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June 20, 2019 Facebook  Instagram  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

The Early Bird Discount is Closing Soon

TGA

The Early Bird special, the biggest discount for The Travel Goods Show, closes July 1. Save 57% off the standard exhibitor Show rate, and 33% off the TGA Member rate. But act now, because once this discount is gone, it is gone. Don’t miss out on this opportunity to reach the best retailers in travel goods. Contact Cathy Trecartin, cat@travel-goods.org, 877-842-1938, x-702, and connect with the best performers in retail March 4-5, 2020, in New Orleans.

TGA Opposes Tariffs at U.S. Government China Hearing

TGA

In planned testimony before the U.S. government at the June 17-25 China tariff hearings, TGA will explain the significant impact the now 25% punitive tariffs on U.S. travel goods imports from China has had on our industry, our 100,000 American workers, and our consumers – hardworking American families. TGA will testify on June 25, culminating testimony from over 320 witnesses overwhelmingly opposed to the tariffs. That testimony, combined with thousands of written comments, condemns the current and proposed punitive tariffs on all U.S. imports from China. We need you to provide anecdotes on how the tariffs have impacted your company, your workers, and your consumers – lower sales, higher prices, layoffs, etc. – for use in TGA’s testimony when they testify on June 25. The anecdotes can be anonymous. Please provide to TGA’s Nate Herman by June 23.

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Businesses Plead to Stop More China Tariffs. They Expect to Be Ignored

THE NEW YORK TIMES

Nervous business owners are spending seven days trying to persuade the Trump administration not to impose tariffs on an additional $300 billion worth of Chinese goods. Most are bracing for disappointment. After several previous hearings where company officials testified against tariffs only to see them go into effect, many business leaders are becoming resigned to the idea that President Trump will do what he wants, regardless of their concerns. READ MORE

U.S. Firms Say China Tariffs Will Raise Costs, See Few Sourcing Alternatives

REUTERS

A wide range of U.S. companies told a hearing in Washington this week that they have few alternatives other than China for producing clothing, electronics and other consumer goods as the Trump administration prepares new tariffs on remaining U.S.-China trade. Sourcing from other countries will raise costs, in many cases more than the 25% tariffs, some witnesses told a panel of officials from the U.S. Trade Representative’s office, the Commerce Department, State Department and other federal agencies. READ MORE

Experiential Retail Trends and Why In-person Still Matters

SMARTER CX

We live in a time where most of our products and services are commodities. But today customers expect more than simply a product, they expect an experience around the product. Watch Blake Morgan’s latest video to learn about how you can create an experiential retail experience and why it is important. READ MORE


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Facebook’s New Libra Cryptocurrency Could Solve Travel Payments Dilemma

SKIFT

Facebook on Tuesday announced a digital wallet, Calibra, to support Libra, and the Libra Association, as reported, revealed details and partners involved in the launch of the new digital currency. Libra, which will be backed by “a reserve of real assets,” will collaborate with regulators, and has the support of MasterCard, Visa, Paypal, Booking Holdings, Uber, Lyft, and Spotify, among others. READ MORE

Positive Leaders: 7 Traits of Emotional Intelligence They Practice Daily

INC.

In its purest form, you'll notice a pattern in people with emotional intelligence: They show up to challenging circumstances with uncanny character and integrity. This is especially true for exceptional leaders of people. This is why it's so crucial to develop your emotional intelligence. You inherit a slew of positive leadership traits to build up your self-awareness, apply empathy to your relationships, and maintain a positive outlook on things. Here are 7 absolute attributes you'll find in leaders with emotional intelligence. READ MORE

Emirates is First Major Airline to Launch Basic Business Class Fare

SKIFT

Emirates has fired the first salvo in the unbundling of business class fares. Now you can buy just the seat, with none of the other trimmings that travelers are used to with top-tier carriers. It’s a pragmatic strategy, one that gives more choice to travelers. The tension will now be in maintaining that great luxury brand halo. READ MORE

You Learn Best When You Learn Less

HARVARD BUSINESS REVIEW

Last year, U.S. companies spent roughly $90 billion on learning and development efforts, a sum higher than the gross domestic product of 130 countries. The problem is that there is often no measure of what’s learned or what behaviors change as a result of such massive investments. Of those that do, only 13% calculate quantifiable returns. What most companies miss is that learning at work isn’t about how many hours you put in, it’s about getting the right information to the right people at the right time. Simply put: you learn best when you learn less. READ MORE

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