Luxury retail giant to walk away from its Australia/NZ stores
LVMH-owned DFS says it will exit the Oceania market after a review of its global store network.
T Galleria in Queenstown will close later this year.
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Luxury brand retailer Duty Free Shoppers (DFS) plans to shutter its New Zealand and Australian stores by September.
The Hong Kong-based group, a subsidiary of Euronext Paris stock exchange-listed multinational LVMH Moët Hennessy Louis Vuitton, has been hard hit by both the pandemic and downturn in
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Kate McVicar and Brent Melville
Wed, 09 Jul 2025
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Luxury retail giant to walk away from its Australia/NZ stores
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