TOP 10 OPERATORS 2018 7: KING POWER INTERNATIONAL GROUP
international cuisine. Aiyawatt Srivaddhanaprabha,
CEO of King Power International Group said at the time: “The new- look King Power Rangnam will revolutionise the image of downtown duty free retail, integrating products and services to meet the needs of both domestic shoppers and world travellers. “It represents more than one of
Bangkok’s major landmarks. King Power Rangnam is a symbol of thriving tourism in Thailand and the industry’s importance to its people and our economy. “It is where world class brands are
continually introduced to Thailand and where Thai products are given a gateway to the global marketplace.” An additional 1,200sq m of retail
space has been added as part of the revamp bringing the total to 21,400sq m. “The extent of the overall design
and operational approach were very significant,” Whelan explains. “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 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 increased by 63% for the first six months of the year,” says Whelan, “with overall sales rising by 96%.”
Renovation plan 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
OCTOBER 2018
Looking for the un-blocked version?
The revamped King Power International Group Rangnam complex officially opened to the public on 19 January.
boutiques for Fendi (due November), Moncler, Valentino and increased space for YSL.” In addition to the Rangnam
redevelopment project, KPIG has expanded the retail areas and restaurants in its Srivaree Bangkok location, recognising the continual growth among Chinese tour groups.
Phuket operations Over in Phuket, sales at the airport and downtown have shown significant growth this year. In September 2016, the company opened its new International Terminal offering at Phuket Airport and at the same time extended its exclusive airport duty free contract until 2026. KPIG became the master
concessionaire for commercial activities, similar to the role it plays at its Bangkok Airports, where contracts come to an end in 2020.
“Recent additions to the offer in Suvarnabhumi include stand-alone boutiques for Fendi (due November), Moncler, Valentino and increased space for YSL.”
Susan Whelan, King Power International Group
Gucci, Christian Dior, Travel Blue SUBSCRIBER ONLY CONTENT
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and Maui Jim are among the fashion and accessories brands represented at the airport, along with Diesel, Versace, Shiseido and Givenchy in the beauty and spa items segment. Watches and jewellery labels
include Omega, Tissot, Swarovski and Michael Kors, while an extensive liquor and tobacco offer comprises the likes of Absolut, Davidoff, Jameson, J. Cortès, Campari, Glenfiddich, Penfolds and Drambuie. Back in 2015, the $125m Phuket downtown duty free store officially
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King Power International boasts an extensive fashion offer at Bangkok Suvarnabhumi International Airport.
TOP 10 OPERATORS 57
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