The Moodie Davitt Report -The Moodie Davitt Report

FRANCE. Significantly, Lagardère Travel Retail is maintaining its co-partnership status with Groupe ADP in a new joint venture.

The French travel retailer will be a partner of the airport company in Extime Duty Free Paris, as part of the deployment of the new Extime hotel and distribution brand unveiled in February.

This news follows a public consultation on Groupe ADP’s duty free and retail activities for Paris-Charles de Gaulle and Paris-Orly airports.

Extime Duty Free Paris will operate approximately 140 beauty, gourmet, technical and fashion outlets. It will be owned 51% by Groupe ADP and 49% by Lagardère Travel Retail, subject to the approval of the competent competition authorities.

The joint venture encompasses retail and hospitality services across the vast Groupe ADP domain. Pictured is a Valentino pop-up from L’Oréal Travel Retail at Terminal 2F of Paris Charles de Gaulle Airport.

As noted, the mega-tender involved approximately 140 stores, including multi-brand and single-brand stores, with sales valued at around 750 million euros per year, based on the average annual turnover of these stores between 2017 and 2019. Aéroports de Paris (ADP) estimates total revenue of 9.4 billion euros over ten years, starting in January 2023.

“Airports are places to live and our passengers want to be able to relax, have fun, shop and find the best of Paris and France in terms of shops and services once they have gone through check-in. and security checks”, said Aéroports de Paris SA-Groupe ADP Chairman and CEO Augustin de Romanet.

“Extime Duty Free Paris, an expert in travel retail, will bring Groupe ADP’s new hotel brand, Extime, to Paris to offer our passengers a unique and memorable experience.

“Paris airports are the first and last image many travelers have of Paris and France. Under the new and ambitious Extime brand, we look forward to continuing our partnership with the Groupe ADP teams to offer travelers unforgettable shopping experiences and bring them the best of Paris and France, in terms of culture and know-how. “said Lagardere. Chairman and Chief Executive Officer of SA Arnaud Lagardère.

As indicated, the new Extime concept revolves around four value creation levers. This includes boosting traffic through aviation marketing focused on high-contributing destinations such as China. It also aims to drive pre-travel demand “via a successful digital ecosystem comprised of a loyalty program” – brands will include Extime Reward and Extime Pass, as well as a marketplace

It is planned to deploy the new strategy at Paris airports from 2022/23, then across Groupe ADP, and at the other airports from 2024.

How Groupe ADP presented its new concept in February as part of its strategic roadmap (click to enlarge all slides)

The Extime concept will drive average spending to new heights, according to Groupe ADP. Click on the image to enlarge.

To note: The Moodie Davitt Report is the industry’s most popular channel for initiating business proposals and publishing the results. If you would like to promote an expression of interest, request for proposals or a full tender process for any area of ​​airport revenue or other travel-related infrastructure, simply email Martin Moodie at

We have a variety of options that will allow you to reach the largest and most qualitative dealer/retailer/operator base in the industry – globally and immediately.

Likewise, the Moodie Davitt Report is the only international business intelligence and industry media service to cover all airports or other travel-related, revenue-generating and other consumer services. We encompass all commercial revenue, including duty-free and other sales, food and beverage, real estate, passenger lounges, hotels, parking lots, hospitals and other medical facilities, internet, advertising and sources of related income.

Please send relevant material, including images, to Martin Moodie at for instant, quality global coverage.

Comments are closed.