Lagardere Extends F&B Foothold In Middle East As Global Sales Rebound By 33%

Lagardere Extends F&B Foothold In Middle East As Global Sales Rebound By 33%

Flour + Stone is one of several foodservice units being incorporated into Lagardère Travel Retail. ... [+] Lagardère Travel Retail and independent, Dubai-based restaurateur HWH are joining forces by incorporating the latter's portfolio of food and beverage (F&B) operations into the global travel retailer's operations. The deal covers 13 existing restaurants at Dubai International Airport plus "a pipeline of other opportunities" according to the French travel retailer. All of them will be part of a business unit called Lagardère-HWH Travel Retail which should be in place by March. The portfolio includes a broad mix of F&B brands like Fix, Roti Bai, Treehouse Juicery, Flour + Stone, Tranzeet and Grabb'it. Paris-based Lagardère Travel Retail already operates the Daily DXB, a bespoke street food concept covering 6, 500 square feet (600 square meters) in Dubai International's Terminal 3 which is the hub for the airline Emirates. In a statement, Vincent Romet, the CEO of Lagardère Travel Retail France and chief operating officer for Saudi Arabia and the Middle East, said: "This partnership is a significant step for us in consolidating our F&B expertise in the region and in developing the very fruitful partnership we have with Dubai Airport." The move bumps up