Brisbane Airport extends duty-free contract with Lotte, plans unique concept

(Source: Supplied)

Lotte Duty Free has secured an additional 10-year lease at the Brisbane Airport for an expanded store offering more product categories, effective February 1 next year.

The duty-free retailer will expand its store footprint from the current 2795sqm across arrivals and departures to a 3900sqm departure store, a 1056sqm arrival store, a ‘Last Chance’ store, and a 38sqm atrium retail area.

“Our renewed partnership with Brisbane Airport Corporation will create a truly amazing retail experience worthy of Brisbane’s incredible future,” said Steve Timms, Lotte Travel Retail Oceania CEO.

“There is nothing in the Brisbane store design that has similarity to any other place. It will be a bespoke design, capturing the flavour of Brisbane.”

The expansion will allow Lotte Duty Free to offer more product categories such as technology, food and confectionery, with a focus on local brands and produce, especially in Queensland as the retailer will create a “uniquely Brisbane” space.

In addition, the company said it will use its Korean headquarters to promote tourism to Brisbane and Queensland.

The 10-year lease comes as the Brisbane Airport undergoes a $5 billion Future BNE development program, which includes putting up a third passenger terminal and major refurbishments to existing terminals.

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