references
INNOVATING TO PRODUCE RESULTS
SHOPS AND SERVICES
BRINGING THE BEST THAT PARIS HAS TO OFFER
R E P O R T O N A C T I V I T I E S A N D S U S TA I N A B L E D E V E LO P M E N T 2 014
Nearly three-quarters of passengers spend more than two hours at the airport. 45% frequent the shops and 40% visit the bars and restaurants. The quality of the retail offering contributes to their satisfaction and plays an important role in making connecting passengers prefer Paris-Charles de Gaulle. In this way, Aéroports de Paris promotes French art de vivre and the spirit of Paris, the capital of luxury, fashion and gourmet foods. DIVERSIFICATION OF PRODUCTS AND SERVICES Shops and retail services are growing rapidly. In 2014, they generated more than a third of consolidated revenue, or €956 million, up 0.7%. Between 2009 and 2014, selling space expanded by 18.4%, from 537,100 sq. ft. to 636,200 sq. ft., including growth of 27.8% in duty free. Forty-one retail outlets were opened in 2014. Together with this growth came a continuous improvement in the products and services offered and in the selling spaces, which boosted sales per passenger(1): €18.20 in 2014, up 3% over 2013, and €19 in 2015. As a reminder, the 2009-15 target is to increase commercial floorspace in dutyfree by 35%.
DEVELOPER, LANDLORD AND OPERATOR Leveraging our skills as a developer, we design attractive retail spaces that will be used to sell products that are in harmony with the spirit of Paris and that resonate with the traveller’s expectations. As a landlord, Aéroports de Paris receives rental revenue based on each shop’s sales. As an operator, we have created three companies jointly-owned with airport retail and advertising specialists to directly manage the largest segments: Société de Distribution Aéroportuaire and Relay@ADP with Aelia, a subsidiary of the Lagardère Services group, and Média Aéroports de Paris with JCDecaux. This business model ensures high profitability compared with the moderate level of investment and contributes significantly to the Group’s earnings. FOUR ORIGINAL STORE BRANDS CENTRAL TO THE RANGE Société de Distribution Aéroportuaire operates under two main brand names: • Buy Paris Duty Free is dedicated to beauty and French art de vivre. It showcases prestigious brands and promotes French savoir-faire with themed areas for private perfumes, a wine and champagne cellar, regional produce and French cheeses;
(1) Sales at airside shops divided by the number of departing passengers.
TO LEARN MORE
aeroportsdeparis.fr
AÉROPORTS DE PARIS
23