GRN: Please describe your retail park.
Benoit Verdier: The Relay brand (Lagardère Group) has 1,037 stores in 14 countries. As we specialise within railway stations and airports, we are mainly based in Europe (with 370 points of sale in France). The other 120 or so units are spread over the U.S.A., Canada, the Middle East and Asia-Pacific. We operate with an integrated model and very little franchising. Revenue and traffic are obviously reduced but we are not worried, as our travel retail...