Thursday, November 16, 2006

RavenFox: Alpha-Pantaloon to operate duty-free at Delhi

RavenFox: Alpha-Pantaloon to operate duty-free at Delhi: "Alpha-Pantaloon to operate duty-free at Delhi
15-Nov-2006
Gavin Lipsith


The partnership between global travel retailer Alpha Airports Group and Indian domestic retail conglomerate Pantaloon Retail has won the Delhi tender, valued at $110.6m
Delhi International airport owner GMR-DIAL has awarded its duty-free retail licence to Alpha Airports Group’s joint venture with Indian domestic retail conglomerate Pantaloon Retail (India). Alpha-Pantaloon Consortium’s contract, valued at Rs5bn ($110.6m), will last for three years and three months.
Delhi managing director Srinivas Bommidala said: “We are extremely pleased to appoint Alpha-Pantaloon as the duty-free operator for the Delhi airport. Their extensive experience across the globe and in the country matches Delhis vision for providing world-class experience to travellers.”
Alpha Group CEO Peter Williams added: “This exciting development continues to build on our Indian sub-continent experience and forms part of our strategy for the region.”
The consortium has promised to bring international retailing standards to Indian airports, with its Delhi stores featuring an extensive range of brands selected after research into passenger demographics, customer profiling & destination requirements."