Exclusive: Hudson stores operator Avolta becomes first foreign company to open duty-free shops in Mainland China in 26 years
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4 Articles
Exclusive: Hudson stores operator Avolta becomes first foreign company to open duty-free shops in Mainland China in 26 years
Avolta, the Swiss-based global leader in airport duty free shops (Fortune 500 Europe No. 274) best known in the U.S. for its Hudson stores, on Wednesday announced it was awarded the first duty-free contract for an international operator in mainland China in 26 years, giving it the right to open stores in Shanghai’s Pudong International Airport, the 8th largest in the world. Under the terms of the deal, Avolta, which operates over 5,000 stores in…
Avolta marks breakthrough mainland China entry with Shanghai Pudong duty-free concession
The award reinforces Avolta's strategy of geographical diversification and underpins its long-term growth ambitions in Asia Pacific. The post Avolta marks breakthrough mainland China entry with Shanghai Pudong duty-free concession appeared first on DFNI.
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