Aeroports de Paris partners for retail venture

Aéroports de Paris has selected The Nuance Group as a partner for the creation of a “Fashion and Accessories” joint venture. This new entity, which should be launched in 2009, will manage an area of about 5,000 m? at Paris-Charles de Gaulle and Paris-Orly airport.

This partnership is a new step in the development strategy of Aéroports de Paris travel retail. The Group will hence reinforce its Fashion & Accessories segment, the most dynamic after the Liquor, Tobacco and Perfume categories.

This joint venture will be set up as soon as it gets approval from the competition authorities. It will allow the partners to pool their expertise in the fields of airport, retail and distribution in order to develop innovative concepts and to offer new brands around the theme of “Parisian elegance and lifestyle”.