Galaxy Entertainment granted sole license for DEAN DELUCA Macau First cafe to launch at Galaxy Macau this Fall

Stocks and Financial Services Press Releases Thursday August 10, 2017 18:19
Bangkok--10 Aug--Feel Good Together

Galaxy Entertainment Group – one of the world's leading developers and operators of integrated entertainment and resort facilities, and member of the Hang Seng index in partnership with DEAN & DELUCA, the purveyor of fine foods, have come to an agreement to bring its iconic New York lifestyle deli to Macau.

This agreement includes the opening of a minimum 3 cafe locations plus 1 market location over the terms of 10 years starting from 2017. The first cafe will be strategically anchoring itself at Macau's number 1 shopping and cafe society destination - the Promenade Shops in Galaxy Macau™ coming this fall. After the opening of the first cafe, Galaxy plans to open a second 700 square meter plus market in Galaxy Mall by 2018. More cafes are in the pipeline and will happen in the course of this partnership agreement. Galaxy will have the exclusive rights to develop DEAN & DELUCA in specific parts of the People's Republic of China as well as Macao and furthermore expect to explore other investment opportunities.

Founded in September 1977, DEAN & DELUCA opened its flagship store in SoHo, New York. Since then, the founders – Giorgio DeLuca and Joel Dean – have been leading the brand to curate an assortment of the best and most innovative food products from around the globe. Today, DEAN & DELUCA is owned by PACE, Thailand's leader in luxury property, hospitality and retail, with over 60 stores worldwide, including United States, Japan, Thailand, Singapore, Philippines, South Korea, Kuwait and United Arab Emirates, DEAN & DELUCA has grown into a multi-channel retailer of gourmet foods, wines and kitchenware.

"We are proud to partner with DEAN & DELUCA; the brand's reputation for its gourmet goods, its visibility in film, arts, culture and entertainment together with the cosmopolitan lifestyle inspired by its roots in SoHo, New York to its outposts in London, Dubai, Bangkok and Tokyo, will bring another layer of sophisticated urban culture to our cosmopolitan scene in Macau." adds Joanna Lui, who oversees Lifestyle Curation at Galaxy Entertainment Group.

"DEAN & DELUCA is very excited with our partnership with The Galaxy Entertainment Group, one of the world's leading hospitality and gaming companies. With Galaxy's expertise and successful track record, we believe that it will further expand our customer base and help the DEAN & DELUCA brand to reach and create popularity in Macao's market. In addition, there is an option for DEAN & DELUCA and Galaxy to explore more investment opportunities beyond the Macao territory per 'Right of first refusal' contract." said Sorapoj Techakraisri, CEO, PACE.

"The DEAN & DELUCA mission is to enhance enjoyment of food and passion for life through outstanding gourmet experiences. Macau is known as the paradise for gourmands with a wide range of delicious cuisines from all over the world, which is fast evolving from being the world's most successful gaming city into a multi-faceted lifestyle holiday destination. We are thrilled to open our first Chinese branch with Galaxy Macau – one of Asia's most successful integrated resorts" said Geoffrey Upham, International Managing Director of DEAN & DELUCA.

This fall at Galaxy Macau, DEAN & DELUCA will open a 26-seat cafe with an elevated, contemporary look. Featuring distinctive subway tile and Carrera marble with a subtle nod to the Portuguese heritage will also be included in the design. The cafe will be serving grab-and-go items, as well as a selection of DEAN & DELUCA signature retail goods. The menu will include Roast Beef & Caramelized Pumpkin Multi-Grain Sandwich, Spicy Prawns & Guacamole on Squid Ink Bun, Cobb Salad, and Watermelon Salad with Salted Egg. Customers will be able to enjoy delectable sweets such as Blueberry Marble Cheesecake, Yuzu Meringue Tart, Red Velvet Cake and more. The Espresso Bar, featuring all-time-classics like Americano and lattes to specialties like Hong Kong Milk Tea Latte, and also cold drinks such as Burnt custard frappes to mimic the local favorite, Portuguese egg tart, bringing something new but familiar to the guests. Stay tuned for more updates on DEAN & DELUCA's brand new location in Macau.

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