Dubai Duty Free sales up 11%
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Dubai Duty Free announced an 11% increase in s
ales for the first half of the year with turnover reaching US$772 million. Liquor, Perfumes and Gold retained the top three category positions with Perfumes in particular showing strong growth with a sales increase of 16% to US$115 million year to date.
Sales of Confectionery was up by 18% to AED224m (US$61 million) while Electronics rose by 13% to AED222 million (US$61 million) and accounting for 8% of total revenue. Other notable increases were seen in Cosmetics, which rose by 18%.
Spending trends across all three Terminals continued to increase with duty free sales in Terminal 2 increasing by 18% for the first half of the year. Sales in Terminals 1 and 3 rose by 11% and 10% respectively, while overall Arrival sales rose by 15%.
Commenting on the first half sales figures, Colm McLoughlin, Executive Vice Chairman of Dubai Duty Free said: “We are pleased with our first half performance and are looking forward to an equally busy second half of the year. Plans are very much in place for the opening of Concourse 3 in early 2013 and we are busy working towards the final fit-out of the new retail area and ensuring our recruitment plans are in line with our expanded retail area which will reach 26,000 square metres with the opening of Concourse 3”.
