Travellers account for 40 percent of global spending on personal luxury goods, with 12 to 13 percent captured through dedicated travel retail channels. Who is best positioned to capitalise?
PARIS, France — Luxury brands are stepping up the battle for travelling shoppers with more outlets at airports and on cruise ships, tapping into one
Divia Harilela sits down with Philippe Schaus, chairman and CEO of DFS Group, to discuss the growing travel retail market, the spending patterns of Chinese travellers, and the evolution of DFS.
HONG KONG, China — DFS Group, an operator of duty-free shops controlled by LVMH Moet Hennessy Louis Vuitton SA (MC), said it plans to open its first
PARIS, France — Justine Le Sassier wouldn't be caught dead buying a Louis Vuitton handbag.