Dubai posts new record

5-Aug-2003

Dubai Duty Free (DDF) has claimed a new monthly sales record, posting revenue of Dh114.7m ($31.2m) in July or over $1m a day.

Dubai Duty Free (DDF) has claimed a new monthly sales record, posting revenue of Dh114.7m ($31.2m) in July?or over $1m a day. The figure beats the operator's previous record set in January 2003 and represents year-on-year growth of 30%.

The operator pointed to the electronics and beauty categories as particularly strong performers in July, with both posting 35% sales increases over July 2002. DDF also enjoyed strong sales of books, boosted by the arrival of the fifth instalment of the Harry Potter series.

DDF managing director Colm McLoughlin said: ?Our first-half sales figures were up 16% on the previous year and we are absolutely delighted that this trend is continuing into the second half. We are aiming to close the year with sales of Dh1.3bn ($354m) and with monthly figures like this, we are very much on track. This is a great reflection of the commitment from everyone at Dubai Duty Free.?

DDF celebrates its 20th anniversary in December this year.

Bookmark This Article

Delicious    Digg    StumbleUpon    Facebook

Your Comments On This Article

Name:
Email:
- Not displayed on website
Comments:
Please note:
Only alpha-numeric characters allowed for comments
Security Image:
Please enter image text in the security code field
Security Code:
 

Related Stories

Articles bearing the symbol  require subscription.

(2-Sep-2003) - UAE. Dubai Duty Free has claimed a new monthly sales record, posting revenue of Dh114.7m ($31.2m) in July?or over $1m a day.
(6-Nov-2002) - UAE. Dubai Duty Free set a new monthly sales record in October, passing the Dh100m ($27.2m) figure for the first time, with sales of Dh102.6m ($27.9m). The operator also announced a new daily sales record of Dh4.36m ($1.18m), set on November 1.
(25-Oct-2003) - Dubai Duty Free set a new daily sales record yesterday (October 24) as takings reached $1.63m
(5-Nov-2002) - Dubai Duty Free (DDF) announced today it has set a record monthly sales figure in October of Dhs102.6m ($28.5m)