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Get more information. Fax Information available as an option. Website available. Information available as an option. Other Companies recomended by Kompass:. Purchase a Company list with the executives and contact details. Buy a Company list. Activities Retail trade Duty free shops, airport. Kowloon Bay Retail trade. Kwun Tong Retail trade.As a result, DFS said it is moving key functions closer to its divisions, customers, and the markets that represent its future growth.
As part of this initiative, the company will establish a new Executive Office in Hong Kong in January Ed Brennan; Steve Mangum, executive vice-president and chief financial officer; Michael Zacharia, executive vice-president business development and general counsel; and John Wilson, senior vice-president, finance, will be based in the Hong Kong Executive Office.
This office will also house the Business Planning and Analysis and Treasury functions. Michael Schriver, president of merchandising; Kirk Martin, executive vice-president, boutiques, fashion, luxury and brand development; and Daniel Binder, senior vice-president, planning and distribution, will remain in the San Francisco Group Office as the senior leadership. This change will align all DFS divisions into two principal groups — the US and Asia — and will create more opportunities for synergy among its various divisions.
These changes are expected to result in the elimination of a small number of positions in San Francisco. A severance package and transition support will be offered to displaced personnel.BN(O) passport holders flee Hong Kong for new life in the UK, fearing Beijing’s tightening control
Ed Brennan: DFS is fortunate to be presented twice within its business life cycle the opportunity to build a relationship with an emerging consumer. Over the past 40 years we have built a strong bond with the traveling Japanese consumer. We have aged well together and developed a deep level of respect for each other.
We intend to do the same with the PRC Chinese in the next 40 years. The Moodie Report: The fact that you have expressed interest in India and have relocated to Hong Kong, suggests you see real growth potential in Asia — great news for the industry after the trials of the past two years.
Are you bullish about prospects? Ed Brennan: In the near term we see several business opportunities in Asia which cross nationalities and geographies. Do you see this as balance sheet enhancing and, if so, why?
Ed Brennan: We view this as a critically important strategic move for our organization. Our Galleria and airport investment in Okinawa are examples of this. With this relocation, the group is zeroing in on the next generation of Asian travellers, the Chinese, and wanting to be in the thick of the action — as well as getting closer to Asia in general, where markets such as India are of real interest.
It is a balance sheet enhancing and wholly-sensible move. To use that time-honoured journalistic phrase, watch this space. And watch it closely.
Note: This story was first broken to the industry via The Moodie Report. If you wish to be included on the VIP list, please e-mail Martin Moodie at martin moodie-international.Punctuated equilibrium theory baumgartner and jones
To subscribe and manage your alerts from The Moodie Davitt Report. Click Here.The concept of " duty-free shopping " — offering high-end concessions to travelersfree of import taxes — was in its infancy when, with Chuck FeeneyMiller founded DFS on November 7, DFS began operations in Hong Kong, where it still maintains its corporate headquarters, later expanding to Europe and other continents.
DFS' first major breakthrough came in the early s, when it secured the exclusive concession for duty-free sales in Hawaii and Hong Kong, allowing it to market its products to Japanese travelers. More recently, Miller targeted the emergence of mainland China's economic elite. Miller was named the November Personality of the Month by The Moodie Report in recognition of his advancement of the luxury goods industry's cause.
DFS Hong Kong Limited
Along with other assets, Miller is currently ranked the 68th wealthiest person in the UK,  down from 22nd in In OctoberMiller's monohull yachtthe Mari-Cha IVset a new world recordbecoming the first monohull ever to cross the Atlantic Ocean in under seven days.
It completed the 2,nautical mile passage across the North Atlantic between New York and England in a time of 9 days, 15 hours, 55 minutes and 23 seconds—a full 2 days, 12 hours, 6 minutes and 56 seconds faster than the record set years earlier. Miller is married since ca.
From Wikipedia, the free encyclopedia. For other people of this name, see Robert Miller disambiguation. Quincy, MassachusettsU. Retrieved July 29, Luxury Brand Management. Hidden categories: Use mdy dates from June Articles with hCards. Namespaces Article Talk. Views Read Edit View history. Help Learn to edit Community portal Recent changes Upload file. Download as PDF Printable version.DFS will move its senior executive offices from San Francisco to a newly created office in Hong Kong in January as part of a corporate restructure.
Chairman and ceo Ed Brennan, executive vice-president and chief financial officer Steve Mangum, executive vice-president business development and general counsel Michael Zacharia, and senior vice-president finance John Wilson will all move to Hong Kong.
This office will also house the business planning and analysis and treasury functions. DFS will continue to maintain a group office in San Francisco focused primarily on merchandising. President of merchandising Michael Schriver, executive vice-president boutiques, fashion, luxury and brand development Kirk Martin and senior vice-president planning and distribution Daniel Binder will remain there as the senior management.
DFS said the move would help it pursue opportunities in those markets that would help its future growth. We believe the changes we are announcing will create a business model that will allow us to aggressively pursue new business opportunities, build a stronger future for our employees, and sustain our position as the leader in travel-retail.
This change will align all DFS divisions into two principal groups? US and Asia.
56 Jobs at DFS
The company also plans to relocate its distribution function from San Francisco to the US and Asia group offices. Other support functions in finance, human resources, legal, and logistics will remain in the San Francisco group office. The changes are expected to result in the elimination of a small number of positions in San Francisco.
Previous: Nuance creates single European unit.Established in Hong Kong inDFS Group continues to be a pioneer in global luxury travel retail, offering its customers a carefully curated selection of exceptional products from over of the most desired brands through boutiques on four continents. Its network consists of duty free stores located in 11 major global airports and 21 downtown T Galleria locations, as well as affiliate and resort locations.
DFS Group employs over 9, people focused on creating inspiring retail experiences for its customers. Inmore than million travelers visited DFS stores. At DFS, we are committed to contributing to the communities in which we live and work through corporate social responsibility activities. We are more than an employer in our global locations — we support, assist and partner with local authorities, educational institutions, professional bodies and NGOs to ensure that we are responsible and caring corporate citizens.
For over 55 years, our passionate employees have led the way in building a culture of giving, and we take pride in supporting causes that are important to our customers, brands and communities. In our philanthropic efforts, we support and create opportunities for young people, specifically through education, health programs and development opportunities. We empower women and support their health through providing access to better medical support and skills-based training in underserved communities, and every year DFS teams around the world support Breast Cancer Awareness Month.
We preserve and foster arts and crafts to ensure the work of local artisans continues to flourish, and we give our employees a chance to give back through volunteering.DFS operates approximately stores, mostly located in airports, where the company pays a hefty concession fee. The traveling public can purchase merchandise at these shops and avoid the duties--taxes and other charges levied by the local government--as long as the buyer does not use or consume the items while at the location.
Historically, tobacco, alcohol, and perfumes have been the mainstays of duty-free retailers. In recent years, DFS has opened "Galleria" stores in downtown locations, offering luxury boutique merchandise, contemporary fashion, and local destination products.
To purchase items at duty-free prices, customers must show an airline ticket out of the country. Their purchases are then shipped to the airport for pickup at the departure gate on the trip home. Cofounder Robert W. Miller retains a 38 percent interest. Miller grew up in the small town of Quincy, Massachusetts, located in the shadow of Boston.
Feeney came from Elizabeth, New Jersey, the son of a nurse and insurance underwriter. After being discharged, he used the scholarship the military provided to attend Cornell University, where he studied hotel administration. Because his stipend paid for little more than his tuition, Feeney supplemented his income and honed his entrepreneurial instincts by selling sandwiches door-to-door to fraternities.
In Cornell's hotel administration program, Feeney became friends with Miller, a year ahead in school but nearly two years younger. Miller graduated inand Feeney followed in Because he still had four months of scholarship money, Feeney attended college in France. He stayed to run a camp for the children of the U. Navy fleet stationed in southern France and later met up with Miller in Barcelona. There, in a bar, he told Miller that he thought they could make some money selling merchandise to the fleet.
Inthey went into business together and began to sell such items as perfume, tape recorders, and transistor radios to navy personnel in Europe. Their emphasis soon switched to selling duty-free liquor and foreign-made cars to U. InFeeney and Miller changed their focus from Europe to Asia, wisely anticipating the potential of selling to the rising class of international businessmen from the region.
The Duty Free industry actually began aboard international cruise ships in the s. The concept was transferred to international airports in when Brendan O'Reagan opened a duty-free shop in Shannon, Ireland, which was a major refueling stop for transatlantic flights.
The government supported the idea as a way to promote Irish whisky and woolens, and other governments would also soon recognize the potential of promoting tourism and local products by permitting duty-free shopping at their international airports.Established inits network consists of over locations, including duty-free stores in 18 major airports and 14 downtown Galleria stores, as well as affiliate and resort locations.
DFS Group employs over 9, people, operating in 14 countries worldwide. Innearly million travelers visited DFS stores. Pilaro who held 2. DFS capitalized on the rising wave of Asian tourists who began to travel further overseas, opening stores in international airports and later in downtown locations where travelers could shop and have their purchases delivered before departure. In DFS reached locations worldwide and undertook a major branding initiative setting the stage for the next generation of expansion.
Inthe company moved its headquarters to Hong Kong from San Francisco, California as part of a corporate restructure. DFS Group operates around duty-free boutiques at 18 international airports, 14 downtown Galleria stores, as well as resort locations around the world. DFS stores locations   are as follows. From Wikipedia, the free encyclopedia.
Robert Warren Miller
For other uses, see DFS. Robert Warren Miller Charles Feeney. Tsim Sha Tsui EastKowloon.Talend tmap filter example
Hong Kong. Retrieved Hong Kong Tatler. The New York Times. Archived from the original on Retrieved September 16, The Business of Fashion. December 12, April 23,
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