Tyko Brands
Ltd has announced its first venture into the cruise sector. With its first
listings onboard vessels confirmed for Q3, Tyko Brands has been working
alongside leading concessionaires to design the perfect range of Breo
Sunglasses for the cruise guest.
“Breo provides an injection of colour and style at a
competitive price point making this a fun brand which will fit perfectly with
their guests and will provide a playful, and exciting addition to their existing
range." Comments Tyko Brands European Sales Manager Janice Smith.
This first
step into the cruise business comes following continued success from the
company’s portfolio of brands with the Ferry sector, including
both Stena and Brittany Ferries.
“We see the Cruise and Ferry sector as a strategic area
for 2016”. “Since launching in 2008, Tyko has
seen tremendous growth – not just in our core inflight business where we now
have some 300 product lines listed on over 100 airlines globally, but on the ground
and with ferries, where we continue to see great opportunities. The cruise
market seemed the next logical step for Tyko.
Breo’s global role out strategy for ground stores has experienced tremendous
growth over the past 12 months. As a result we have seen our global locations increase by 75% YoY. These include 20 key
locations throughout the America’s including
key locations such as Miami International Airport, within Asia Pacific 7
locations including; Malaysia & Singapore, Europe 17 locations including;
Antalya(Turkey), Hamburg & Basel and in the Middle East we are in the
process of launching in 10 locations within Saudi. In addition to this we have
an additional 8 new confirmed locations across Europe & the America’s including Latin America and Russia.
Interestingly
sales from both Breo collections; watches & sunglasses are performing
exceptionally well. Due to our affordable, stylish, quality designs Breo makes
the ideal impulse purchase, as a result many of our ground store partners now
view Breo as their entry level, quality, brand. Monthly ‘average’ sales range from 150 units to
730+units per month. Although the majority of our clients favour the Premium
Free Standing Display Units (FSDU) some with smaller stores place our
sunglasses either on their existing in store furniture or on our counter
spinners along with our watches. Due to the success of the sales most clients
end up multi sighting the brand throughout their airports.
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