Lazurde Exclusive Jewellery Supplier in Three top Saudi Airports
L'azurde Company for Jewellery (" L'azurde" or "the Company"), the largest gold and precious jewelry developer, supplier, representative and merchant Middle East, today announced the finalizing of a special operating agreement with Saudi French Responsibility Free Workflow and Monitoring, a department of Lagardre Traveling Retail. The agreement sees L'azurde become the special supplier of gold and jewellery in the global terminals of Saudi Arabia flight terminals: King Khalid International Flight terminal, King Abdulaziz International Airport, and King Fahd International Airport terminal.
David Bisset, Chief Executive Office of Lagardre Travel Retail in Saudi Arabia, and Selim Chidiac, Chief Executive Officer of L'azurde Company for Jewelry, signed the contract at L'azurde's headquarters in KSA, Riyadh.
Under this agreement, L'azurde will come to be the unique distributor of jewellery and gold at the worldwide display rooms in Riyadh, Jeddah, and Damam, offering brand-new earnings streams to the company and diversifying its earnings by broadening its retail operations, and targeting a new segment of customers.
Discussing the agreement, Selim Chidiac said: "We are honored to be collaborating with Lagardre Travel Retail, an introducing and top traveling retail gamer with global reach. With retail sales expected to begin by Q3 2017 at Saudi airports, our agreement with Lagardre Travel Retail is anticipated to increase L'azurde's annual incomes by 10%.".
" As we continue to broaden our traveling retail business in the Middle East, we are pleased to partner with L'azurde, their online reputation as a leading supplier and retailer of gold and jewlery products makes them the ideal fit for our expanding business." stated David Bisset.
The complete number of travelers going through Saudi airport terminals is expanding. On April 25, 2016, Saudi Arabia announced Vision 2030, an enthusiastic economic plan, which seeks to branch out the Kingdom's sources of income through a variety of pillars, including: boosting the variety of pilgrims and Umrah, strengthening the setting of the Kingdom as an excellent traveler destination, and leveraging its geographical placement in boosting the circulation of international trade in between Asia, Europe and Africa and maximizing its economic growth.
" The 2030 Vision will certainly improve the Kingdom's global financial standing, develop business chances as the Kingdom leverages its geographic area, as well as branch out Saudi Arabia's incomes, and assistance airport terminal traffic. This will even more improve the importance of Saudi airports, and give fantastic chances for us," said Chidiac.
