LVMH reaches agreement to sell DFS travel retail assets in Hong Kong and Macau to China Tourism Group
LVMH agreed to sell its DFS travel retail business in Hong Kong and Macau to CTG for $395 million. The deal includes intangible assets in greater China.
Insights:
LVMH Moët Hennessy Louis Vuitton SE , the world's biggest luxury group based in France 
FR, announced on Monday, January 19, 2026, that it has reached an agreement to sell its DFS travel retail business in Hong Kong 
HKand Macau 
MOto China Tourism Group Duty Free Corporation Limited . The transaction, which includes the sale of intangible assets across greater China 
CN, is valued at approximately $395 million.
FR, announced on Monday, January 19, 2026, that it has reached an agreement to sell its DFS travel retail business in Hong Kong HKand Macau MOto China Tourism Group Duty Free Corporation Limited . The transaction, which includes the sale of intangible assets across greater China CN, is valued at approximately $395 million.
