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China Duty Free Q1 2024 revenue slows -9.45% year-on-year

CDFG stated its offline business (physical stores) continued to experience a steady rebound in the first quarter of 2024

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China Report: Looking at the state of play of the travel retail landscape

DFNI outlines developments among key duty free retailers in mainland China and the key offshore hub of Hainan that will shape the landscape in the year ahead. By Kapila Ireland

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CDFG reveals +24% revenue rise in 2023 to US$9.48bn

The results see CDFG return close to 2021 revenue levels (RMB67.67bn) following a difficult 2022 (RMB54.4bn)

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Baron Emerging Markets Fund Q2 2023 Shareholder Letter

Baron Emerging Markets Fund Q2 2023 Shareholder Letter
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Lead Stories :: DFNI

Lead Stories featured on DFNI Online. Industry travel retail news for duty free products, events, features and videos.

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China Duty Free Group sales climb close to 30% in H1 2023

Parent company China Tourism Group Duty Free Corporation Limited reported the company achieved steady growth in sales in the first half of the year

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CTG 'watchful on profit and scale balance' as gross margin up 7.8% in H1

CTG 'watchful on profit and scale balance' as gross margin up 7.8% in H1
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CDFG parent company confirms 2022 turnover decline of 20%

In 2021, total operating income amounted to RMB67.67bn (US$9.97bn)

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China Tourism Group Duty Free Corporation Limited: CTG DUTY-FREE sets sail in the A+H era by successful listing on the HKEX

HONG KONG, Aug 26, 2022 - (ACN Newswire) - In recent years, the concept of duty-free has drawn much attention. As the only retail operator with four duty-free licenses covering all duty-free sales channels

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