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Hudson
Group Wins 10-Year Contract
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Extension
at Philadelphia International Airport
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Combined with recent market win, travel
retailer more than
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than doubles its operations at the
global travel hub
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East
Rutherford, NJ – March 2019 / Newsmaker Alert / Hudson
Group (NYSE:HUD), a leader in North American travel retail, announces
it has been awarded a 10-year contract extension for nine locations at
Philadelphia International Airport (PHL).
Combined with the Company’s recent market win at PHL including 13 new locations,
the concessions agreements for Terminals A, D, E, F and the B/C Connector
will more than double its current footprint with 17,174 square feet of
retail and food & beverage space.
Hudson
Group will continue to operate its nine existing locations, operating brands
such as Dunkin’ Donuts, Hudson, Life is Good, and Kiehl’s, and has already
added several new specialty stores including 5th & Sunset, Coach, Hudson
News, PHL Sports and Vera Bradley. FAO Schwarz and Ink by Hudson are slated
to arrive later this year.
Nearly
32 million passengers traveled through Philadelphia International Airport
in 2018. The airport ranks within the top 20 airports in the U.S., and
in less than 10 years, PHL has undergone over $2 billion of capital improvements
with $650 million of projects still ongoing.
“We’re
excited to deepen our commitment to Philadelphia International Airport
with expanded and new retail concepts that modernize the travel experience
for PHL’s nearly 32 million annual passengers,” said Roger Fordyce, Chief
Executive Officer of Hudson Group. “This new contract win and extension
agreement reflect our focus on maximizing our passenger traffic exposure
in North America’s top airports, while also diversifying the concepts and
products we offer to better meet the needs of travelers.”
“As
we continue to elevate the passenger experience at Philadelphia International
Airport, we’re pleased to be introducing new brands and concepts that resonate
with the traveling public,” said Paul McGinn, President MarketPlace
Development. “Hudson Group continues to be a reliable, innovative partner
that has a pulse on travelers’ needs. We look forward to continuing our
multi-year partnership.”
Details
on Hudson Group’s new retail concepts include:
Travel
Essentials
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Hudson:
Hudson is the nation’s largest travel essentials and convenience brand
designed with customer ease at its core. Divided into four major categories
and color-coded for ease of navigation, Hudson delivers the lifestyle shopping
experience preferred by today’s traveler. Inspired by the iconic Hudson
News brand, store offerings range from travel and convenience necessities,
tasteful local souvenirs, and electronics, to snacks and beverages, books,
and magazines.
Specialty
Retail
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5th
& Sunset: Hudson Group’s proprietary sunglasses and accessories
store where customers will find a terrific range of pricing options and
leading name brands, such as Gucci, Kate Spade, Maui Jim, Oakley, Ray-Ban
and more.
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Coach:
Coach is a leading design house of modern luxury accessories and lifestyle
collections, with a long-standing reputation built on quality craftsmanship.
Defined by a free-spirited, all-American attitude, the brand approaches
design with a modern vision, reimagining luxury for today with an authenticity
and innovation that is uniquely Coach.
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FAO
Schwarz: FAO Schwarz has been a brand synonymous with quality and innovation,
offering an unparalleled selection of extraordinary toys that have enchanted
generations and cultivated a loyal clientele. With over one hundred fifty
years of operation, FAO Schwarz draws inspiration and will incite one-of-a-kind
experiences to passengers.
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Ink
by Hudson: A new contemporary bookstore built around a core offering
of books, Ink by Hudson serves as a cultural hub to the airport community
and features a curated assortment of bestsellers, small press titles, classics,
prizewinners, local favorites, and a unique selection of toys, stationery,
fashion, artwork, travel essentials and indulgences.
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PHL
Sports: Caters to the traveling public offering brands such as 47 Brand
and New Era. Whether baseball, basketball, football, or hockey, PHL Sports
will evoke a Philadelphian sense of place by sharing passion and appreciation
for its hometown teams.
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Vera
Bradley: An innovative brand for women that specializes in bags, fragrance,
luggage, and accessories and continues to offer new and exciting products
to its consumers. Vera Bradley is most recognized for its colorful patterns
and quilted-cotton bags, which offer beautiful solutions that add brightness
and fun wherever you carry them.
About
Hudson Group
Hudson
Group (NYSE: HUD), a Dufry Company and one of the largest travel retailers
in North America, is committed to enhancing the travel experience for over
300,000 travelers every day in the continental United States and Canada.
The Company is anchored by its iconic Hudson, Hudson News and Hudson Bookseller
brands and operates over 1,000 duty-paid and duty-free stores in 87 locations,
including airports, commuter terminals, hotels and some of the most visited
landmarks and tourist destinations in the world. Our wide range of store
concepts include travel essentials and convenience stores, bookstores,
duty-free shops, branded specialty stores, electronics stores, and quick-service
food and beverage outlets. For more information, visit www.hudsongroup.com
and www.dufry.com.
About
HG-PHL Retailers JV Joint Venture Partnership
HG-PHL
Retailers, JV is a partnership between Hudson Group, one of the largest
travel retailers in North America, and the certified Airport Disadvantaged
Business Enterprise Program (ACDBE) Company: Jack Duggan’s PHL, Inc. The
FAA, state and local ACDBE certifying agencies and individual airports,
administers the ACDBE program, it is designed to help ensure that woman,
and minority owned companies could compete for airport concession opportunities.
About
Marketplace PHL, LLC
MarketPlace
PHL, LLC, is the private partner with the City of Philadelphia in the management
of the food and retail program at Philadelphia International Airport. The
award-winning program offers more than 170 shops, restaurants and services.
The MarketPlace PHL portfolio features local Philly favorites as well as
regional and national brands. MarketPlace PHL, LLC, is a partnership between
MarketPlace Development, a Boston-based airport retail development firm,
and LeJeune & Associates, a Philadelphia-based retail development,
management and consulting firm. For more information, visit PhilaMarketplace.com.
Contact:
Hudson
Group
Kristen
Clonan
201-821-8088
VP
of Corporate Communications
Deborah
Belevan, CPA, IRC
Hudson
Group
VP
of Investor Relations
201-559-2111 |