NEWS ROUND-UP KPIG ramps up Rangnam downtown store
generic watch area, multi-brand fashion and a 2,500sq m area dedicated to fragrance, skincare and cosmetics.” The third floor has been designed
to integrate restaurants, food outlets, the 600-seat Aksra theatre and Thai handicrafts. The purpose was to create a single eating entertainment shopping destination, with the Chinese in particular in mind. “Chinese visitors to Rangnam have
King Power International Group (KPIG) has told TRBusiness (p55 of the Top 10 Operators Report) that an additional 1,200sq m of retail space has been added to its downtown Rangnam store as part of the revamped shop, which launched in January, bringing the total to 21,400sq m. “The extent of the overall design and
operational approach were very significant,” said Susan Whelan, Senior Executive Vice President, KPIG. “The complex now spans three floors,
with the first and second floors dedicated to 17 luxury fashion boutiques. “A 240sq m sunglasses boutique on the
ground floor leads to the second floor which houses 22 luxury watch boutiques, a large
increased by 63% for the first six months of the year,” said Whelan, “with overall sales rising by 96%.” At present, KPIG is continuously
upgrading and renovating its retail outlets, to ensure its offer is always dynamic and relevant to passengers and customers, particularly those travelling frequently in Thailand. Whelan explains: “Recent additions to
the offer in Suvarnabhumi include stand- alone boutiques for Fendi (due November), Moncler, Valentino and increased space for YSL.” In addition to the Rangnam project, KPIG
has expanded both retail and F&B space at its Srivaree Bangkok locations.
Five new vessels for Starboard in the pipeline
From November 2017 to November 2018 Starboard Cruise Services will complete five major ship launches, Beth Neumann, the company’s CEO and President, tells TRBusiness (p52). These include the following: Celebrity
Edge this year, then Costa Smeralda, Costa Venezia, Royal Caribbean Spectrum of the Seas and Norwegian Encore next year. “I am so impressed with the next
level of experience they are bringing,” commented Neumann. “It makes it even easier to design
more specific retail. I’ve seen the Costa Smeralda plans and I’ve been blown away with the creativity and how the guests will feel onboard.”
LVMH Moët Hennessy’s Selective Retailing division, which includes Starboard Cruise Services, grew by 9% (organic) in the first half of 2018. “We’ve had a very strong first half,”
adds Neumann. “We’re really thrilled how our approach to experiential retail on the new ships has really continued to drive the business.”
Haneda to create 1,400sq m duty free retail zone in 2018
Tokyo’s downtown Haneda Airport Tokyo International Air Terminal Corporation (TIAT) is preparing to launch a major expansion scheme that will increase international passenger capacity by around 50%. Due for completion by March 2020,
ahead of the Tokyo 2020 Summer Olympic Games, the JPY 104bn ($933m) expansion project includes plans to build two more flight gates (serving TIAT) and to create a separate TIAT Annex by converting part of Haneda Airport’s domestic Terminal 2. Seven new flight gates will be installed
in the TIAT Annex, including four ‘swing- gates’ that will serve international flights during peak times and then switch to handling domestic flights in off-peak hours. Haneda T2 is currently used by All Nippon
Airways (ANA) for domestic flights, but under the TIAT expansion scheme, ANA will move its international flights from TIAT main terminal to the new TIAT Annex. ANA’s move will allow other international
airlines already using TIAT, as well as new airlines beginning services to Haneda, to use space vacated by ANA. In this new annex, TIAT is planning
to build a 1,400sq m duty free zone, though final decisions on its format are still to be decided. As Japanese businessmen are ANA’s
biggest spenders, the airport will naturally look to cater to these customers with the shop mix.
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