WebDec 28, 2024 · Hainan Tourism Investment received its offshore duty-free trading license for surrounding islands in August, as well as its license for the import of duty-free consumer goods. Suning International ... Web13 hours ago · In the first quarter, China Duty Free Group, the world's largest travel retailer in terms of sales revenue, saw its sales exceed the pre-COVID levels of the same period of 2024. The group said its duty-free shopping complex located in Haitang Bay of Sanya …
Duty-free biz boosts Hainan FTP
Web14 hours ago · Major Chinese duty-free retailers said offshore duty-free shopping in Hainan province, a top vacation destination, has become key to boosting consumption upgrade in China, with the duty-free sector playing a significant role in supporting the backflow of international spending into Hainan. http://en.ce.cn/main/latest/202404/14/t20240414_38498382.shtml princeton fire department wi
Industry Outlook: Airport and downtown duty free state of play
WebOct 29, 2024 · However, tourist revenue has quadrupled in that time, reaching over $10.5 billion according to Hainan’s inward investment arm, IEDB. Duty-free sales have grown … WebAug 17, 2024 · As we reported earlier this year, parent company China Tourism Group Duty Free Corp (China Tourism Group) revealed that revenues in 2024 reached RMB52.6 billion (€6,603 million at our chosen exchange rates at 31 December 2024), with CDFG the only leading travel retailer to post any growth last year. Top Ten Travel Retailers 2024 … WebOct 13, 2024 · Hope in Hainan. If the duty-free industry should be looking anywhere for inspiration – and solace – in these grim times, it can only be Hainan. ... The two new companies are Hainan Tourism Investment Duty Free Co. Ltd, a wholly-owned subsidiary of Hainan Tourism Investment Development Co. Ltd, and Global Consumer Boutique … princeton fireworks july 4th