CDF LAGARDERE COMPANY LIMITED (CDFL) is a newly formed joint venture comprised of two formidable industry partners, namely China Duty Free Group Co., Ltd. (CDFG) and Lagardère Travel Retail Hong Kong Ltd. (LTR HK) China Duty Free Group is the frontrunner and flagship company in China Duty Free industry with 248 retail outlets in Mainland China, Hong Kong, Macau, Taiwan and Southeast Asia, operating world largest single duty free shop - Sanya International Duty Free Shopping Complex. With a presence in 31 countries, 220 airports and 700 train stations in EMEA, North America and Asia-Pacific, Lagardère Travel Retail is a leading travel retail operator with a global reach. With a complete range of brands and concept for duty-free, luxury, travel essentials and foodservice, we help travelers experience new horizons every day.