August 23, 2014 2:28 PM ET

Specialty Retail

Company Overview of DFS Group Limited

Company Overview

DFS Group Limited, a travel retailing company, operates stores that offer fashion and accessories, beauty and fragrances, watches and jewelry, wines and spirits, and tobacco for customers worldwide. It operates airport stores in Asia and the Pacific Islands, Australia and New Zealand, the Middle East, and North America; and department stores internationally. The company was founded in 1960 and is based in Kowloon, Hong Kong. It has additional offices in Paris, France; Singapore; Chengdu, Shenyang, Beijing, and Shanghai, China; Hawaii; Los Angeles, California; and Tokyo, Japan. As of January 11, 1997, DFS Group Limited operates as a subsidiary of LVMH Moet Hennessy Louis Vuitton SA.

Chinachem Golden Plaza

9th Floor

77 Mody Road

Tsimshatsui East

Kowloon,  1003

Hong Kong

Founded in 1960


852 2899 2200


852 2868 2281

Key Executives for DFS Group Limited

Chairman and Chief Executive Officer
Age: 51
Founder and Director
Age: 80
Chief Financial Officer
Chief Operating Officer
President of Global Merchandising
Age: 62
Compensation as of Fiscal Year 2014.

DFS Group Limited Key Developments

Peninsula Merchandises Enters into Transaction Under Distributorship Agreement with DFS Group Limited

The Board of Hongkong & Shanghai Hotels Ltd. announced that its indirect wholly owned subsidiary, Peninsula Merchandises (PML) entered into the Transaction under a Distributorship Agreement with DFS Group Limited (DFS) for the supply of Peninsula Merchandises to DFS and the non-exclusive distribution of Peninsula Merchandises by DFS at designated outlets commencing 28 November 2012 and continuing up to and including 31 December 2014. The term of the Distributorship Agreement shall commence on 28 November 2012 and continuing up to and including 31 December 2014. The supply of Peninsula Merchandises by PML to DFS and the non-exclusive distribution of Peninsula Merchandises by DFS at: DFS' store at Chinachem Golden Plaza in Tsim Sha Tsui, Hong Kong; and DFS' general merchandise stores at the Hong Kong International Airport. The wholesale and distribution terms of Peninsula Merchandises are based on normal commercial terms concluded at an arm's length basis in the ordinary and usual course of business of PML. The highest applicable percentage ratio under the Listing Rules for the Transaction is slightly more than 0.1%.

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