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.

Kate McVicar and Brent Melville Wed, 09 Jul 2025

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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