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Chris Wilkinson: First Retail Group managing director on Auckland Airport promising changes for duty-free · Best of Business

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  Speaker 2: The French are flying into Walkland International Airport. This French
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  Speaker 2: global output, the travel retailer Lagardere, has won an eight
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  Speaker 2: year contract to run the airport's duty free shops for
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  Speaker 2: the next eight years. Obviously, apparently they're going to be
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  Speaker 2: stocking top global brands, which I thought most of our
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  Speaker 2: airport and our international airport duty free stores already were.
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  Speaker 2: But how much better off are you actually shopping duty free?
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  Speaker 2: Chris Wilkinson's the first retail group managing directories with us. Now,
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  Speaker 2: Hi Chris, Hey Ryan, how are you a good Thank you?
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  Speaker 2: Good to have you on the show. This is obviously
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  Speaker 2: a good thing. This is good news that the French
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  Speaker 2: coming here to do this.
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  Speaker 3: Yeah, well we've already got French operator in the end. Now,
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  Speaker 3: so this operator is I guess just a massive scale
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  Speaker 3: around the world. So it's a very promising sign.
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  Speaker 2: Is it true? I mean, yes, you get your GST off,
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  Speaker 2: you get your duty off, but at the prices, actually,
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  Speaker 2: you know, do you get is it one for one?
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  Speaker 2: Do you get back every dollar that you save on
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  Speaker 2: GST and on duty.
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  Speaker 3: Well, it's interesting. I just took a couple of products
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  Speaker 3: before and tested them out. So Bombay Gin, for instance,
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  Speaker 3: fifty six dollars at the airport, it is sixty nine
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  Speaker 3: to ninety nine, but you can get two for seventy
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  Speaker 3: nine or three four hundred and ten. You know, that's
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  Speaker 3: just one example. We know that some products are more expensive.
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  Speaker 3: I mean, if you see Witkers chocolate, well, what were
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  Speaker 3: you're expecting? It's going to be expensive there anyway. But
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  Speaker 3: the key thing about gfree is it gives you a
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  Speaker 3: lot of selection, and particularly in cosmetics and perfumery, you
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  Speaker 3: won't find that level of selection in general retail.
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  Speaker 2: Yeah, yeah, I agree with that. But is it as
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  Speaker 2: cheap as it should be? I guess this is the question,
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  Speaker 2: and there's anyone watching. I mean, what laws do you
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  Speaker 2: have to follow on and buy buy if you're in
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  Speaker 2: the airport.
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  Speaker 3: Well, look, there'd be a question for Auckland the airport.
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  Speaker 3: But what you will find, also, Ryan, is that the
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  Speaker 3: product sizes are often different than you buy in normal retail,
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  Speaker 3: so it's sometimes quite hard.
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  Speaker 2: To compare at like for like, Okay, Chris, thank you
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  Speaker 2: very much about Chris Wilkinsentsous Retail Group.
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