China Tourism Group Duty Free has completed the acquisition of DFS’s Greater China retail business.
In the fourth quarter, revenue reached 16.739 billion yuan, representing a year-on-year growth of 11.09%.
Domestic Tourism Market Shows Signs of Gradual Recovery!
China Duty-Free Group launches the fifth edition of the Offshore Duty-Free Shopping Festival in Sanya, with the event running from June to October.
After the completion of the transaction, China Tourism Group Duty-Free Corporation Limited will hold a 49% stake in CNSC.
