Last year Westfield Concessions Management, the Terminal Concessions Manager for LAX, selected a business venture comprised of Hudson Group and a group of local partners to build and operate 19 new shops in the newly renovated international terminal. The list of shops includes five travel essentials stores; 13 specialty retail stores, including luxury brands like Emporio Armani, Bulgari, Coach, Michael Kors, Hugo Boss, Tumi, Virgin/Boost and Bliss; along with local favorites such Fred Segal, Kitson, See’s Candies and Pinkberry.Joe DiDomizio, President & CEO of Hudson Group, said: “This award is a milestone for our partnership group, probably one of the most significant wins in our 25-year history. It demonstrates our transition from a company perhaps best known as an excellent newsstand operator to a company at ease with operating international luxury brands. For that we can thank the growing reputation of our marketing and merchandising team, and the support of our parent company, Dufry. As the largest duty free operator in the world, Dufry has relationships with all the top designer and luxury brands. This access has greatly enhanced the portfolio of offerings that we are able to offer to airports.”
Hudson Group, the largest duty-paid travel retailer in North America, is a wholly-owned subsidiary of international duty-free travel retailer Dufry AG (DUFN) of Basel, Switzerland. The company operates some 700 Hudson News, Hudson Booksellers, cafes, specialty retail and duty free shops in 70 airports and transportation terminals in the United Statesand Canada, and additional newsstands in 12 more countries around the world. The combined Dufry/Hudson entity oversees over 1,200 stores in 44 countries and 155 airports and terminals.
The joint venture is comprised of Hudson Group (HG) Retail, LLC and an assembly of dynamic LA businesses that provide local focus and understanding of the Los Angeles marketplace. The group includes equity partner Concourse Ventures, Inc. (Dale Cochran, principal), along with ACDBE partners Palazzo Concessions (Simeon Stewart and Michael Washington, principals); The Zaman Group (Karim Zaman, principal); MAJ Collection (Julie Jun, principal); and Arandia Designs (Luis Arandia, principal).Stores will be ready when the terminal opens this summer, beginning with a bevy of newsstand brands, includingEntertainment Weekly News, CNN Newsstand – Los Angeles, a news/gift store called Angeleno, and the newest incarnation of the Hudson News brand, called simply Hudson. Hudson takes the best of the traditional Hudson News shops and enhances it with a fresh, new look and the tech products and healthy snacks that travelers want.