SINGAPORE. One of the year’s most competitive Changi Airport retail tenders – for four mid-priced fashion concessions in the new Terminal Three – has ended with victory for Giordano Originals, Lianbee Ltd, Robinson & Co and Pedro Group. All four units are in Departure/Transit Lounge North at the new T3, which opens on 9 January.
Lianbee-Jeco Ltd (representing the Braun-Buffel Boutique brand) has won the 71sq m Concession A. It offered 41% of the total monthly gross sales OR a minimum monthly guaranteed payment of S$61,500, whichever is higher.
Giordano Originals (Giordano Ladies) has been awarded the 98sq m Concession B. It offered 15% of the total monthly gross sales OR a minimum monthly guaranteed payment of S$65,000, whichever is higher.
Robinson & Co (Fat Face) has captured Concession C, a 92sq m unit, after bidding 22% of the total monthly gross sales OR a minimum monthly guaranteed payment of S$60,000, whichever is higher.
Pedro Group (representing the Pedro brand) has won Concession D, covering 94sq m. It bid 25% of the total monthly gross sales OR a minimum monthly guaranteed payment of S$38,383, whichever is higher.
The four bidders beat stiff competition from some of Changi’s biggest names to win the business. These included DFS Venture Singapore (which represented the Samsonite, Tumi and Bally brands in the tender), King Power International (Samsonite) and Luxury Ventures, a division of the Valiram Group (which represented Mercedes-Benz and Le Sportsac).
The other bidders were Active World, FJ Benjamin Lifestyle, FJ Benjamin (Singapore), Chomel, Timberland, Esprit Retail, Fossil, GSM Trading, Jay Gee Enterprises, M)Phosis, Opticsflair, Punto, Richburgh Holdings, S1 Fashionwear, The Marketing Co and Trinidad Holdings.
MORE CHANGI TENDER NEWS
Changi Airport calls latest retail and food & beverage tenders in Terminals Two and Three – 11/07/07
Nuance-Watson, Coffee Club and Bina Investment capture Changi T3 café concessions – 06/07/07
Changi Airport awards key brand name bistro and coffee concessions in T3 – 04/07/07
Changi Airport awards key mid-price brand name concessions at new Terminal Three – 03/07/07
