Lagardere Travel Retail Asia Pacific is to introduce a new take on its Fashion Gallery retail concept in Singapore’s Changi Airport Terminal 2 this month.

COO Emmanuel de Place says the initiative is just one of many ongoing retail developments across several Asia locations this year as LTR continues to update its growing fashion offer alongside its duty free, travel essentials and foodservice businesses.

De Place says he is convinced Asia will continue to progress over the next five years. “The potential of travel retail growth is definitely enormous, even though there have been some questions in the past few years about the high-end luxury segment.”

Meanwhile, LTR is still interested in Hong Kong’s Mass Transit Railway (MTR) express train concession at the West Kowloon Terminus, which will connect Hong Kong with the mainland when it is finished.