Only days before the bidding deadline, Hong Kong airport’s management has changed the structure for its retail concession tenders.
The Hong Kong Airport Authority has withdrawn the general merchandise category from the list of retail tenders due on February 2, and instead is seeking bids for individual contracts such as watches and clothing on a shop-by-shop basis, while also introducing cross-merchandising initiatives.
This means some fashion goods can be included as part of the perfume and cosmetics concession, while accessories and gourmet food will be incorporated into the liquor and tobacco category.
Under the new contract qualification terms, it is understood that the authority will allow only a single bidder to win a single contract and not both, reports TRBusiness.
Shops must be rebuilt under the concession process, and while DFS Group invested in a redesign of all shops in the previous round, it resigned the business early.
It also waived its right to take up its three-year extensions for its separate liquor and tobacco, general merchandise and perfume and cosmetics concessions, awarded in 2012.