Sunglass Hut tops bidding for optical shop concession at Changi Terminal Three – 01/03/07

SINGAPORE. Sunglass Hut (South East Asia) has topped the bids for an optical shop concession at Singapore Changi Airport’s new Terminal Three, Departure/Transit Lounge South.

The company was one of two bidders for the contract. It offered either 36.5% of the total monthly gross sales; or a minimum monthly guarantee payment of S$60,000, whichever is higher.

Rival Capitol Optical Co offer either 25% of sales or a minimum monthly guarantee payment of S$50,000, whichever is higher.

The contract is for three years and begins when the new T3 opens, probably in early 2008.

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