Macau concessionaire Sociedade de Jogos de Macau, S.A. (SJM) and China Duty Free Group Co., Ltd (CDFG) have signed a binding agreement to open the latter’s flagship Macau outlet at Grand Lisboa Palace, SJM’s Cotai integrated resort set to open by early 2020.
The binding agreement comes seven months after the two firms first signed a Memorandum of Understanding. The Grand Lisboa outlet will cover around 7,500 squaremetreson the first floor of the retail mall, with CDFG stating it will offer“a diverse mix of perfumes, cosmetics, watches andjewellery, apparels, shoes and accessories, grocery, travel items and more, gathering a host of celebrated international brands.”
“We are delighted that CDFG is bringing their Macau flagship outlet to our Grand Lisboa Palace,” said SJM Chairman Daisy Ho.
“Building on the strong brand identities of both SJM and CDFG, this duty free shop will reflect our shared commitment to delivering the finest products and services to our customers. The CDFG shop will richly amplify the retail offerings of our resort, while elevating the Macau shopping experience for all visitors.”
