Wangfujing’s duty-free business generated revenue of ¥136 million with a gross profit margin of 13.46%. Currently, it accounts for 2.05% of the total revenue.
As long-term strategic partners, China Duty Free Group and InterContinental Hotel Group are currently furthering their collaboration in the realm of hotel investment and development.
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.
The Richemont analyst conference provided a wealth of valuable insights and disclosures.
Jean-Jacques Guiony said that fashion leather dividend should benefit from a strong push from Mainland China in 2023.
Italy brings over 140 exhibiting brands to cover various categories such as fashion, furniture, cosmetics, agricultural products, jewelry, automobiles, and more.
Using videos to tell their stories and furthering the main theme of sustainability.
The barricade of Louis Vuitton signifies the entry of the first luxury brand into Haikou’s Mixc.
Under pressure, China Duty Free chooses to deepen its roots in the Hainan market.