LS TRAVEL RETAIL SUCCESS IN DUTY FREE LUXURY FASHION SUPPORTED BY RAPID GROWTH IN ASIA
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1 News Release 12 th Oct 2012 LS TRAVEL RETAIL SUCCESS IN DUTY FREE LUXURY FASHION SUPPORTED BY RAPID GROWTH IN ASIA LS travel retail ASPAC announces the opening of BOSS Traveler Store in Changi Airport, Terminal 3 and also the 6 th Duty Free store to open in Asia region this year alone. LS travel retail is proud to announce a new extension of the current burgeoning fashion offer in Changi airport with the opening of a BOSS Traveler Store. Page 1 of 5
2 Page 2 of 5
3 The luxury fashion boutique covering an area of 86sqm is located in the Departure Transit Lounge South of Terminal 3, Changi Airport. It is the first stand-alone BOSS Traveler Store in Terminal 3, targeting business passengers travelling to long-haul destinations. The Hugo Boss product range includes their iconic leather goods and ready-to-wear specially selected to fit the smart and stylish passenger profiles in Terminal 3. Boss Black, the bestselling elegant menswear range known for its understated colors and fabrics with different textures will be retailing in this outlet with a dedicated section for Hugo Boss Green; sportswear range for the avid sportsmen, Tayloring; business range for the business travellers and leather accessories with the Fall/Winter 2012 collection. Mr LEE Charn Cheng, General Manager of LS travel retail Singapore comments: The new BOSS Traveler Store offers yet another face of the Luxury Fashion portfolio in Changi as it demonstrates its success within our multi-brand fashion boutique The Fashion Gallery at Terminal 2. BOSS Traveler Store is the 5 th Duty Free store to open in Changi Airport and we thank them for their continuous support in our ambition to expand our presence in the fashion business in Changi Airport. The opportunity for LS travel retail to be well presented at Terminal 3 is recognition of our commitment and expertise in travel retail. We have a great working relationship with CAG in our operation network of 24 concept stores and are happy to continue delivering results for the customers and airport. Mr Philippe FONTALBA, Director of Luxury, Fashion and Accessories of LS travel retail, ASPAC comments: We are really happy to increase our presence in Changi Airport with this opening of our first BOSS Traveler Store on Terminal 3. The concept of this new BOSS Traveler Store is using noble material such as its signature high gloss furniture, Tokusei panel; this shop has managed to have a really modern and spacious look, Page 3 of 5
4 exposing all the Hugo Boss collection range very clearly. Customers will be able to find in one shop the various Hugo Boss collections starting with the launch of the Fall Winter 2012 collection. BOSS Traveler Store is the 6 th LS travel retail duty free store to open in Asia Pacific this year following the development of Dunhill, Longchamp stores in Singapore, recent opening of Longchamp store in Malaysia, adding to the Duty Free portfolio with the recent opening of Aelia Duty Free stores in Noumea, New Caledonia and the recent contract win of award-winning So Chocolate stores in Singapore and Hong Kong. ENDS Notes to editors LS travel retail ASPAC is a division of the Lagardère Services group. Operating in more than twenty countries throughout Europe, North America, Asia and the Pacific, Lagardère Services is a world leader in Travel Retail and Press Distribution. In Distribution, it offers innovative and efficient distribution solutions to magazines and various consumer goods industries. In Travel Retail, Lagardère Services operates nearly 2,000 stores across the world, including a presence at over 120 airports and 700 stations, and is a major Duty- Free and Luxury player and the channel s leading News and Convenience retailer. LS travel retail ASPAC is the region s leading news and books travel retailer and operator of the Relay and Newslink concepts. Its growing portfolio includes Luxury fashion and Duty Free stores at Singapore and Sydney airports. The company also operates innovative speciality retail concepts including Virgin (multimedia), Discover (gifts and souvenirs), Kaboom (toys), Lonely Planet (travel essentials) and many more, as well as a number of branded stores including Pandora and Billabong (fashion). In total LS Travel Retail ASPAC operates more than 250 outlets, partnering with over 16 airports in Australia, China, Hong Kong, New Caledonia, New Zealand, Singapore and Taiwan. Page 4 of 5
5 Media contacts Emmanuel de Place COO Lagardère Services responsible for the ASPAC region Tel: Page 5 of 5
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