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Duty-free spending to grow 51pc in 5 years: report

Affluent consumers spend when they travel; image courtesy of Michael Kors Affluent consumers spend when they travel; image courtesy of Michael Kors

 

The number of outbound international travelers is projected to reach 1 billion by 2018, creating an opportunity for luxury brands to reach a global audience through airport retail placements, according to a report by Conlumino.