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.
By beginning the brand new operations on the airport, Lagardère Journey Retail is the one responsibility free operator throughout Saudi Arabia’s 4 predominant worldwide airports.
The journey retailer will act because the lead companion within the joint-venture firm, Saudi French Firm for Responsibility Free Operations and Administration, to function the shops from December 2022.
The brand new retailers will cowl 1,900sqm, together with 614sqm devoted to responsibility free shops. Below the Aelia Responsibility Free and Relay manufacturers, the shops will characteristic all responsibility free core enterprise classes, journey equipment and souvenirs and snacking. Additional developments on the airport will even current Lagardère with a possibility to create new bespoke ideas.
Below the brand new partnership, Lagardère Journey Retail states it is going to work intently with the nation’s airport authorities to contribute to the promotion and development of journey and tourism sectors as a part of Saudi Arabia’s Imaginative and prescient 2030.
Lagardère Journey Retail CEO France & Luxembourg and COO Center East & KSA, Vincent Romet, stated: “We’re extraordinarily proud to have been awarded this contract and to be provided the chance to create distinctive buying 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 yr ends. Saudi Arabia is a particularly 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.”