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.

 


Khaleej Times




  MENA News Headlines
 Oct 23 2014 - Kuwait- Equates wins two regional sustainability awardsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait's EQUATE Petrochemical Company has won two regional sustainability awards in recognition for its social responsibility and national cadres' skills ...

 Oct 23 2014 - Moroccan horse showThe Peninsula
(MENAFN - The Peninsula) Moroccan horsemen perform during the 7th edition of the "Salon du Cheval" (horse show) in the port city of El Jadida. ...

 Oct 23 2014 - Kuwaiti Jazeera Airways net profit up 22.6 percent in Q3MENAFN
(MENAFN) Kuwait-based Al Jazeera Airways group announced it has registered USD28 million in net profit for the July-September period of this year, an increase by 22.6 percent compared to the same ...

 Oct 23 2014 - Qatar- Lekhwiya defeat Al Wakra, Wolves heldThe Peninsula
(MENAFN - The Peninsula) Lekhwiya defeated Al Wakra 2-0 at their home ground here yesterday while Al Sadd were held 1-1 by Al Sailiya.Vadimir Weiss scored in the 68th minute for Lekhwiya and Ahmed ...

 Oct 23 2014 - Ooredoo Kuwait net profit falls by almost half in Q3MENAFN
(MENAFN) Ooredoo Kuwait, the country's No.3 telecom operator by subscribers, announced that its net profit fell by nearly half during the July-September period, Gulf Business reported.The ...

 Oct 23 2014 - Coach asks Qatar to give it all against DPR KoreaThe Peninsula
(MENAFN - The Peninsula) Qatar's coach Felix Sanchez Bas has called on his players to give their all one-last time ahead of today's AFC U-19 Championship final against three-time winners DPR Korea. ...

 Oct 23 2014 - Qatar- Handball: Doha gears up for Asian Club LeagueThe Peninsula
(MENAFN - The Peninsula) Defending champions Al Jaish - thanks to the draw - have managed to avoid a meeting with local opponents Lekhwiya and Al Gharafa in the group stage of the 17th Asian Clubs ...

 Oct 23 2014 - QIMC posts USD38.88m net profit in SeptemberMENAFN
(MENAFN) Qatar Industrial Manufacturing Company (QIMC) revealed the interim financial statements for the period ending in September 30, this year, QNA reported.The interim financial statements ...

 Oct 23 2014 - Qatar will deliver an impressive 2022 World Cup, says BrescianoThe Peninsula
(MENAFN - The Peninsula) Australian midfielder Mark Bresciano is confident that Qatar will deliver an 'impressive' World Cup eight years down the line.Bresciano, who has been playing for the last two ...

 Oct 23 2014 - Qatar- QP hosts team from Kuwait Oil CompanyThe Peninsula
(MENAFN - The Peninsula) Qatar Petroleum (QP) recently hosted a delegation from Kuwait Oil Company (KOC) who visited Qatar to gain insights on QP's marine activities and port operations.Mubarak ...

more...


 






Google

 
 

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