[Hong Kong, 10 May 2024] - DFI Retail Group (DFI) and The School of Professional Education and Executive Development of the Hong Kong Polytechnic University (PolyU SPEED), the unit under the Colleague of Professional and Continuing Education of the Hong Kong Polytechnic University (CPCE) have officially entered into a Memorandum of Understanding (MoU) on 9 May 2024. This MoU paves the way for a collaborative partnership between the two parties, to introduce Hong Kong’s first Qualifications Framework (QF) Level 6 programme in the field of retail – equivalent to a Master level. The strategic alliance aims to attract and nurture retail talent.

Under the agreement, DFI and PolyU SPEED will work closely together to establish a framework for cooperation in multiple areas, including the development of QF Level 5 and 6 programmes and fostering CPCE student engagement through internships and business case competitions. 

• Development of the FIRST Retail QF Level 6 Programme (equivalent to a Master level):The partnership aims to create an innovative and pioneering programme that meets the evolving needs of the retail industry. By leveraging their respective expertise, DFI and PolyU SPEED will design a curriculum that equips DFI team members with the skills and knowledge required for success in the retail sector.
• Development of a Retail QF Level 5 Programme (equivalent to a Bachelor level): In addition to the Level 6 programme, the collaboration will also focus on developing a QF Level 5 programme. This programme will provide team members with a solid foundation in retail management, enabling them to propel further within the industry. 
• Student Internship Opportunities: DFI will provide CPCE students with valuable internship opportunities. These internships will allow them to gain practical experience in a real-world retail environment, enhancing their skills and industry knowledge.
• Business Cases Competition: The collaboration will also involve organising business case competitions for CPCE students. This initiative aims to foster innovation, critical thinking, and problem-solving skills among students by presenting them with real-life retail challenges.

DFI is committed to investing in the professional development of its team. By offering continuous learning and development opportunities, DFI ensures that its team members have access to resourceful support, enabling them to thrive in their roles. The collaboration with PolyU SPEED, incorporating the QF framework, will provide structured pathways for growth and advancement within the organisation, empowering team members to reach their full potential.

Witnessed by Mr. Benedict Li – Acting Group Talent Management & Organisational Development Director; Prof. Peter Yuen, Dean of CPCE and Mr. Steve Lai, General Manager of QF Secretariat (QFS), the MoU was signed by Ms. Joy Xu, Group Chief People & Culture Officer of DFI Retail Group and Dr. Jason Chan, MH, JP Director of PolyU SPEED.

"We are delighted to embark on this collaborative journey with PolyU," said Ms. Joy Xu. "By combining our industry knowledge with PolyU's academic expertise, we aim to create impactful educational programmes and opportunities that will benefit both our team members and the retail industry as a whole."

Dr. Jason Chan shared, "This partnership with DFI aligns with our commitment to providing students with holistic education and real-world experiences. We look forward to working together to create innovative programmes and empower students for success in the dynamic retail landscape."