Lagardère Travel Retail Expands in Saudi Arabia

Lagardère Journey Retail has been awarded an unique grasp concession contract to function 14 new Responsibility Free and retail areas at Prince Mohammed Bin Abdul Aziz Worldwide Airport, Madinah, Saudi Arabia.

The brand new grasp concession settlement will likely be in impact from December 2022. This win marks an vital step within the Group’s efforts to consolidate all Responsibility Free operations within the Kingdom of Saudi Arabia and confirms its main place as the one Responsibility Free operator to have a footprint throughout the nation’s 4 most vital worldwide airports.

The brand new shops will cowl a complete industrial floor of 1,900 sqm, together with 614 sqm devoted to Responsibility Free shops.

Underneath the world-renowned Aelia Responsibility Free and Relay manufacturers, the shops will function all Responsibility Free core enterprise classes, journey equipment and souvenirs and snacking.

Additional developments on the airport will even current Lagardère Journey Retail with a chance to create new bespoke ideas to constantly meet and exceed the wants of passengers on the airport.

Underneath this new partnership, Lagardère Journey Retail will work intently with the Kingdom’s airport authorities to contribute to the promotion and development of journey & tourism sectors as a part of Saudi Arabia’s Imaginative and prescient 2030.

Vincent Romet, CEO Lagardère Journey Retail France & Luxembourg and COO Center East & KSA mentioned, “We’re extraordinarily proud to have been awarded this contract and to be supplied the chance to create distinctive procuring experiences to extra vacationers within the Kingdom. Our native groups are dedicated to ship the best requirements of operational excellence to our airport companions and we’re all hands-on deck to prepare to start out the brand new operations earlier than the 12 months ends. Saudi Arabia is an especially dynamic market, with alternatives to additional develop our portfolio and we’re very excited to open this new chapter and additional consolidate the roots we’ve put down there.”