NEWS ROUND-UP Hudson secures LaGuardia DF&TR contract
toys and games. News of the opening comes after Hudson
struck a deal with FAO Schwarz earlier this year to open branded outlets across US and Canadian airports. Brands represented will also include
Hudson Group has expanded its footprint at LaGuardia Airport (LGA) winning a Terminal B retail package. The agreement is for space in the eastern concourse of the re-imagined Terminal B. The new terminal is part of an $8bn
overhaul of the entire airport. The state-of-the-art facility has 35 gates,
over 25 retail and food offerings and dual pedestrian bridges that span active taxi lanes connecting the main part of the terminal to two island concourses. The contract, awarded by terminal
operator LaGuardia Gateway Partners, will see Hudson design the first FAO Schwarz airport and travel destination store of its kind, featuring signature FAO Schwarz
independent New York bookseller McNally Jackson, the company’s Hudson travel essentials and convenience label, LaGuardia Dufry Duty Free, MAC and brands across duty paid and duty free. Domestic passengers can choose
from an assortment of fragrances and cosmetics, fashion accessories and confectionery, while international pax will be able to shop for tobacco and wines & spirits. Each offering takes inspiration from the
New York experience, featuring famed New York businesses and a mix of regional and national brands that passengers are looking for. The new concepts are the result of
a meticulous selection process, using consumer feedback to bring world- renowned brands and New York City favourites to Terminal B and create local jobs in Queens.
Tallink reveals H1 commercial revenue decrease
Tallink Group has reported a drop in revenue from shopping and restaurants to €246m ($285m) in the first half of 2018 from €253m ($293m) in H1 2017. Commercial revenues in Q2 fell -3.2%
to €141m from €145m in Q2 2017. Total revenue dropped to €439m from €451m in H1 2017. In the period 1 January to 30 June, Tallink
handled 4.6 million passengers, almost 35,000 more compared to the same period last year. The company said that the financial result
for the six-month period was impacted by the maintenance and repair of the Baltic Princess vessel, lower charter revenue compared to last year and competition on
routes between Estonia and Finland. As reported, Tallink Group is expecting
a 10-15% increase in Asian pax across its entire fleet by the end of 2018 and recently became the first Estonian company to introduce the Alipay Chinese online payment service on its Megastar and Star vessels.
Lotte holds strategic YSL Beauty Hotel event in Seoul
Lotte Duty Free hosted a three-day beauty event in collaboration with L’Oréal Travel Retail Asia Pacific from 1-3 August at the retailer’s main store in Seoul. The invitation-only event saw a unique
tie up with the beauty giant to host the ‘YSL Beauty Hotel’ pop-up following another similar high-profile event held by L’Oréal in Paris earlier this year, which was then fronted by American actress and YSL ambassador, Zoë Kravitz. The event signals an important strategic
partnership with the L’Oréal Group, as Lotte focuses more keenly on its downtown retail business following the company’s decision to terminate three out of four loss-making contracts at Incheon International Airport Terminal 1. The pop-up also signals a broader
company strategy, which includes holding additional high-profile, brand- driven interactive events such as the YSL Beauty Hotel, which benefits Lotte’s downtown trading as well as its online duty free business. Lotte hopes initiatives such as these will
help the company retain customers that previously shopped in its bricks and mortar stores at Incheon International Airport. The YSL event also offered Lotte
VIPs an elevated shopping experience at the Myeong-dong main store’s ‘Star Lounge’ – the company’s largest VIP lounge – which opened at its headquarters in April.
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