TGA’s Gift to You
The gifting season is upon us, and if you haven’t yet registered for The 2020 Travel Goods Show, TGA has some gifts for you. Sign up to attend now, and receive lunch vouchers for both days at The Show. Plus you could win a $150 gift card for famed NOLA eatery Galatoire's, or indulge in hot beignets and coffee with chicory at Cafe du Monde, with a $50 gift certificate from TGA. All you have to do is register to attend by clicking here.
The Smart Place to Stay
Attending The 2020 Travel Goods Show is the smart business move, to keep up with everything happening in this dynamic industry. And the smart place to stay is one of the official host hotels. Book now, while there’s space available, and enjoy up to $100 off the standard room rate when you reserve through The Show website. And because these are all walking distance, you’ll save time and money over cabbing it across town to get to The Show.
Miscellaneous Tariff Bill (MTB) Process Deadline Looming – Travel Goods Petitions Filed, TGA Webinar Slide Deck/Recording
Through the Miscellaneous Tariff Bill (MTB) process, Congress allows importers to petition for the temporary reduction or elimination of tariffs on U.S. imports of certain products as long as there is no U.S. production of the product. Petitions are due in only a few days – by Dec. 10 at 5:15 PM ET. The process ends with Congress voting on a final package of MTB provisions in fall 2020, with the temporary tariff reductions going into effect Jan. 1, 2021 for a period of three years. MTBs provide a great opportunity to mitigate tariffs. Already, 19 travel goods petitions have been filed on the MTB portal (registration required), including five luggage petitions. See slide deck/recording from TGA’s Nov. 13 webinar for more details on the MTB process and how to complete a petition.
No Good News Yet for Travel Goods as China Tariff Exclusion Process Moves Excruciatingly Slow
The U.S. government's review of the 30,322 tariff exclusion requests for the 25% punitive tariffs on U.S. imports from China has not moved forward at all since last week’s Brief. The U.S. government to date has only reviewed 5,073 petitions – a mere 16.7% of all petitions two months after the Sept. 30 deadline. Further, only 236 petitions have been approved to date, none for travel goods. 146 companies filed a combined 863 exclusion petitions on travel goods. To date, 94 of those petitions have been denied, only four of which covered luggage. That means only 11.2% of all travel goods petitions have been reviewed to date. TGA has urged the U.S. government to accelerate its review.
U.S., China Move Closer to Trade Deal Despite Harsh Rhetoric BLOOMBERG
The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said. READ MORE
Thanksgiving Weekend Draws Nearly 190 Million Shoppers, Spending Up 16% NATIONAL RETAIL FEDERATION
A record 189.6 million U.S. consumers shopped from Thanksgiving Day through Cyber Monday this year, an increase of 14% over last year’s 165.8 million, the National Retail Federation and Prosper Insights & Analytics said earlier this week. READ MORE
2019 Instagram Updates Marketers Should Know
SOCIAL MEDIA TODAY
Since barely a week goes by without an Instagram update, it can be hard to keep up. In this roundup, we list the most important new features launched in 2019 to keep in mind while planning your 2020 strategy.
More Than $8 Billion in Cyber Monday Sales Broke Records. But Here's What Still Drives Customers into Retail Stores This Holiday Shopping Season
You might think that physical retail stores are suffering as consumers shift their holiday purchases online – especially to mobile. While the shift is definitely happening, there are still a few things you can do to keep customers coming into your store over the remainder of the holiday shopping season.
The Big Travel Payment Trends Coming in 2020 PHOCUS WIRE
Just a few years ago it was customary to pay for travel with cards, or perhaps even cash in some markets. Fast-forward to the present, and we’re seeing a range of trends that re-define how people pay for travel. Here are my predictions for how four trends are going to play out in 2020.
Las Vegas May Be Dropping ‘What Happens Here, Stays Here' Slogan
TRAVEL + LEISURE
The days of “What happens here, stays here” may be numbered in Las Vegas. According to USA Today, the famous tagline for the city of Las Vegas may change soon. In the past, the line was used in advertisements as a tongue-in-cheek encouragement for tourists to let loose and be a little bit “bad” while they’re in Sin City.
Are You Adapting Your Leadership Strategy as Your Startup Grows?
HARVARD BUSINESS REVIEW
As a leader in any kind of organization you must candidly look in the mirror, get feedback about what you do well and where you are lacking, and then work to close the gap. In startups, however, the rapid evolution of the business requires those on the leadership team to engage in these activities in short, intense cycles.
Multi-mountain Passes Upended the American Ski Trip. Here Are 9 Rules.
THE NEW YORK TIMES
For decades, ski vacations followed a predictable pattern, and it went a little like this: pick a mountain, book accommodations, fly or drive to the resort, buy lift tickets, ski a few days, return home. Repeat cycle the following year. Things have changed.
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