Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Dubai Duty Free hits monthly sales record  Join our daily free Newsletter

MENAFN - Khaleej Times - 04/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Dubai Duty Free, or DDF, on Thursday said it set a new monthly sales record of Dh700 million (192 million) in December.

In a statement DDF said 2013 was a remarkable year as it recorded 11.4 per cent growth in sales to 1.8 billion. It's operations on 30th anniversary on December 20 also set a new daily sales record of Dh111.88 million, showing a 40 per cent year-on-year growth with the help of 215,000 transactions.

"We are thrilled to announce such a positive year in 2013, which marked our 30th anniversary. The operation went from strength to strength with the opening of Concourse A in Terminal 3 in January and Al Maktoum International in October, with overall sales soaring to a new high," Colm McLoughlin, executive vice-chairman, said in a statement to Khaleej Times.

The duty free operations recorded a staggering 25,973,819 sales transactions in 2013, which average at 71,161 sales transactions per day. It began new year on a high note and confident of crossing 2 billion sales mark in months to come. From a category point of view, perfumes retained its position as the best-selling category with an increase of 16 per cent year-on-year. Sales of perfumes reached Dh1.06 billion (289 million), an increase of over Dh148 million (41 million) over the previous year. Perfumes now contribute 16 per cent towards total sales at Dubai Duty Free sales.

Liquor and gold categories followed with gold recording sales figures of Dh613 million (168 million) representing an increase of five per cent year-on-year.

Confectionery jumped to the fifth position which increased by 12 per cent to Dh520 million (142 million) for the year. Other steep increases were seen in watches which rose by 16 per cent to Dh459 million (126 million), cosmetics rose by 20 per cent to Dh446 million (122 million) and delicatessen sales rose by 13 per cent to Dh298 million (82 million). Gifts from Dubai and Handbags and Leather Goods categories have seen an impressive increase of 22 per cent and 46 per cent increase in 2013, respectively. Moreover, sales in DDF Departures rose by 11 per cent while Arrivals sales have shown a 13 per cent increase over last year. Terminal 2, which completed its renovation in December, recorded a 22 per cent increase in sales.

In addition to a remarkable turnover, 2013 provided Dubai Duty Free with major milestones in terms of growth and expansion including the opening of Concourse A, dedicated to Emirates airline fleet of A380s, and the opening of the passenger terminal at Al Maktoum International Airport, collectively providing Dubai Duty Free with over 28,000 square metres of retail space. Looking ahead, Dubai Duty Free will continue to enhance its retail operation in 2014 while maintaining a busy events and promotional calendar, which includes the Dubai Duty Free Tennis Championships, commencing on February 17th to March 1st, 2014 at the Dubai Duty Free Tennis Stadium.

 






  MENA News Headlines
 Jul 25 2014 - Joint statement by the President of the European Council Herman Van Rompuy and the President of the European CommissionMENAFN Press
(MENAFN Press) BRUSSELS Kingdom of Belgium July 25 2014/African Press Organization (APO)/ -- On behalf of the European Union we wish to convey our deepest condolences to the families of the victims ...

 Jul 25 2014 - UN says more support urgently needed to tackle growing food insecurity in the SahelFundingMENAFN Press
(MENAFN Press) ROME Italy July 25 2014/African Press Organization (APO)/ -- The United Nations today called on the international donor community to renew a commitment to fight hunger and food ...

 Jul 25 2014 - UN says more support urgently needed to tackle growing food insecurity in the SahelFunding gapMENAFN Press
(MENAFN Press) ROME Italy July 25 2014/African Press Organization (APO)/ -- The United Nations today called on the international donor community to renew a commitment to fight hunger and food ...

 Jul 25 2014 - Death of British national in Air Algerie crashMENAFN Press
(MENAFN Press) LONDON United-Kingdom July 25 2014/African Press Organization (APO)/ -- It is with deep regret that the Foreign and Commonwealth Office confirms the death of a British man onboard Air ...

 Jul 25 2014 - The United Nations welcomes the signing in Brazzaville of a commitment to peace in the Central African RepublicMENAFN Press
(MENAFN Press) BRAZZAVILLE Republic of the Congo July 25 2014/African Press Organization (APO)/ -- Mr. Abdoulaye Bathily and Lt-General (rtd) Babacar Gaye Special Representatives of the ...

 Jul 25 2014 - On Meriam Ishag and FamilyMENAFN Press
(MENAFN Press) WASHINGTON July 25 2014/African Press Organization (APO)/ -- Press Statement John Kerry Secretary of State Washington DC July 25 2014 Around the world supporters of religious ...

 Jul 25 2014 - Liberia National DayMENAFN Press
(MENAFN Press) WASHINGTON July 25 2014/African Press Organization (APO)/ -- Press Statement John Kerry Secretary of State Washington DC July 25 2014 On behalf of President Obama and all ...

 Jul 25 2014 - Gilas Last Home Stand that never wasArab News
(MENAFN - Arab News) E fiasco that happened on Tuesday night in what was supposed to be the first of two tune-up matches for Gilas Pilipinas against a crack NBA selection certainly left a bad taste ...

 Jul 25 2014 - Kuwait - Sovereign Ratings Affirmed at AA-MENAFN Press
(MENAFN Press) 25th July 2014 Kuwait's Sovereign Ratings Affirmed at 'AA-'RATING ACTIONCapital Intelligence (CI), the international credit rating agency, today announced that it has affirmed Kuwait's ...

 Jul 25 2014 - Indian Tech Mahindra, Saudi Midad Holding sign dealMENAFN
(MENAFN) Indian IT giant Tech Mahindra Ltd has signed a joint venture with Midad Holding to expand its existence in Saudi Arabia, according to Arabian Business.The JV will be called Tech Mahindra ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help