NEWS ROUND-UP Lagardère TR reinforces position in China
combined expertise can be leveraged in other markets in Asia of course as a start, but also globally. “They offer a great understanding of the
Chinese customer, excellent relationships with all the local suppliers (China and elsewhere in Asia). We brought the execution of exclusive concepts from western liquor brands and added to the collective buying/ merchandising power.” Like all new stores, the JV business at
Eudes Fabre, CEO, North Asia, Lagardère Travel Retail insists that the Chinese DF&TR market is actually ‘more open and more transparent than people make it out to be’. This allows an international operator
like itself to build a reputable and growing business there without the need of local partners. “So, actually, to run our business in China,
we don’t need partners even though, you know, we have chosen to work with some on select projects such as China Duty Free Group in Hong Kong,” he tells TRBusiness. “We know CDFG have big international
ambitions and we see that our skills can definitely complement there’s. Our
HKIA continues to be a work in progress, but so far, Fabre is pleased and feels there is potential to work together with CDFG on other projects in other territories. “CDF, they have ambitions, regional and
global. We are the same. We have regional ambitions and we have a global presence, and ambitions for new territories where we aren’t yet present. “We also recognise that as the market
becomes more consolidated and more mature, you have to go further field into more emerging markets. We don’t necessarily hold all the cards in this instance and are not always willing to take on all the risk together. “So, it does make sense when there’s
Starboard sets sail on Spectrum of the Seas
Starboard Cruise Services is showcasing its retail offer on Royal Caribbean’s Spectrum of the Seas, the cruise line’s first purpose- built vessel for the Asian market. TRBusiness understands a VIP unveiling of
the ship took place in Malaga, Spain (11-15 April). The vessel then headed to Barcelona before embarking on a 51-day cruise to its new base port of Shanghai. From there, a three-day inaugural cruise
will depart in June (3-6 June). Several brand firsts are available on
board including Marc Jacobs, Titoni of Switzerland, Breitling and Jo Malone. Luxury boutiques from Bulgari, Tiffany & Co, Cartier and Omega will also open. Starboard has enjoyed a ‘robust
beginning’ to 2019. The launch of the company’s stunning new retail programme on Costa Cruises’ Costa Venezia vessel in March was preceded by an unveiling on Dream Cruises’ Explorer Dream. As reported, Starboard’s Costa Venezia retail operations span more than 8,000sq ft.
Operations at Istanbul Airport ‘unprecedented’
İGA Havalimani İşletmesi (İGA) hailed the ‘seamless’ transition of operations from Istanbul Atatürk Airport to the new mega- hub as ‘going smoothly and exactly as planned’ on 6 April when it commenced trading fully. This coincided with the significant shift
of all Atatürk’s flight schedules, including that of flag carrier Turkish Airlines, over a 33-hour period. Kadri Samsunlu, CEO and Chairman of the Executive Board at İGA Airport Operations said in a statement: “This exercise was simply unprecedented.
No move between two globally-important hub airports has ever been attempted on anything like this scale before. “Yet we achieved it without disruption,
especially to the hundreds of thousands of travellers who continued to transit seamlessly between Asia, Africa and Europe over Istanbul Airport, while benefitting from the most advanced passenger experience technologies combined with superb shopping and eating.”
overlap in terms of strategic interests to talk about projects together and we talk to them about a lot of projects constantly.” However, the two retail powerhouses will
not always be playing on the same team. “And then we also compete directly on
other opportunities, which is fine,” he adds. The full interview with Eudes Fabre can be found on p59 of this issue.
BOSS.COM
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