CDFG renegotiates with key suppliers

15-May-2004

CHINA. China Duty Free Group (CDFG) is renegotiating contracts with several suppliers following the withdrawal of Paragon Brand Management from the Chinese market

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CHINA. China Duty Free Group (CDFG) is renegotiating contracts with several suppliers following the withdrawal of Paragon Brand Management from the Chinese market. Paragon, which represented key brands including Dunhill,

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(4-Feb-2003) - China Duty Free Group?s operations department is contacting suppliers seeking support for the new airport duty-free shop at Xian, location of the famous Terracotta Warriors and one of the country?s leading tourist destinations.
(9-May-2002) - One expansion opportunity Beijing Duty Free (BDF) is likely to turn down is the ambitious new downtown duty-free store planned by China Duty Free Group (CDFG), the country?s largest duty-free operator.
(1-Apr-2004) - CHINA. Paragon Brand Management, which has represented top international brands in Chinese duty-free for several years, is to terminate its Chinese business, citing fundamental flaws in the structure of the local duty-free industry
(15-Mar-2005) - The news that Beijing Capital International Airport (BCIA) could soon be sourcing its duty-free goods independently of China Duty Free Group (CDFG) won't come as a big surprise to the trade in Asia/Pacific, but its implications will be no less profound for that