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Chinese state media salutes China Duty Free Group’s world number one travel retailer ranking

08/30/2021| 2:19:49 PM|

Global Times cited The Moodie Davitt Report’s extensive coverage of the Hainan offshore duty free market.

Powerful state media Global Times has applauded China Duty Free Group’s (CDFG) achievement in becoming the world’s number one travel retailer by 2020 sales according to The Moodie Davitt Report’s annual rankings.

Describing The Moodie Davitt Report as “the global travel retail industry’s authoritative media”, Global Times noted that as the channel was hit by the pandemic, CDFG adjusted its focus in time to seize opportunities during the crisis.

It continued: “The huge market return has further activated CDFG’s new momentum for innovation and development. With the strong support of its parent company, China Tourism Group, CDFG is actively participating in the construction of Hainan Free Trade Port, and continues to consolidate the five major capabilities of procurement, operation, channel expansion, digitalisation and marketing.”

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TAGS: China | duty free | travel retail | Hainan
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