This message was sent to ##SubscriberEmail##
Are You Committed…or Omitted?
If you're not at The International Travel Goods Show, you're not a serious travel goods professional. This is the industry's most important gathering – it's where you'll discover the newest travel items; it's where you'll meet and network with the vendors and people you count on the rest of the year. Being at The Show says you're committed to your business, and to the industry. And if you're a pro traveler, you know it pays to book in advance. There's plenty of lodging, and there are still good airfares available, too. So get up and go! Book your flights, reserve your hotel room, pre-register for badges and we'll see you February 27-March 1 in sunny Las Vegas.
Maximize Your Media Exposure at The Show
The International Travel Goods Show draws some of the most powerful consumer influencers – travel journalists, television correspondents and online personalities – generating dozens of media hits for the industry. If you want to be in on the action you need to have press kits and new product info on hand in the Show Press Room. This is home base for most journalists during The Show, and where many get their first glimpse of what's new, before they hit the exhibit floor. Maximize your exposure, contact Kate Ryan for details on how to take advantage of this free opportunity: firstname.lastname@example.org, 774-929-5223.
House Approves GSP Renewal, Next Steps Unclear TGA
Earlier this week, the U.S. House of Representatives approved legislation (H.R. 4979) to renew the Generalized System of Preferences (GSP) program by an overwhelming bi-partisan vote of 400-2. The legislation, if approved by the Senate and signed into law by President Trump, would retroactively renew GSP from January 1 (when GSP expired) to December 31, 2020. That means companies would be able to request duty refunds from U.S. Customs and Border Protection (CBP) for duties paid during GSP expiration. GSP allows U.S. travel goods imports from most developing countries (not China or Vietnam) to enter the U.S. duty-free. Despite the overwhelming vote, the Senate has not indicated if or when it will consider GSP renewal. TGA is lobbying hard for Senate action ASAP.
White House Doesn’t Plan Import Tax, Official Says, Contradicting Trump BLOOMBERG
The Trump administration has no formal proposal on the table for a so-called reciprocal tax on imports, according to a U.S. official who sought to clarify whether a levy that risks escalating tensions with key trading partners would be enacted. The clarification came Monday after President Trump had said earlier in the day that his administration was planning to enact a levy on imports from other countries at the same rates those countries impose on U.S. products.
The Finance 202: Trump Dusts Off Protectionist Trade Rhetoric
THE WASHINGTON POST
In a White House meeting Tuesday with a bipartisan group of lawmakers, Trump signaled he intends to crack down on steel and aluminum imports to prop up domestic industry. The president said he’s considering a mix of tariffs and quotas to do so, decrying metal exporters abroad who are “dumping and destroying our industries.” By invoking an obscure provision of a 1962 trade law – Section 232 – Trump would move unilaterally to retaliate against what he calls unfair trade practices by foreign countries.
NRF Forecasts Retail Sales Will Increase Between 3.8% and 4.4% in 2018 NATIONAL RETAIL FEDERATION
The National Retail Federation today released its 2018 economic forecast, projecting that retail industry sales will grow between 3.8% and 4.4% over 2017. Online and other non-store sales, which are included in the overall number, are expected to increase between 10% and 12%.
Supersonic Air Travel Is the ‘Next Big Thing,' Richard Branson Says BLOOMBERG
Supersonic jetliner travel, which ended more than a decade ago with the Concorde, will make a comeback and transform the aviation industry in coming years, according to billionaire Richard Branson. “The next big thing, hopefully in my lifetime, will be supersonic travel coming back and people traveling around the world in next to no time,” Branson told Bloomberg Television in an interview in Washington. “And hopefully in a relatively environmentally friendly way.”
New Google Tips and Tools for Travelers THE NEW YORK TIMES
Flight delay predictions, mobile trip-planning, automatic itinerary management, language translation through Bluetooth earbuds, and a smartphone that enables users to learn about landmarks by tapping an icon and aiming the phone at them: These are among the travel innovations Google has been introducing in recent days and weeks. In fact, they may already be on your phone, nudging Google closer to being a one-stop destination for on-the-go vacation planning.
Emirates Is Offering 2-for-1 Flights This Valentine's Day TRAVEL + LEISURE
This Valentine’s Day, Emirates is encouraging couples to plan a romantic vacation by selling two tickets for the price of one. Travelers have four days to book these companion fares, which disappear at midnight EST on Saturday, Feb. 17.
Bulk Retailer Sam’s Club Adds Free Shipping in Bid to Compete With Amazon TECHCRUNCH
If you can’t beat ‘em, shift to a similar business model. In its struggles to adapt to a post-Amazon retail landscape, Walmart subsidiary Sam’s Club is adopting an online membership model notably similar to Prime.
Will Retail’s Decline Doom Its Former Workforce? Most Economists Aren’t Worried COMMERCIAL OBSERVER
Lots of ink has been spilled over the nightmares of over leveraged mall developers and investors in the physical spaces that retailers have long called home. Surely the terror is even worse for workers who depend on retail wages for their livelihood? Not so fast, experts say.
This Renowned Wharton Professor's Best Leadership Advice: For the Love of God, Stop Brainstorming INC.
Inc. asked Adam Grant, a professor of management and psychology at the Wharton School and author of the bestsellers Give and Take and Originals – who has personally been involved with more than 100 studies and experiments – to identify the most important leadership insights research has produced. Here are seven that he highlighted.
Missed last week's issue? See which articles your colleagues read most.
Don't be left behind. Click here to see what else you missed.