LVMH’s DFS Group Sells Hong Kong, Macau Stores—and Scraps Key Hainan Project

As travel retailer, DFS, sheds more of its global retail operations and pulls back in Hainan, China’s largest duty-free ...
The Moodie Davitt Report

China Tourism Group Duty Free to acquire DFS’s Greater China operations

In big breaking news, China Tourism Group Duty Free is to acquire DFS’s travel retail businesses in Hong Kong and Macau and intangible assets in Greater China.
The New York Times

Macau Is the Casino Capital of the World. For China, That’s Not Enough.

A quarter century after the former Portuguese colony was made a Chinese territory, Macau’s economic boundaries with the mainland are being blurred. Macau is the world’s most lucrative gambling ...