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Lagardere Travel Retail is a global leader in travel retail, operating over 4,600 stores in 39 countries worldwide. It is a subsidiary of Lagardere Group, a media conglomerate based in France. The company operates in three main areas: duty-free and luxury retail, foodservice, and travel essentials. With its extensive network of stores, Lagardere Travel Retail serves millions of travelers every year and offers a wide range of products and services.
History of Lagardere Travel Retail
Lagardere Travel Retail was founded in 1852 as a newsstand in Paris. Over the years, the company expanded its operations and entered the travel retail market in the 1980s. In 2001, it acquired the travel retail division of Duty-Free International, which gave it a strong presence in the Asia-Pacific region. Since then, Lagardere Travel Retail has continued to grow through acquisitions and partnerships with airports and other travel-related businesses.
Products and Services
Lagardere Travel Retail offers a diverse range of products and services to meet the needs of travelers. Its duty-free and luxury retail stores offer a wide range of products, including cosmetics, fragrances, fashion accessories, and spirits. Its foodservice operations include restaurants, cafes, and bars, offering a range of dining options to travelers. In addition, Lagardere Travel Retail offers travel essentials such as books, magazines, and travel accessories, making it a one-stop-shop for all travel-related needs.
Global Presence
Lagardere Travel Retail operates in 39 countries worldwide, with a strong presence in Europe, Asia-Pacific, and the Middle East. It has partnerships with over 230 airports and railway stations, as well as other travel-related businesses such as cruise lines and hotels. Its global reach allows it to serve millions of travelers every year, making it one of the largest and most successful travel retail companies in the world.
Lagardere Travel Retail and Sustainability
Lagardere Travel Retail is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact. It has set targets to reduce its carbon footprint, energy consumption, and waste generation, and has implemented measures such as energy-efficient lighting and waste reduction programs. In addition, it has launched a number of social responsibility initiatives, such as supporting local communities and promoting diversity and inclusion in the workplace.
Frequently Asked Questions
What is Lagardere Travel Retail?Lagardere Travel Retail is a global leader in travel retail, operating over 4,600 stores in 39 countries worldwide. |
What products and services does Lagardere Travel Retail offer?Lagardere Travel Retail offers duty-free and luxury retail, foodservice, and travel essentials such as books, magazines, and travel accessories. |
Where does Lagardere Travel Retail operate?Lagardere Travel Retail operates in 39 countries worldwide, with a strong presence in Europe, Asia-Pacific, and the Middle East. |
What is Lagardere Travel Retail’s commitment to sustainability?Lagardere Travel Retail is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact. |
Conclusion
Lagardere Travel Retail is a global leader in travel retail, offering a wide range of products and services to meet the needs of travelers. With its extensive network of stores and partnerships with airports and other travel-related businesses, Lagardere Travel Retail serves millions of travelers every year. Its commitment to sustainability and social responsibility makes it a company of choice for travelers who value responsible business practices.