Comment & analysis: Profit over prestige as Nuance drops Rome contracts

Gavin Lipsith

15-Mar-2005

The Nuance Group's decision to withdraw from its loss-making speciality and fashion retail contract at Rome Fiumicino airport is the first indicator that the retailer is prepared to take drastic action to protect its bottom line where necessary

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When DFNI interviewed Roberto Graziani earlier this year, the Nuance CEO was adamant that walking out of locations would be a last resort. In Italy the retailer has hit that

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(15-Apr-2005) - ITALY. Dufry Group has pulled out of negotiations with airport authority Aeroporti di Roma (AdR) to take over specialist stores to be vacated by The Nuance Group at Rome Fiumicino airport
(29-Apr-2005) - Aeroporti di Roma is to choose from three bidders for fashion and fine food contracts at Rome Fiumicino airport
(1-Mar-2005) - ITALY. Airport authority Aeroporti di Roma (AdR) has confirmed that The Nuance Group plans to withdraw from Rome Fiumicino airport
(15-Jun-2005) - Aeroporti di Roma (AdR) and Dufry Group have reached a mutually satifactory end to their recent negotiations, if the retailer's recent contract gain at Rome Fiumicino is anything to go by