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In 1960, American entrepreneurs Charles Feeney [5] and Robert Warren Miller [6] founded Tourists International, which later became Duty Free Shoppers (DFS), in Hong Kong.In 1962, two DFS stores were opened at the international airports in Hong Kong and Honolulu, the first duty-free shop in the United States.
Dubai Duty Free – the company responsible for the duty-free operations at Dubai International Airport. DDF became the largest airport retailer in the world in terms of sales in 2012. [ 6 ] DDF represents over 5% of global duty-free sales, [ 7 ] generating 2014 revenues of $1.91 billion [ 8 ] and 2016 revenues of $1.85 billion. [ 9 ]
Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.
There were new store openings for Watsons as the company launched its third-generation store, Watsons Water celebrated its centennial anniversary and launched its "Year of Hong Kong Creativity". Fortress launched a new identity in Hong Kong and Nuance-Watson opened duty-free stores at Hong Kong International Airport.
DFS eventually expanded to off-airport duty-free stores and large downtown Galleria stores, becoming the world's largest travel retailer. [ 10 ] [ 12 ] By the mid-1990s, DFS was distributing profits of up to $300 million a year to Feeney, Miller, and two smaller partners. [ 13 ]
Robert Warren Miller (born May 23, 1933) is an American-British billionaire, entrepreneur, co-founder of DFS (Duty Free Shops), and sailing champion.He is the father of Marie-Chantal, Crown Princess of Greece, Princess Alexandra von Fürstenberg, and Pia Getty, dubbed by tabloids and high society as The Miller Sisters.
The deal allows Dufry to operate as the Terminal 2 master concessionaire overseeing 77 shops at Wuhan Tianhe International Airport, China’s fourteenth busiest airport. [ 4 ] Dufry's name was changed to Avolta AG on 3 November 2023, after a 99.8% approval by shareholders during an Extraordinary General Meeting convened [ 5 ] following the ...
Standard amenities include public restrooms, passenger waiting areas and retail stores for dining and shopping, [28] including duty-free shops. Dining establishments may be consolidated in food courts. Some international airports may offer retail sales of luxury goods at duty-free stores.