WH Smith reviews Asia/Pacific options

3-Feb-2004

ASIA/PACIFIC. At the company's annual general meeting on January 29, WH Smith announced it is to review its strategic options for its Asia/Pacific division, which runs airport outlets in locations including Hong Kong and Singapore.

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The retailer sold its North American airport business to the Hudson Group last year, and last month's announcement has prompted speculation about the future of the Asian division.

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(8-May-2003) - WH Smith has won all ten stores split across two concessions in the Hong Kong International Airport tender for airside and landside news and bookstores
(1-Jun-2004) - SINGAPORE. WH Smith is to complete its withdrawal from Asia/Pacific travel-retail with the sale of its Singapore outlets to TimesNewsLink, a joint venture between Times the Bookstore and Hachette-owned Australian firm NewsLink
(17-Nov-2005) - The WH Smith shops acquired by HDS Retail Asia Pacific in October have been rebranded as Relay and NewsLink shops
(8-Sep-2005) - New Zealand firm A&R Whitcoulls has sold its airport business in Australia and Hong Kong shortly after acquiring the operations from WH Smith