LS travel retail Asia Announces Major Partnership with Travel Food Services in India
LS travel retail Asia and Travel Food Services (TFS) have embarked on a strategic partnership focusing on the Indian Travel retail and Food and Beverage markets.
The venture will see the two operators join forces to answer the Duty Free tender opportunities at key Indian airports in Mumbai, Kolkata, Chennai and Bangalore. TFS will also develop the RELAY stores franchise in the country, with LS travel retail supporting in operational management and category expertise.
The partnership has started out on a successful footing, with Delhi International Airport awarding TFS three new RELAY stores. Dag Rasmussen, Chairman and CEO of Lagadere Services, believes that the local knowledge and success of TFS, combined with LS travel retail’s global experience and expertise, will make the venture “a powerhouse of success for the region.”