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Stock impact report

WSI Seals 10-year Retail Deal At Australia’s Newest International Airport In 50 Years [Forbes]

SINGAPORE AIRLNS UNSP/ADR (SINGY) 
Company Research Source: Forbes
travel-essentials offer, adding another significant partnership to the JV retailer's portfolio. The deal includes 11 stores across both international and domestic precincts, covering approximately 33,400 square feet. The product offer to shoppers will combine a mix of well-known international brands and travel-exclusive products, with a ‘best of the west' concept showcasing the culture of Western Sydney. Of the total retail space awarded, about 60% will be dedicated to duty-free shopping, and the rest to travel essentials and specialty retail. The 24/7 greenfield gateway, also known as Nancy-Bird Walton Airport has cost 18 billion Australian dollars ($12.4 billion). It is built on the lands of the Cabrogal people of the Dharug nation, and it is likely that some of their cultural heritage will be reflected in the retail offer, a Lagardère Travel Retail spokesperson told me. WSI's CEO Simon Hickey said that with Lagardère AWPL on board, passengers could look forward to “a premium Show less Read more
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