After big landlord concessions, CTG Duty-Free dogged by weak spending
The duty-free store operator’s financial performance rebounded last year, but lackluster results in the first quarter of 2024 may reflect growing consumer caution Key Takeaways: CTG Duty Free’s first-quarter profit…
With cost pressures down, China’s duty-free leader gets in the groove
China Tourism Group Duty Free has significantly lowered its costs with new lease agreements at Beijing and Shanghai airports, as investors eye potential for new tourism stimulus Key Takeaways: China…
CTG Duty Free Revives Hong Kong IPO Plan As Domestic Tourism Returns
The duty-free store operator has filed for an IPO in Hong Kong for a second time as the resumption of domestic tourism fuels sales of duty-free goods Key Takeaways: China…