|The heritage of Tiffany &
Co. in two exclusive boutiques at Paris-Charles de Gaulle.
At the beginning of the 2nd semester
2017, SDA, the joint venture between Lagardère Travel Retail and Groupe ADP,
will open 2 Tiffany boutiques in Charles de Gaulle airport. These two shops
will be as precious as their jeweller’s craft. The travellers passing through
the gates K and M of Terminal 2E of Paris Charles-de-Gaulle airport will have
the pleasure to admire and enjoy these gorgeous designs.
The Tiffany & Co boutiques will be located into the BuY Paris Duty Free stores.
Tiffany & Co. chose, in their expansion strategy, to extend its
distribution in France in Paris-Charles de Gaulle airport. It is a great
opportunity for the brand to catch French travellers as well as international
ones. As an exceptional showcase, Paris-Charles de Gaulle can enhance their
products as well as their expertise.
Paris Aéroport, Groupe ADP'
dedicated brand to travellers is
delighted to enhance its allure through the presence of this unique brand. It
is a great opportunity to add a major brand complement to the current
Lagardère Travel Retail views this partnership with Tiffany & Co. as an
opportunity to develop business especially on the jewellery activity.
SDA is very proud to introduce Tiffany & Co. into the
Paris Flagship terminal of CDG-2E and to develop its jewellery portfolio. Guy
Bodescot, SDA CEO says “we are very excited to contribute to Paris Aéroport
strategy of creating the ultimate Parisian shopping experience by this new
partnership, with one of, if not the most iconic and desired US brands with
such a rich history and expertise. We are now preparing for a simultaneous
opening of both stores before the summer season peak.”
Tiffany is the
internationally-renowned jeweler founded in New York in 1837. Through its
subsidiaries, Tiffany & Co. manufactures products and operates TIFFANY
& CO. retail stores worldwide, and also engages in direct selling through
Internet, catalog and business gift operations. For additional information,
please visit www.tiffany.com.
About Groupe ADP
Groupe ADP builds, develops
and manages airports, including Paris-Charles de Gaulle, Paris-Orly and
Paris-Le Bourget. In 2015, Groupe ADP handled more than 95 million passengers
and 2.2 million metric tonnes of freight and mail at Paris-Charles de Gaulle
and Paris-Orly, and more than 55 million passengers at airports abroad through
its subsidiary ADP Management. Boasting an exceptional geographic location and
a major catchment area, the Group is pursuing its strategy of adapting and
modernising its terminal facilities and upgrading quality of services; the
Group also intends to develop its retail and real estate businesses. In 2015,
Group revenue stood at €2,916 million and net income at €430 million.