Vancouver International Airport partners with Paradies Lagardère to bring four new stores to YVR

Richmond, B.C., 2017-Feb-20 — /EPR Retail News/ — Today (February 16, 2017), Vancouver International Airport (YVR) celebrated the grand opening of four retail stores in the domestic post-security terminal: Lolë, Brooks Brothers, Coastal News and Sea to Sky Marketplace.

“YVR is always looking to provide exceptional customer experiences and a big part of that is offering an engaging and diverse retail options,” said Scott Norris, Vice President, Commercial Development, Vancouver Airport Authority. “We know that for many passengers their trip starts right here at YVR and we hope these new offerings will give them a reason to arrive earlier and get their shopping done prior to flying out.”

These four new retail stores provide more apparel options, as well as familiar iconic brands to YVR’s domestic travellers. The entire portfolio will further enhance YVR’s award-winning concession program. YVR has more than 170 shops, services and restaurants located before and after security, providing great shopping opportunities to travellers and the local community alike.

YVR partnered with Paradies Lagardère, a leading operator of restaurant and retail brands in airports world-wide, to bring these four concepts to YVR. Paradies Lagardère operates more than 850 stores and restaurants in 98 airports, with expertise in international, national and local brands that create memorable and positive shopping and dining experiences for today’s travellers. They currently operate 24 stores at YVR, ranging from newsstands to apparel, gifts, confectionary and souvenirs.

“We’re thrilled and appreciative to grow our partnership with Vancouver International Airport, and debut Lolë, Brooks Brothers, Coastal News and Sea to Sky Marketplace to travelers,” said Gerry Savaria, Executive Vice President, Paradies Lagardère. “Paradies Lagardère seeks to contribute to the enticing and comprehensive shopping environment this airport gives travelers by providing them with exciting new retail options that complement the existing concessions program.”

Canada’s up-and-coming women’s lifestyle and active wear, Lolë is committed to sustainability, quality and community.

Sea to Sky Marketplace offers a broad range of west coast gifts and gourmet products and also features two exclusive shop-in-shops with powerful Canadian anchor brands, Herschel and Hudson’s Bay Company. Brooks Brothers offers classic, casual and business clothing collections and accessories for men and women. Coastal News is a one-stop-shop for all travel essentials.

Contact:

Nicole V. Linton
Marketing Communications Manager
P: 404 494 3419
M: 470 455 1843
Email: nicole.linton@paradies-na.com

Source: Paradies Lagardère

Lagardère Travel Retail closes the acquisition of Paradies after receiving all the required authorizations

ATLANTA, GA and TORONTO, ON, 2015-10-26 — /EPR Retail News/ — Lagardère Travel Retail closed the acquisition of Paradies, a leader in retail, and food and beverage operations at airports in the United States and Canada, after receiving all the required authorizations. Announced on August 11, this acquisition will combine the activities of Paradies and Lagardère Travel Retail in North America, creating the region’s second-largest operator (no. 2 in North America), with total revenue of around $800 million (€720 million) in 2015.

Thanks to the complementary nature of the two companies’ operating locations and concepts, this transaction will generate commercial and financial synergies in the North American market, which offers attractive growth prospects.

The integration of the two companies will be led by Paradies President and CEO Gregg Paradies, who will remain at the helm of the combined entity. Gerry Savaria, LS travel retail North America’s President and CEO, will become the Executive Vice President.

This value-enhancing transaction represents an important step in the strategic transformation of Lagardère Travel Retail, which will also achieve critical mass in North America, with a presence in more than 100 airports.

Paradies is known for the quality of its operations and teams, and has an attractive growth profile, thanks to its portfolio of strong, widely known brands. In its 2014/2015 financial year[1], Paradies generated consolidated net sales of $515 million (€471 million).

This significant acquisition represents a major step forward in Lagardère Travel Retail’s growth strategy.

[1] Consolidated figures at 100%. Fiscal year ended 28 June 2015

CONTACT US

370 King Street West, 6th Floor
Toronto, ON
M5V 1J9
416-863-6400

SOURCE: LS travel retail North America

LS travel retail North America announces the opening of two new stores in Dallas/Fort Worth (DFW)’s international terminal

TORONTO, 2015-7-28 — /EPR Retail News/ — LS travel retail North America is pleased to announce the opening of two new stores – Hugo Boss and Tumi – in Dallas/Fort Worth (DFW)’s flagship international terminal. Located side by side in terminal D’s North village, both stores offer complementary items that cater to both leisure and business travelers.

A global leader in high quality luxury fashion and accessories – with stores in 124 countries, including the world’s busiest airports – the international icon Hugo Boss offers premium collections in men’s business and leisure wear, leather goods, watches and fragrances.

With more than 30 years of creating superior products for discerning professionals and frequent travelers, Tumi is known for its black-on-black ballistic nylon travel bags that catapulted the company to its current leadership position, and is recognized as the world’s leading brand of luxury travel, business, and lifestyle accessories.

“We are grateful to DFW for their renewed trust in our team”, said Gerry Savaria, President & CEO of LS travel retail North America. “These two new stores are the perfect addition to DFW’s outstanding terminal D offering and to our company’s overall program in the airport. We look forward to opening more stores later this year in coordination with DFW’s TRIP program”.

These two new stores come after the opening in DFW of 6 locations in the last few months, including two iStores (in terminal A and D). More LS stores (including two 7-Eleven) are scheduled to open later this year.

Spanning over 17,000 acres and with more than 60 million passengers traveling through it in 2014, DFW is the largest airport in Texas and the fourth busiest airport in the United States.

###

LS travel retail North America acquired 20,000 square feet retail space within John F. Kennedy International Airport’s Terminal 4 from Saveria USA, Inc.

New joint venture to operate 20,000 square feet of prime specialty retail space at NYC’s busiest terminal

QUEENS, NEW YORK, 2015-4-23 — /EPR Retail News/ — With ambitions toward enhancing the shopping experience for the more than 18 million annual travelers passing through John F. Kennedy International Airport’s Terminal 4, LS travel retail North America, a Lagardère Services company, has acquired assets of Saveria USA, Inc. allowing for the operation of 20,000 square feet of prime specialty retail space within the terminal’s retail lounge.

The predominant specialty retail operator at Terminal 4 since 2002, Saveria USA, Inc. was founded by the Sardana family, who will partner with LS in a new JFK Terminal 4 venture moving forward.

“Following Saveria’s many years in Terminal 4 – a premiere travel gateway into New York City – we look forward to working closely with JFKIAT and the Sardana family to take the shopping experience offered to Terminal 4 travelers to a whole new level,” said Dag Rasmussen, Chairman and CEO of Lagardère Services. “By acquiring certain assets of Saveria USA, LS travel retail North America will bring its significant expertise to the benefit of Terminal 4’s concession program and to the millions of passengers who pass through its doors each year.”

Gerry Savaria, President and CEO of LS travel retail North America added, “Terminal 4 at JFK is a model for other airport terminals around the country. We are excited to begin this new part of the Saveria story and are eager to work with JFKIAT for many years to come.”

Terminal 4, operated by JFKIAT, LLC – the only non-airline, privately-operated terminal in the U.S. – is home to 28 airlines and features a host of internationally recognized retail brands. Fitting the needs of every type of potential customer, some of the 17 existing LS/Sardana shops include Tumi, Longchamp, Hugo Boss, Swarovski, Bijoux Terner, and Chocolate and More. LS plans to redevelop an additional 9,000 square feet into new specialty retail shops that will complement the existing offerings at Terminal 4.

“This new partnership with LS travel retail will ensure that Terminal 4 passengers have the most pleasant and efficient travel experience of any airport terminal in New York City,” said Gert-Jan de Graaff, President & CEO of JFKIAT. “With the help of this world-renowned company, travelers from all corners of the globe will continue to enjoy the brands and level of service offered by our tremendous retail partners.

“We thank the Sardana family for the strong partnership and commitment to offering passengers the best retail options and for contributing to JFKIAT’s success.”

Claus Kohlenberger, President of Saveria USA, Inc. added “We have the highest regard for the professionalism and dedication demonstrated by the LS team throughout the journey that led to the execution of this agreement and believe they will be a great fit with the excellent team at JFKIAT. This strong partnership shares a common thread: our passion for travel retail and commitment to serving passengers.”

About Saveria USA
Saveria was founded by the Sardana family in 1990 in Vienna. Saveria USA started in 2002 in JFK International Airport Terminal 4, where it has since significantly increased its presence with the development of licensed boutiques and iconic retails brands, along with proprietary Chocolate & More confectionary stores.

About JFKIAT
JFKIAT, LLC is the operator of Terminal 4 at John F. Kennedy International Airport, one of the most active air terminals in the New York area, serving 28 international and domestic airlines with an annual passenger volume of more than 17.1 million travelers in 2014. With an expansion completed in 2014, passengers traveling through Terminal 4 can visit an outstanding selection of new and upgraded restaurants and bars, including world-class eateries, well-known casual dining, healthy options, and food-to-go. Terminal 4′s expansive shopping mall offers an unparalleled shopping experience for travelers with a wide range of retail options from chic, upscale boutiques, to convenience stores, to electronics, accessories and gifts. Terminal 4 is the only air terminal in North America operated by a private management company. JFKIAT, LLC is owned by Schiphol USA Inc., a U.S. affiliate of Schiphol Group.  Visit us at www.jfkiat.com.

###