ASIA AIRPORTS NEWS: TOKYO NARITA INTERNATIONAL Tokyo Narita preps T1 shops for 2018 opening
Tokyo Narita International Airport is in the midst of an exciting management plan to deliver new retail upgrades across its terminals, including at Terminal 1 airside as 2017 looks to be a positive year of developments for Japan. Luke Barras-Hill provides an update.
N
ew Year retail figures paint a positive picture for Japan’s airport operators.
According to a March update from tax-free refund specialist Global Blue, calendar year-to-date tax- free sales increased by 19%, as an increase in transactions (+27%) predominantly due to Chinese tourists heading to Japan provided a timely fillip for growth. A boost in the number of Chinese
New Year trips was a primary factor, however, the softening Japanese yen against the RMB resulted in the aforementioned transaction growth across all spending categories in the first two months of the year, Global Blue continues. It is worth pointing out that the
pique in sales and transactions is notable in the context of continuing geopolitical volatility between China and South Korea. Overall, the Asia tax free market
grew by 6% year-on-year in the first two months of 2017, but average customer spend across the region dipped by -1% year-on-year, Global Blue says.
NAA: $1.5bn sales for 2018 Japan’s Tokyo Narita Airport, like many other Asian hubs, is embarking on an important phase of capacity building to meet a rapid increase in demand for air travel across the region. Such aviation development
expectations carry added weight at Narita, which, alongside Tokyo Haneda International Airport, will serve as the key gateway for the Greater Tokyo Capital Area during the Tokyo Olympic and Paralympic Games in 2020. According to ‘policy four’ in
Narita International Airport Corporation’s (NAA) five-tier Mid- term Management Plan [running from fiscal 2016-2018], the creation of attractive retail areas will feature ‘innovation and contemporary flair...
MAY 2017 NAA is targeting JPY150bn ($1.46bn) in duty free, tax-free and restaurant sales by 2018.
that project the distinctive character of Japan and Narita Airport, and offer product lineups that will satisfy our customers, including products only available at Narita Airport’. As reported previously by
TRBusiness, NAA is targeting JPY150bn ($1.5bn) in duty free, tax- free and restaurant sales by 2018, in line with its ‘Innovative Narita 2018’ plans that will affect important improvements in its passenger and commercial facilities. The airport has opened four new
brand boutiques in the airport’s ‘Fifth Avenue’ shopping mall, located after outbound passport control in Terminal 2. These included boutiques from
Chanel, Bottega Veneta and a Chanel fragrance & boutique store in November, and the first Prada airport boutique in Japan in December. These are all operated directly by NAA Retailing Corporation.
T1 shops to open in 2018 Moving forward, NAA’s 2016-2018 strategy, released in April last year, has earmarked the opening of new airside shops in Terminal 1, situated predominantly in the Central Building on the third floor. While specific details are at
this stage being kept confidential, an airport source tells TRBusiness that the new outlets are
set to open in 2018. The number of units, their
sizes and merchandise mix are currently being finalised, although at this stage the source was unable to provide further information. However, they directed TRBusiness
to a section of the management plan, which emphasises the need to strengthen Narita’s revenue base by linking travellers – particularly foreign visitors – to retail sales. Delegates attending this month’s
TFWA Asia Pacific Conference will be offered the chance to attend a ‘Rediscovering Japan’ workshop, in which NAA’s retail developments will be put more firmly in the spotlight. The expected workshop
line-up includes NAA Senior Vice President Hideki Hayashida; Nobuo Nabiska, President of skincare brand The Ginza; and Tadashi Shimura, President of the Japan Association of Travel Agents. To hear more about NAA’s
ambitious future retail plans, stay close to TRBusiness. «
New airside shops, located mainly in the Central Building on the third floor in Terminal 1, will open in 2018, according to a source.
TRBusiness TRBUSINESS 77
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