DFS: turnover worldwide 2021

The global turnover of the Hong Kong-based DFS Group amounted to approximately 3.1 billion euros in 2021, which is a significant increase compared to last year, but still considerably lower than what the travel retailer made in 2019. The coronavirus (COVID-19) caused a heavy decline in turnover for many duty free and travel retail companies in 2020, including The Shilla Duty Free and King Power International Group (Thailand).

Turnover of DFS Group worldwide from 2013 to 2021 (in million euros)

Characteristic	Turnover in million euros
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Release date

July 2022

More information

Region

Worldwide

Survey time period

2013 to 2021

Supplementary notes

The source adds that the figures are those from company reports and their own estimates, including some alternative online and wholesale figures. They also other revenue sources such as F&B, which was important in the case of Lagardère Travel Retail and others.
The source also states that the figures are measured by annualized turnover and converted at December 31, 2021 rates to a single currency, namely the Euro.

Data prior to 2021 has been taken from previous editions of the publication.

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