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Search results for “LVMH”
China Labor Day travel to Macau is perfect timing for LVMH-owned DFS
03/24/2021
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7:02:25 PM
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Macau is the only non-Mainlanddestination seeing a rebound from Chinese travelers.
Hainan Island’s sales may soften just as LVMH and Dufry drop anchor
02/10/2021
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12:37:47 PM
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This is a big step for Dufry as it is a first toe in the water of the mainland China duty-free market.
Absent Chinese tourists impact western luxury
09/10/2020
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5:00:01 PM
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According to Bain & Company, Chinese consumers made 27% of their luxury purchases in China in 2018, up from 23% in 2015.
Would you stay in a Louis Vuitton hotel right now?
09/03/2020
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7:03:19 PM
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Either way, expanding into new categories amid the worst luxury downturn in modern history is not for the fainthearted.
DFS and Shenzhen Duty Free Group strengthen partnership in milestone ceremony at Hainan Expo
05/10/2021
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11:06:24 AM
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DFS Group and its longtime business partner Shenzhen Duty Free Group today signed a strategic agreement to cement their collaboration in Hainan.
Rich shoppers stuck in China fuel an unlikely boom in duty free
02/04/2021
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10:47:12 PM
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China’s share of the global luxury market—the goods typically sold at duty-free—almost doubled last year to 20%.
LVMH close to $2.6 billion deal to buy Belmond
12/14/2018
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12:14:29 PM
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Potential buyers weighing an offer for all or part of the company included KSL Capital Partners LLC, Blackstone Group LP, KKR & Co. and Ashkenazy Acquisition Corp., people familiar with the matter told Bloomberg.
China Duty Free aims for place among the global industry's top three
11/21/2017
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2:37:23 PM
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China Duty Free Group, a unit of the China National Travel Service Group Corp, is looking to become one of the world's top three duty-free operators, possibly as soon as next year.
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