China Tourism Group Duty Free Corporation Limited (601888)

Overview

China Tourism Group Duty Free Corporation Limited, originally known as China International Travel Service Corporation Limited, is a prominent player in the duty-free travel retail industry within China, having undergone a name change in June 2020 to reflect its evolved business focus. Founded in 2008 with its headquarters stationed in Beijing, China, the enterprise has established itself as a subsidiary of China Tourism Group Co., Ltd. The company doesn't just limit itself to the duty-free retail market; it also ventures into the commercial complex investment and development sector, showcasing its versatility and growth-oriented approach in the evolving market landscape.

Products and Services

• Tobacco and Wine

  The company offers a wide selection of duty-free tobacco and wine products, catering to the diverse preferences of travelers looking for premium and international brands without the added tax expenses. This product range is especially popular among connoisseurs and collectors who seek rare and exotic offerings.

• Perfume and Cosmetics

  Perfume and cosmetics hold a significant place in China Tourism Group Duty Free Corporation Limited's portfolio, offering travelers access to luxury beauty and fragrance brands from around the world at duty-free prices. This allows consumers to indulge in high-end products at more accessible price points.

• Accessories

  The company provides a diverse collection of fashion accessories, including jewelry, watches, and sunglasses from leading global designers. These items appeal to fashion-forward customers eager to enhance their travel wardrobe with statement pieces without the burden of high tariffs.

• Clothing

  Featuring an array of clothing options from international fashion houses, China Tourism Group Duty Free Corporation Limited caters to the needs of shoppers seeking designer garments. The duty-free status of these products makes them attractive for customers aiming to purchase high-quality apparel at reduced prices.

• Electronic Products

  This category includes a wide range of duty-free electronics, from the latest smartphones and tablets to high-quality headphones and cameras. Targeted at tech-savvy travelers, these products are offered at competitive prices, making cutting-edge technology more accessible to a broader audience.

In addition to its expansive retail offerings, China Tourism Group Duty Free Corporation Limited is also engaged in the investment and development of commercial complexes, showcasing its commitment to creating holistic travel and shopping experiences for its clientele.