{"id":464,"date":"2023-10-09T09:34:50","date_gmt":"2023-10-09T01:34:50","guid":{"rendered":"https:\/\/www.ftpol.com\/en\/?p=464"},"modified":"2023-10-09T09:34:50","modified_gmt":"2023-10-09T01:34:50","slug":"dfs-to-open-world-class-luxury-retail-destination-in-hainan","status":"publish","type":"post","link":"https:\/\/www.ftpol.com\/en\/dfs-to-open-world-class-luxury-retail-destination-in-hainan.html","title":{"rendered":"DFS to Open World-Class Luxury Retail Destination in Hainan"},"content":{"rendered":"<div class=\"spacer5\"><\/div>\n<div class=\"spacer\"><\/div>\n<div id=\"carousel-491818\" class=\"carousel slide new-carousel-slider\">\n<div class=\"carousel-inner\">\n<div class=\"item active\"><img decoding=\"async\" id=\"image_thumb_291162\" class=\"col-sm-12 wrap\" src=\"https:\/\/dev.rodpub.com\/images\/291\/162_main.jpg\" alt=\"DFS to Open World-Class Luxury Retail Destination in Hainan\" \/><\/div>\n<\/div>\n<\/div>\n<p>DFS Group has announced plans to open a \u201cworld-class, seven-star\u201d luxury retail and entertainment destination in Yalong Bay, Sanya on Hainan island by 2026.<\/p>\n<p>DFS Yalong Bay involves an \u201cunprecedented\u201d investment into a 128,000sq m site, attracting over 1,000 luxury brands including maisons from the retailer\u2019s majority owner\u00a0<a href=\"https:\/\/www.beautypackaging.com\/heaps\/view\/10647\/3\/442052\" target=\"_blank\" rel=\"noopener\">LVMH Group<\/a>once fully operational.<\/p>\n<p>The goal is for DFS Yalong Bay to become Sanya\u2019s premier destination for luxury shopping, world-class accommodation, dining and entertainment, serving international and domestic tourists with innovative, renowned luxury brands and experiences.<\/p>\n<p>\u201cDFS Yalong Bay is an incredibly exciting development for DFS, and I believe for the Chinese travel industry,\u201d said DFS Chairman and CEO, Benjamin Vuchot.<\/p>\n<p>\u201cYalong Bay represents a key entry point to Hainan which the China Government plans to turn into the world\u2019s largest free-trade port.<\/p>\n<p>\u201cIn addition to this strong policy, Hainan also offers luxurious resorts, beautiful sandy white beaches and high-end medical facilities. Hence, we believe that Hainan is well-poised to become one of the fastest-growing luxury markets in the world maximizing both domestic and international consumption.\u201d<\/p>\n<p>Vuchot added, \u201cWith Hainan on course to become one of the world\u2019s largest luxury retail markets in the next five years, DFS Yalong Bay will be a critical addition to DFS\u2019 global portfolio.<\/p>\n<div class=\"caption_center\"><img decoding=\"async\" src=\"https:\/\/dev.rodpub.com\/images\/291\/163_main.jpg\" \/><\/div>\n<p>DFS China President China Nancy Liu confirmed the DFS Yalong Bay development represents a core component of the company\u2019s long-term expansion and investment strategy in the China market.<\/p>\n<p>\u201cDFS Yalong Bay is the latest in a series of commitments we are making in China,\u201d she said. \u201cYalong Bay area is undoubtedly the most developed luxury natural cove in Sanya, where DFS will provide unparalleled personalized services to our patrons.<\/p>\n<p>\u201cThis truly represents a substantial stride in DFS\u2019 global strategy to expand in the China market through a multi-format, multichannel expansion in the luxury travel retail sector.\u201d<\/p>\n<p>Vuchot added, \u201cThis DFS announcement today is the clearest commitment we can make to the long-term development of Sanya and Hainan and the entire Chinese tourism market.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DFS Group has announced p<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.ftpol.com\/en\/wp-json\/wp\/v2\/posts\/464"}],"collection":[{"href":"https:\/\/www.ftpol.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ftpol.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ftpol.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ftpol.com\/en\/wp-json\/wp\/v2\/comments?post=464"}],"version-history":[{"count":1,"href":"https:\/\/www.ftpol.com\/en\/wp-json\/wp\/v2\/posts\/464\/revisions"}],"predecessor-version":[{"id":465,"href":"https:\/\/www.ftpol.com\/en\/wp-json\/wp\/v2\/posts\/464\/revisions\/465"}],"wp:attachment":[{"href":"https:\/\/www.ftpol.com\/en\/wp-json\/wp\/v2\/media?parent=464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ftpol.com\/en\/wp-json\/wp\/v2\/categories?post=464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ftpol.com\/en\/wp-json\/wp\/v2\/tags?post=464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}