You’ve probably seen its eye-catching kiosks at airport terminals, but did you know 1Above is a New Zealand business? Already sold in more than 250 outlets around the globe, 1Above is now seeking further growth using capital raised from an equity crowdfunding campaign run through the Equitise platform.
There are reports that Christchurch International Airport Limited is hiking up the fees it charges for using its duty and tax free collection point. Retail NZ's general manager of public affairs Greg Harford discusses why retailers are shocked at this and what can be done about it.
Four and a half years ago, the first 1Above kiosk opened at Auckland Airport. The product is a “flight drink” intended to combat jetlag and the effects of flying, and comes in tablet, concentrate or ready-to-drink form. In March, the company announced it planned to expand into the US, chasing a global travel retail food and beverage market worth US$16 billion.