Dubai Duty Free records 10 percent sales increase
First half sales at Dubai Duty Free (DDF) edged past the half billion-dirham mark, reaching 511.6 million Emirati dirhams ($140 million). These figures represent a 10 percent increase over the same period last year and placing the operation firmly on track for the one billion dirham ($277 million) target set for 2002.
While most categories witnessed an increase over the past six months, sales of electronics rose to Dh 59 million ($16 million), representing a 16 percent increase over the same period last year and placing this category in third position in terms of revenue.
Gold continues to retain the number one position with sales reaching over Dh 60 million ($16.5 million) and representing 12 percent of total revenue for the first half. Other categories showing a significant increase include perfumes, which increased by 10 percent over the same period last year and confectionery, which increased by 14 percent.
Dubai Duty Free began operations in December 1983 and recorded a first full year turnover of Dh 72 million. The facility, which is located at Dubai’s international airport, comprises an area of 5,400 square-meters. — (menareport.com)
© 2002 Mena Report (www.menareport.com)