Sunday 30 December 2018

#Dubai Duty Free sales soar above $2bn

Dubai Duty Free sales soar above $2bn:

Annual sales clocked up by Dubai Duty Free (DDF) hit 7.3 billion dirhams ($2 billion) on Saturday morning, the emirate’s airport retailer said in a statement. 

The sales figure marks a record for DDF, which reported 7.05 billion dirhams in sales in 2017, although the rate of growth has slowed.

The retailer reported sales worth 6.6 billion dirhams in 2016. “2018 has been a good year for Dubai Duty Free, and we have been building up toward the $2 billion sales figure all year,” said Colm McLoughlin, CEO of Dubai Duty Free.

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