The concessions adds to the operations of the subsidiary of LS travel retail, and has an annual sales target above €20 million.
At Madrid Barajas Airport, it will operate two commercial areas, the larger of these, at 1,000 square metres, is located in T1 (international) and trades under ‘The Fashion Gallery’ name.
It will be a mini department store, with more than 20 fashion brands, as well as an extensive space for jewellery and watches.
At Madrid Barajas T2, now open, the company operates The Fashion Place, a 236 square metre space offering fashion and accessories in the mid to high-end segment.
At the Barajas T4 Satellite, the company will open a new 90 square metre boutique for Salvatore Ferragamo.
The 207 square metre space awarded for ‘The Fashion Gallery’ at Malaga Airport will feature Hugo Boss and Swarovski, alongside Max Mara and Michael Kors.
The commercial offer will complement that of ‘Your Fashion Store’, which Aelia España currently operates at the airport.
At Barcelona Airport T2, the company has been awarded 388 square metre area dedicated to fashion and accessories.
The company will operate its first ‘The Fashion Place’ point of sale at Valencia Airport, with a 200 square metre outlet, featuring Spanish names and international designer brands.
The company says in a press release: “With this major development in Spain, and after the acquisitions of the Gerzon operations in Amsterdam Schiphol early 2014 and of the Paris airports’ fashion business (DFP) in 2011, as well as recent successes in Prague and Warsaw airports, Lagardère Services consolidates its leading position in fashion travel retail in Europe.”