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LVMH sells its travel retail business (DFS) in China

LVMH announced on Monday the sale of its Duty Free Shops (DFS) business in China to CTG Duty-Free, a major travel retail operator headquartered in Beijing. “As part of this transaction, CTG Duty-Free will acquire the DFS stores located in Hong Kong and Macau, as well as intangible assets including a portfolio of DFS brands and intellectual...

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Who is Bosideng, the Chinese giant that has appointed Kim Jones as artistic director?

Originating from a rural workshop in 1976, Bosideng has now established itself as China's leading puffer jacket brand, embarking on a journey into the luxury market with Kim Jones. During Paris Fashion Week in September 2025, FashionUnited had the opportunity to meet Gao Dekang, president of Bosideng. The meeting was scheduled around a major...

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