Billion-dollar mark in sight for Dubai

John Rimmer


UAE. Dubai Duty Free (DDF) is on course to break the $600m sales barrier if its first-quarter growth is maintained throughout 2005, keeping the retailer on track to reach $1bn before the end of the decade

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Managing director Colm McLoughlin told DFNI the retailer had forecast sales growth of about 18% this year, which would propel sales to $580m, but a better performance is likely if

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(7-Jun-2005) - Dubai Duty Free remains on track to set a new annual sales record in 2005 and could break the $600m mark
(4-Jan-2005) - The retailer celebrates passing the half billion-dollar mark after year-on-year sales growth of more than 30%
(20-Dec-2004) - The retailer predicts today's (December 20) sales will break the $2m barrier as it offers a 21% discount on several products to mark its 21st anniversary
(2-May-2014) - Dubai Duty Free has announced first quarter sales of $479.5m representing a 10% increase over the same period last year—signalling a positive year ahead for the airport retailer.
(15-Jun-2005) - Middle East Travel Retailer of the Year: Dubai Duty Free Sponsored by Mars