HSA focus on "duty free markets"

[CptKloss]

34% of all sales are now duty-free... HSA describes these markets as "airports and marinas".... But wouldn't it include all the retailers operating from tax free zones..like...I don't know...certain areas of switzerland...?

just wondering how much of that trend comes from legitimate tax-free airport purchases, and how much from people bypassing various regulations be it embargos or 400% taxes...

[matt14]

Seems very high, Although I would say a high proportion of my stock is Duty Free bought , but only because I cant get stuff sent in.

[Orion21]

400% taxes or duty-free, hummmmmm tough choice.

[CptKloss]

Where did you find this information? 34% of sales from duty free...?

found it browsing "teh interwebz" ....

"Habanos S.A has revealed that duty-free and travel-retail sales now account for 34% of its total sales. In 2010 the channel comprised 28% of total sales, while in 2008/2009 the figure was 24%."

http://aussiecigars.com/2011/09/21/habanos-s-a-to-focus-on-duty-free-markets/

not sure how reliable this is,but 28% number, i've seen somewhere in official release for 2010.

[mazolaman]

I would think that if it did include vendors,it would be higher.

Surely most regular smokers now get their cigars on line?

A lot of cigar shops are now closing due to the online trade,and also the smoking ban.

I would think the grey market would be up to 50%.