DFS, Shanghai Tobacco Group Reach Consensus on Cooperation

Source from:  Shanghai Tobacco Industry News newspaper 07/25/2007

DFS Group Limited and Shanghai Tobacco Group have recently reached a consensus on cooperation in the establishment of cigarette exhibition areas for Shanghai Tobacco Group at duty free shops in the international airports of San Francisco and Los Angels in the United States, Auckland in New Zealand and Singapore, and also on joint development of special tourist-packaging cigarettes. The consensus was reached during a recent visit to Shanghai Tobacco Group by a DFS delegation led by its global purchasing manager. The two sides agreed that along with gradual increases in the number of tourists, particularly Chinese tourists, traveling around the world, both the sales volume and reputation of Shanghai Tobacco Group will further grow at duty-free shops in all parts of the world. Over recent years, the reputation of such big brands as The Panda, Chunghwa and The Red Double Happiness of Shanghai Tobacco Group has kept going up at duty-free shops in all parts of the world. Over the past four years, Shanghai Tobacco Group's cigarette sales through the DFS have grown by an annual average of 22.5 percent. With its advanced management model and marketing ideology, the DFS has extended powerful support to Shanghai Tobacco Group in selling cigarette products to international markets. Enditem