The company has seen a 104 per cent increase in sales for the first two-thirds of 2022 and its turnover has reached $1.06bn.
The top five categories for sales were perfumes, liquor, gold, cigarettes & tobacco and electronics, while fashion also saw an excellent uptake in sales with an increase of $89M. The increase in sales in this category can be partially put down to recent openings of high-profile fashion brands that include the likes of Louis Vuitton, Dior and Cartier.
“We are heading into a busy sales period for the last quarter and with the upcoming FIFA World Cup starting in November, this will further boost traffic to Al Maktoum International Airport (AMIA) which will handle an additional 30 return flights to Doha during the World Cup period. The opening of the new Fashion outlets has resulted in a big increase in the category and we are also continuing with our ongoing retail developments at Dubai International Airport (DXB). All in all, we are confident that we will reach our target at the end of December, which also marks our 39th anniversary,” added Colm McLoughlin, Executive Vice Chairman and CEO of Dubai Duty Free.
