China Tourism Group Duty Free Corp Ltd

China Tourism Group Duty Free Corp Ltd, known previously as China Duty Free Group, was established in its current corporate structure in 2018. The company's headquarters are situated in Haikou, the capital of Hainan Province, China. It operates a range of business segments with duty-free shopping being a key area of focus. The offerings span across categories such as luxury items, cosmetics, fashion, and electronics, available through both physical stores and an expanding online presence. The portfolio of brands under China Tourism Group Duty Free Corp features an array of high-end and luxury names. This includes beauty brands like Lancôme and Estée Lauder, fashion houses such as Louis Vuitton and Gucci, as well as renowned watch and jewelry creators like Rolex and Cartier. While the company's primary operations and consumer base reside in China, taking advantage of the strong local demand for luxury goods and retail travel products, its scope is not just limited domestically. China Tourism Group Duty Free Corp extends its reach to international markets, serving Chinese travelers and consumers globally through its duty-free outlets situated in airports, border locations, and downtown areas. The Chinese market, however, remains the most significant for sales, as domestic consumers continue to demonstrate a robust appetite for luxury goods and duty-free merchandise. (Powered by AI)