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LVMH sells greater China retail business of its DFS group to CTG
French luxury group LVMH , the world's biggest, said on Monday that it has agreed to sell its DFS travel retail business in Hong Kong and Macau, as well as its intangible assets in greater China to China Tourism Group Duty Free Corp (CTG) , a Chinese travel retail operator.
French luxury group LVMH , the world's biggest, said on Monday that it has agreed to sell its DFS travel retail business in Hong Kong and Macau, as well as its intangible assets in greater China to China Tourism Group Duty Free Corp (CTG) , a Chinese travel retail operator.
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