see potential to leverage our global network with a presence over 73 countries and 5,100 points of sale to roll out this programme, driving sales growth for our business. utu’s innovative solution complements our mission to make the journey as rewarding as the destination and unlock new sources of value.”

Ameer Jumabhoy, Co-Founder at utu, comments: “Our partnership with Avolta demonstrates the untapped potential within the travel retail ecosystem.”

“By rewiring the tax free and duty free value chain, we’re creating a win-win for travellers and airside retailers. We believe this model can be replicated in airports worldwide, driving multi-billion dollar growth for the industry.”

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