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With these new concessions, Nuance-Watson (Singapore) and DFS will seek to raise the bar for luxury at Singapore Changi Airport Terminal 2 (Photo: Changi Airport Group) |
SINGAPORE. Nuance-Watson (Singapore) with Emporio Armani and DFS with Burberry have captured the latest luxury brand name concessions at Singapore Changi Airport Terminal 2, following a competitive tender.
Nuance-Watson (Singapore)’s contract runs for three years from 1 January 2013, with DFS’s running from 15 February. There is no renewal option at the end of the tenancy in either case.
The Emporio Armani boutique will be housed in a 103sq m space, with Burberry in 114sq m in Terminal 2.
Nuance-Watson (Singapore) Managing Director Ken Tse reacted with delight to the news. He said: “We have studied the current and soon-to-change Terminal 2 passenger profile and found Emporio Armani to be an excellent fit to exploit the growing affluence of Singapore’s young executives, and the new generation of luxury-conscious consumers. We are excited about winning and operating this new unique concession and believe it will enhance the total Changi Airport experience.”
The tender attracted strong interest, with seven bids placed for the two concessions in this highly sought after retail location.
1. DFS Venture Singapore (Pte) Ltd; Brand/Concept: Burberry
2. DFS Venture Singapore (Pte) Ltd; Brand/Concept: Coach
3. Jay Gee Enterprises (Pte) Ltd; Brand/Concept: Aigner
4. Lagardère Services Singapore Pte. Ltd; Brand/Concept: Fendi
5. Luxury Ventures Pte. Ltd; Brand/Concept: Michael Kors
6. Nuance-Watson (Singapore) Pte. Ltd; Brand/Concept: Emporio Armani
7. Taiwan Yamani, Inc; Brand/Concept: Offermann