Travel retail: the LVMH subsidiary DFS invests in a large luxury mall in Hainan

Featured image of the article Travel retail: the LVMH subsidiary DFS invests in a large luxury mall in Hainan
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3 October 2023 à 13h00

Updated on 6 October 2023 à 16h30

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Publication: 3 October 2023 à 13h00, Updated on 6 October 2023 à 16h30

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3 October 2023 à 13h00

Updated on 6 October 2023 à 16h30

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Publication: 3 October 2023 à 13h00, Updated on 6 October 2023 à 16h30

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On 1st October, travel retail specialist DFS Group announced plans to open an ultra-luxury shopping centre in Sanya on Hainan island by 2026. Named “DFS Yalong Bay”, this 128,000 sq.m project will house 1,000 luxury brands and several entertainment areas. In an announcement, the LVMH subsidiary (chaired by Benjamin Vuchot) claims to offer a “seven-star” luxury retail and entertainment experience. The amount of the investment has not been disclosed.

The location was not chosen at random as Hainan

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