Trbusiness. The travel retail Trbusiness. The magazine for global retail and duty free professionals.Lacoste reopens 62sq m Singapore Changi Terminal 2 travel retail store
By Andrew Pentol |
Lacoste has announced the reopening of a Le Club duty free store in Singapore Changi Airport Terminal 2
In a press release dated 20 March 2020, the company says the 62sq m store aims to offer a premium shopping experience to local and international travellers.
Currently operating more than 170 travel retail boutiques worldwide, Lacoste is looking to strengthen and expand its DF&TR business into new geographical areas and develop new channels such as cruise and online.
It is also exploring new ways of connecting with consumers before, during and after trips.
As reported, current concessionaires in Changi Airport’s four terminals and in both the transit and public areas, will be offered a 50% rebate on their monthly basic rental for a period of six months effective 1 February 2020 (or any later tenancy commencement date).
This is in addition to an automatic rental offset tied to passenger movements at Changi Airport, which concessionaires will receive as part of their tenancy agreements.
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