LVMH’s DFS Group Sells Hong Kong, Macau Stores—and Scraps Key Hainan Project
Pedestrians walk past the T Galleria by DFS in Tsim Sha Tsui, Kowloon, Hong Kong. getty Luxury travel retailer DFS Group’s disposals have been steadily shrinking the company’s presence—and relevance—in the global duty-free and travel retail channel it once dominated. Today, one of the most prominent of these deals was announced, with the majority LVMH-owned…