Page 30 - TFWA World Exhibit 2022 Special Edition
P. 30

INSIDER



          Powerhouse European retail consultancy Harper Dennis Hobbs

          brings its vision and expertise to North America Travel Retail




              When London-based strategic retail                               and administration processes, as well as a
          property consultancy Harper Dennis Hobbs                             10-year-old travel retail division, which is
          (HDH) announced the hire of Nadine                                   headed up by Black.
          Heubel as Senior Managing Director to                                   “We have grown the Travel Retail
          head up travel retail operations in North                            business since 2012 to become the largest
          America this summer, it was a clear                                  consultancy in Europe. We completely
          indication that HDH is serious about                                 dominate the market in Europe,” says
          ramping up its operations in the region.                             Black.
              In the 26 years since it was founded in                             HDH’s travel retail business works
          London, HDH has grown to be a market-                                with both airports and brands and primarily
          leading real estate advisory firm with a                             operates under three arms.
          roster of global blue-chip brand clients,   Simon Black, HDH Executive Director
          and a very strong specialty in travel                                Brand advisory
          retail. In December of 2019, HDH was   appointment. She had most recently been   The HDH advisory service works with
          acquired by full-service U.S. commercial   the CEO of Heinemann Americas, Inc.  some of the world’s best retailers, brands
          real estate services business Newmark   TMI recently spoke with Black and   and F&B concepts, says Black.
          Group, Inc., a market leader in New York   his team about the company’s plans for the    “We advise them on developing their
          and Los Angeles, which is ranked as the   future and the unique capabilities that it   travel retail strategies --from where to open
          #1 brokerage firm in Manhattan by retail   brings to the region.     a store, the size, the look, the venue --and
          deal volume. The acquisition was seen as   According to Black, HDH, as a retail   help them execute the plan,” he says.
          a way for Newmark to further expand its   consultant and advisor, handles about   “For example, we have been working
          European and global presence. At the same   200 different retailer brands, from luxury   with Rituals for the past six years, helping
          time, the deal opened a clear path for HDH   like the LVMH Group, Richemont and   it grow into one of the largest brands in
          to strengthen its operations on the U.S. side   Burberry, to mid-market and high street   travel retail.
          of the Atlantic.                  brands, like JD Sports, Accessorize UK   “We work with about 40 different
              “We are ambitious in our plans to   plus a range of F&B concepts.   brands in travel retail. We advise them with
          expand our business in North America and   The company has a number of   their strategy and we help them expand in
          create a truly global travel retail business,”   other specialties, including a corporate   all channels from airports to cruise ships,
          noted HDH Executive Director Simon   services team which helps retailers   to train stations to airlines. This represents
          Black, in the announcement of Heubel’s   restructure themselves after bankruptcy   about 40% of our business,” he explains.





































          October 2022                                                                             30
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