Dubai Duty Free (DDF) will soon celebrate its 30th anniversary in December. The operation has much to celebrate with sales for the first nine months touching AED4.65 billion (US$1.27 bn). This represented a 12% increase over the same period last year and putting the operation on track for year-end sales of AED6.6 bn (US$1.8 bn).
Strong growth was recorded across the Terminals, with sales in Terminal 3 rising by 17% year-to- date to AED2.94 bn (US$805 million) and accounting for 63% of total DDF turnover. Meanwhile Terminal 2, which accounts for 7.6% of turnover, saw sales rise by 22% to AED352m (US$96.5m) year to date. Terminal 1, which accounts for 28% of total turnover recorded nine month sales of AED1.3 bn (US$358.5m).
Arrivals sales across all three Terminals rose by 14% to reach AED457m (US$125m) with arrivals now accounting for 10% of DDF sales.
Colm McLoughlin, executive vice chairman of Dubai Duty Free said: “We will embark on a renovation programme in Terminal 1 early next year and of course we are opening a 2,500 square metre retail space at Al Maktoum International Airport later this month.”
Category wise, Perfumes, Liquor and Gold retained top three positions with Perfumes in particular showing strong growth with a sales increase of 17% to AED738m (US$202m) for the first nine months of the year, while Gold sales rose by nine percent to reach AED454 m (US$124 m).
Other high sellers included the Watches and Clocks category which rose by 17%, Cosmetics, up by 17% and Delicatessen increased by 13%.