Global luxury travel retailer, DFS, owned by LVMH and DFS co-founder and shareholder Robert Miller, has announced an agreement with China Tourism Group Duty Free ( CTG Duty-Free) for the sale of DFS’ ...
LVMH confirmed that it will continue to exit DFS on a gradual basis during its full-year 2025 results presentation and earnings call ...
In big breaking news, China Tourism Group Duty Free is to acquire DFS’s travel retail businesses in Hong Kong and Macau and intangible assets in Greater China.
LVMH is selling its Duty Free Shops (DFS) business in China to CTG Duty-Free, including stores in Hong Kong and Macau and intangible assets.
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