The good news for Dubai retailers is that sales at the emirate’s malls rose by 17 per cent during Dubai Summer Surprises (DSS); the bad news is many individual retailers report sales have declined in the same period.
The increase in sales can largely be attributed to a nearly 30 per cent boost in shop space in the past year, according to the Dubai Shopping Malls Group (DSMG).
Total revenues at 23 shopping malls across Dubai in the 65-day festival, which ended on August 14, were Dh1.49 billion (US$406 million), up from Dh1.27bn at 21 participating centres last year.
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