SINGAPORE. South Korean duty free powerhouse Shilla Travel Retail has won a key watches concession at Singapore Changi Airport Terminal 3. The contract covers two airside stores of 157sq m and 145sq m respectively, which will operate under the Maison de Chronus retail branding.
The concessions run for three years each, one from 9 January and the other from 9 April. There is a renewal option for a further two years, to be decided on by Changi Airport Group.
The move extends Shilla’s presence at Changi, where it already manages the perfumes & cosmetics concession. The company has been heavily focused on expansion beyond its core Korean base in recent years.