Have you been to The HUB yet? It’s the hottest spot in travel goods and ready for you. Show off your brand, meet buyers, and network with colleagues — all in one place. To get started, contact Membership Director Cathy Trecartin at email@example.com.
In light of recent conversations with members of the TGA community, the rapidly-spreading Omicron COVID variant, related supply-chain and staffing issues, and travel restrictions, the TGA Board of Directors has decided to postpone the 74th Travel Goods Show — previously scheduled for February 27–March 1, 2022 — until 2023. In the meantime, TGA will continue to offer product-sourcing resources for retailers via its digital publication, Travel Goods Magazine, and The HUB, its online marketplace. To stay up-to-date on future events and activities, please visit travel-goods.org. We look forward to seeing you in person next year at a fresh and robust Travel Goods Show.
TGA Urges Biden to Take Real Action and Provide Immediate Relief to Industry as Shipping Crisis Worsens
On Jan. 19, TGA urged President Biden to take real action to bring the worsening shipping crisis under control and provide immediate relief to our industry. The letter highlights that the shipping crisis is not over but is only getting worse, the particular impact the shipping crisis has had on our industry, the fact that new fees don’t fix the crisis but only impose new burdens on our industry in the form of exorbitant costs, and the need for real action to bring the current crisis to an end.
TGA Strongly Opposes Proposal that Would Eviscerate Industry’s Ability to Use California Prop 65 Warning Labels
On Jan. 19, TGA submitted comments strongly opposing California’s Office of Environmental Health & Hazard Assessment (OEHHA) proposal to modify the California Proposition 65 (Prop 65) warning labels. If OEHHA adopts the proposal, companies would be required to list chemicals on their warning labels, with only a year to switch to the new labels. TGA argues that the proposal would actually make the warning labels less useful to consumers, would impose significant burdens on the small, family-owned companies that comprise our industry, and would further the over-labeling that has already occurred as a result of Prop 65. TGA continues to encourage companies to put Prop 65 warning labels on their products (See TGA guidance) as the only true way to indemnify you and your customers under Prop 65.
AIRCRAFT INTERIORS INTERNATIONAL
Business travel recovery in 2021 proceeded at a slower, more cautionary pace than expected from a year ago. However, global business travel spending is expected to surge in 2022, with full recovery expected in 2024 — ending the year on pace with the 2019 pre-pandemic spend of $1.4 trillion, and a year sooner than previously forecast. READ MORE
As China tried to enforce zero-COVID measures, supply chain watchers are growing increasingly concerned about the flow of goods from the country’s factories. “What’s happening in China right now is the most serious COVID-19 surge since the original outbreak in Wuhan,” said Sam Scarpino, the managing director of pathogen surveillance at the Rockefeller Foundation’s Pandemic Prevention Institute. READ MORE
Supply Chain Chaos Helped Ocean Carriers Reap $150 Billion in 2021. Economists Warn It’s Helping Stoke Inflation
Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers — and leaving smaller companies and their customers from Spain to Sri Lanka paying more for just about everything. READ MORE
The U.S. Centers for Disease Control and Prevention moved a whopping 22 nations into its highest-risk travel category for COVID-19 earlier this week. By contrast, it moved only two nations to Level 4, or “very high” risk, last week. The CDC places a destination at Level 4 when more than 500 cases per 100,000 residents are registered in the past 28 days. The CDC advises travelers to avoid travel to Level 4 countries. READ MORE
A breathtaking range of solutions to help retailers were on display at Retail’s Big Show, from sourcing of products to the in-store customer experience, and all points in between. Following are five particularly noteworthy trends observed at NRF 2022: Retail’s Big Show. READ MORE
HARVARD BUSINESS REVIEW
Human decision-making is a complicated phenomenon. Many studies on the topic highlight the parameters defining our mental processes, even if they can’t fully explain them. These studies often find that we can be guided towards an outcome that we know is against our best interests. And this is the case in business, too. READ MORE
Jason Fried, co-founder and CEO of U.S. software company Basecamp, says prioritizing sleep — and ensuring he’s regularly getting enough hours of quality rest — is a major part of what makes him a good leader. It’s a mindset that runs contrary to many other leaders, who have a tendency, says Fried, to use sleeplessness as “a badge of honor”. READ MORE
Before electronic navigation systems, getting around wasn’t always easy. Paper maps, printouts from MapQuest, and TripTiks from AAA (remember those?) helped people find their way, but it wasn’t always easy. Fold-out maps were cumbersome, and let’s face it: You had to know where you were to begin with. “Now you open your map app and it will give you a blue dot exactly where you are,” notes Frank Biasi, digital development manager for National Geographic Maps. READ MORE
NATIONAL RETAIL FEDERATION
John Furner, president and CEO of Walmart U.S. and Matt Shay, president and CEO of NRF, discuss the “next normal” for the retail industry at NRF 2022: Retail’s Big Show. READ MORE
TRAVEL + LEISURE
What do a chainsaw, bear spray, and a meth burrito all have in common? They were all seized at United States airports last year, according to the Transportation Security Administration (TSA), which recently released its top confiscated items for 2021. READ MORE
Missed last week’s issue? See which articles your colleagues read most.
- TGA Postpones The Travel Goods Show (TGA)
- The World’s Most Powerful Passports for 2022 (CNN)
- Shipping Crisis Update — FMC Steps Up and New Fees Threatened/Imposed/Delayed as Situation Deteriorates (TGA)
- The Five Biggest Retail Tech Trends in 2022 (FORBES)
- Which Social Media Platform Has the Best Ads? (TECH ACUTE)