NEWS ROUND-UP Lagardère’s DF & fashion sales hit $2bn


New contracts were also signed at Libreville Airport in Gabon (duty free), Beijing Daxing (fashion) and Vienna Airport (fashion). Dag Rasmussen, Chairman and CEO,


Lagardère Travel Retail said: “Our organic growth has been strong in 2018 at +8.8% versus 2017, pushed by sustained traffic growth, the success of our new concepts,


innovative and dynamic


commercial initiatives and the development of the network. “We also had a very successful year in


Lagardère Travel Retail has reported total revenue of €3.67bn ($4.16bn) in 2018, an increase of +8.8% on a like-for-like basis compared to 2017. Duty free and fashion sales reached $2bn


for the first time, thanks to steady like-for- like growth and the integration of several major contracts won in 2017 — Geneva, Senegal, Saudi Arabia and Hong Kong. The group also launched the New Age


Beauty concept in Paris airports — the new approach to beauty in travel retail, which includes a new ‘phygital’ experience for travellers.


terms of acquisitions, in particular HBF in North America, that we were able to integrate in December.” Total Lagardère Group revenue rose


+3.3% on a like-for-like basis to €723bn in 2018 driven by solid performance from the travel retail division. Rasmussen added: “We are fortunate


that the travel retail sector continues to benefit from strong fundamentals. “Within this favourable environment,


we have shown superior growth which proves not only that our three-business line strategy (travel essentials, duty free and fashion and foodservice) is paying off, but also that investments on concepts, innovation, staff


Shanghai Hongqiao tenders retail units at T2


Shanghai International Tendering Co., Ltd has issued two tenders covering four retail outlets in total at Shanghai Hongqiao International Airport Terminal 2. The airport is accepting branded retail


proposals (excluding food, tobacco, books, audio, electronics) for two units located in the departures zone, each spanning 72.8sq m. To qualify, bidders must be registered


in China (excluding Hong Kong, Macau and Taiwan). Companies must have a registered


capital of no less than RMB3m ($445,700). Consortium bids will not be accepted. Bid documents must be submitted to


Shanghai International Tendering Co., Ltd before 09:30am (Beijing time) on 19 February.


Separately, a branded luggage and accessories and travel goods tender has also been issued. This includes two units, each covering 30.6sq m, located at the departures public area. Companies must have a registered capital


of no less than RMB2.5m ($370,600). Consortium bids will not be accepted.


Healthy pre-registration figures for TFWA CCC


Early pre-registration figures for next month’s TFWA China’s Century Conference indicate duty free and travel retail professionals from across Asia will be strongly represented at this year’s event, which will be held in partnership with APTRA at the Grand Hyatt Hotel in Sanya, Haitang Bay from 5-7 March. Current data shows 60% of delegates due


to attend are from Asia, with 43% coming from Greater China. Asian airports will be particularly well


represented at the conference, with industry figures from Korea Airports Corporation, Central Japan International Airport and Changi Airport Group. Representatives from some of China’s


largest airports and airlines have also confirmed their presence. TRBusiness has once again been selected


as the official magazine publisher for this year’s conference.


training and development and customer services are meeting passenger and landlord expectations.” Foodservice activities developed strongly


in 2018, particularly in North America with the aforementioned HBF acquisition.


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