Dubai Duty Free records turnover of nearly US$2bn in 2015

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Retail and leisure operator Dubai Duty Free has reported turnover of AED7bn (US$1.93bn) for 2015, with duty free sales from Dubai and Al Maktoum international airports accounting for AED6.89bn (US$1.88bn).

As in 2014, perfumes remained the highest selling category with AED1.14m (US$311m), representing 16.5% of total annual sales. Dubai Duty Free recorded its highest sales for the year in December 2015 when figures reached AED722m (US$198m).

Colm McLoughlin, executive vice chairman, Dubai Duty Free, said, “Overall, it has been a very good year and I would like to thank Sheikh Ahmed bin Saeed Al Maktoum, president of Dubai Civil Aviation Authority and chairman of Dubai Duty Free, for his ongoing support and I join him in thanking our great team of staff, our suppliers and, of course, our customers, who are fundamental to our continued growth.

“There is a lot to look forward to in 2016, including the opening of Concourse D at Dubai International, which is a fantastic facility that will be very well received. We have a 7,000m² (75,350ft²) retail operation in Concourse D and will be introducing some new brands and concepts there.”

Dubai Duty Free recorded 26,848,832 sales transactions in 2015, an average of 73,558 sales transactions per day across both airports. Category wise, perfumes continued to be the highest selling category followed by liquor and cigarettes with sales of AED1.07bn (US$293m) and AED589.7m (US$162m) respectively. Confectionery came in fourth place with sales amounting to AED556m (US$152m) followed by gold with AED549m (US$150.5m). 

Departure sales, which account for 87% of the annual total, reached AED5.98bn (US$1.6bn), while arrivals sales showed a 6% increase over 2014 and accounted for 11% of the total annual sales.

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Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

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