Dubai Duty Free sales touch US$1.8 bn

TD Guest Writer

Guest Writers are not employed, compensated or governed by TD, opinions and statements are from the specific writer directly

Sales at Dubai Duty Free
Sales at Dubai Duty Free

Dubai Duty Free (DDF) recently announced its sales figures for 2013 which touched AED6.65 billion (US$1.8 billion), representing an 11.4% increase over the previous year. As per records, sales in December were recorded at AED700 million (US$192 mn).

On the anniversary of DDF, the company recorded 215,000 transactions while sales reached an incredible AED111.88 mn (US$30.65 mn) in the 24-hour period, which was 40% higher than the former anniversary day in 2012.

The operation recorded a staggering 25,973,819 sales transactions in 2013, which average at 71,161 sales transactions per day.

From a category point of view, Perfumes retained its position with an increase of 16% year-on-year. Sales of Perfumes reached AED1.06 bn (US$289 mn), an increase of over AED148 mn (US$41 mn) over the previous year. Perfumes now contribute 16% towards total sales at Dubai Duty Free sales.

Moreover, sales in DDF Departures rose by 11% while Arrivals sales have shown a 13% increase over last year.  Terminal 2, which completed its renovation in December, recorded a 22% increase in sales.

Klook.com

EXPERT OPINION

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