A Brief History of DFS
Charles Feeney and Robert Miller, created what is now DFS on November 7, 1960.
DFS started operations in Hong Kong and spread to Europe and other places around the globe. Securing the exclusive concession for duty free sales in Hawaii in the early 1960s created a business breakthrough for DFS, and the company was positioned to focus on the emerging Japanese traveler.
DFS continued to innovate, expanding into off-airport duty free stores and large downtown Galleria stores and grew to become the world´s largest travel retailer. In 1996, LVMH Möet Hennessy Louis Vuitton acquired the interests of Mr. Feeney and two other shareholders and today jointly owns DFS with Mr. Miller.