DFS Group Limited · Hong Kong
Company Description
1 Exchange Sq., 40th Fl. 8 Connaught Place, Central
Hong Kong
(Map)
Phone: +852-2899-2200
Fax: +852-2868-9602
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Some world travelers prefer seeing the sights, but as DFS Group knows, some prefer to shop their way around the globe. The world's largest luxury travel retailer, DFS (Duty Free Shoppers) runs some 150 stores in 14 countrires, located primarily in the Asia/Pacific region. The firm has set its sights on the Middle East and China for growth. DFS stores offer luxury brands of cosmetics and perfume, jewelry, liquor, tobacco, apparel, and other pricey goods. While famous for its airport stores, DFS also runs about a dozen Galleria centers in downtowns and upscale resorts and operates Miami Cruiseline Services, a shipboard duty-free retailer. DFS is owned by French conglomerate LVMH and its co-founder Robert Miller. To read the full description, subscribe now.
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Key DFS Group Limited Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.0 |
| Employees | 750 |
DFS Group Limited Executives
6 executives listed for DFS Group Limited's , location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Edward Brennan | Network |
| CFO | Steve Mangum | Network |
| VP, Worldwide Vendor Administration | John Rutherford | Network |
Competition
Competitive Landscape for DFS Group Limited
Population growth, particularly among households with children, drives demand in the consumer sector, and economic growth drives demand in the commercial sector. The profitability of individual companies depends on efficient operations and effective sales and marketing. Large companies have scale advantages in purchasing, manufacturing, distribution, and marketing. Small companies can compete effectively by offering specialized products, providing superior customer service, or serving a local market. The industry is capital-intensive: average annual revenue per worker is more than $1 million. The industry is about evenly split between the consumer and commercial segments. Both segments are highly competitive, and large companies spend millions to maintain market share. To read the full description, subscribe now.Top DFS Group Limited Competitors
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