SINGAPORE. Swarovski Singapore has won the tender for a speciality/brand name concession at Singapore Changi Airport Terminal 2.
The company will operate an 80sq m unit at Departure/Transit Lounge North, when its contract begins on 1 May. The concession runs for three years.
Swarovski beat competition from the Apple brand for the space. Apple was the only other bidder for the unit. Swarovski offered 26% of Monthly Gross Sales or A Minimum Monthly Guarantee of: S$35,000 in Year 1; S$40,000 in Year 2; S$45,000 in Year 3, whichever is higher.
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