The Nuance Group has won a seven-year contract from Infratil Airports Europe Ltd (IAEL) to manage the duty free and duty paid stores at Glasgow Prestwick airport, commencing February 2006. The contract is expected to
generate sales revenues of E80m ($94.7m) over the full term.
Prestwick currently handles around 1.5m departing passengers a year, of which around 0.5m travel to the UK mainland each year.Nuance will be operating from the existing shop which covers 312sq m offering liquor, tobacco, perfumes and cosmetics, as well as confectionery, gifts, technology, souvenirs and fashion accessories. The fashion offer will primarily feature sunglasses and a choice of Bijoux Terner products.
The partners have agreed on an enhancement of the existing offer during the third year of the contract. Nuance has also been offered the opportunity to partner with IAEL at their two other airport locations ? at Kent International and Lubeck in Germany.
Kate Thripp, IAEL General Manager Commercial, comments: ‘I am delighted to award Nuance the contract at Glasgow Prestwick and we are also excited about future prospects across the Infratil Group. We currently have a supply agreement with Nuance subsidiary, Ocean Trading, and this is a fantastic opportunity for us to develop that relationship. Nuance displayed real flair and understanding in empathising with the IAEL vision to provide a unique shopping experience for all of our passengers.’
Carlo Bernasconi, Nuance?s Ceo Europe said: ‘We are pleased to have been awarded this concession and thereby to have gained another foothold in the important UK market. We now look forward to working in close relationship with the airport authority to provide our joint customer with an excellent shopping experience.’