LAGARDÈRE S.A. Lagardère Travel Retail partners with RaiseLab, a joint venture between Raise and Schoolab, the first French structure solely dedicated to Open Innovation which supports the transformation of companies to accelerate their innovation projects as well as help them transition to more agile organizations. Their strategic and operational expertise spans the establishment and management of Proof-of-Concepts, project acceleration, and implementation.
This collaboration unfolds in two distinctive phases, showcasing our commitment to accelerate innovation within Lagardère Travel Retail.
In the initial phase, our innovation central teams will join forces with the French Travel Essentials network to implement a series of pioneering Proof-of-Concepts such as flow management, AI translation corner, dynamic screens and advanced vending services. The invaluable insights and knowledge gained from the initial pilot phase will guide us in defining an optimal methodology and governance structure for accelerating implementation across our network. The expertise acquired will be a catalyst, benefiting our entire network and empowering us to deliver innovative, customer-centric solutions more efficiently and faster.
Claire Duflos, VP Marketing Lagardère Travel Retail said: "We believe that by reinforcing and accelerating our innovation initiatives through the strategic partnership with RaiseLab, we can elevate the Travel Retail shopping experience. Our goal is not only to meet the evolving needs of our landlords and travellers but to exceed expectations by constantly pushing the boundaries of what's possible in Travel Retail innovation."
Lagardère Travel Retail aims to design and deliver agile, relevant, and value-added innovative solutions tailored to landlord commercial expectations and passenger needs, creating seamless and memorable travel experiences.
An example of Lagardère Travel Retail's unique ability to continually redefine and elevate the travel experience is the integration of the world's leading-edge technology with the opening of three automated stores last year.
Paul Jeannest, CEO of RaiseLab commented: "We at RaiseLab are thrilled to announce our recent partnership with Lagardère Travel Retail to spearhead the framing, experimentation, and deployment of five cutting-edge retail innovation projects. These experiments will be conducted first within their French Travel Essentials network, aligning with Lagardère Travel Retail's strategic push to accelerate digital innovation projects ahead of the 2024 Olympic Games and throughout 2024. Our role as innovative alliance builders is to guide the group through this experimentation journey, ensuring the successful rollout of projects across multiple countries and the entire network. We are very excited to embark on this collaborative venture with Lagardère Travel Retail's innovation teams and are appreciative of the confidence they've placed in us!"
About Lagardère Travel Retail
One of the two priority divisions of Lagardère group, Lagardère Travel Retail is a leading global Travel Retailer, with the longest standing expertise of serving the needs of travelers and partners across Travel Essentials, Duty Free & Fashion and Foodservice. Lagardère Travel Retail operates over 5,120 stores in airports, railway stations and other concessions in 42 countries, and has generated €6.6 bn in sales (100%) in 2023.
We harness our pioneering culture to make travel more enjoyable with bespoke offers and experiences. We invest our world-class global expertise and local knowledge to design value-creating partnerships and experiences for our stakeholders: landlords, brands, travelers, employees and communities.
We actively champion the more sustainable future of Travel Retail through our comprehensive CSR strategy, covering all aspects of where we, as a business, have an impact and can make a difference.
www.lagardere-tr.com ● @LagardereTR
About Raiselab
RaiseLab supports corporate teams in designing, building and executing strategic alliances between enterprises and relevant technical players such as startups, scale-ups, researchers and innovative SMEs. We have a boutique innovation consulting practice with a global reach and a thriving BtoB-focused co-working and events space located in the heart of Paris - La Maison RaiseLab.
Our work stems from a belief that entrepreneurship and new technologies are forces that can positively impact the world, by enabling entrepreneurs, researchers and enterprises to forge alliances to create a more sustainable, resilient and inclusive economy. We are based in France but our consulting practice has a global reach across all industries, including clients such as LVMH, CITEO, EDF, Veolia, SNCF, L'Oreal, BNP Paribas, Chiesi, Lagardère, Danone…
raiselab.co ● Linkedin ● Instagram ● Facebook ● YouTube
Emeline Bizot, International Communications Manager
Elodie Arnould, Head of Communications & Partnerships
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Lagardère SA published this content on 18 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2024 18:47:10 UTC.
