Abu Dhabi Airport Duty Free has reported a robust year-on-year sales growth of over 10.5% in 2014 touching $275 million-mark. “This significant milestone confirms that we are providing passengers with the diverse services and offerings they expect at a major international airport, also reflecting rise in passenger numbers largely driven by the success of the national airline, Etihad Airways,” observes Ali Majed Al Mansoori, Abu Dhabi Airports chairman.
Beauty & fragrance emerged as the biggest selling product categories in 2014 with a combined 31% share of duty free turnover and over 9.7% rise compared to 2013. Other high growth categories were Rolex (36.6%), watches (15.5%), cigars (13.2%) and food & confectionary (8.4%).
A number of new stores were also opened in 2014, including two multi-category duty free shops; a 2,723-sqft DFS fragrance boutique in Terminal 3; refurbished core duty free stores on the Terminal 1 Upper Level; and several other initiatives including a new Wellness Spa and Minimart outlet. Abu Dhabi Airports also rolled out a variety of new food & beverage concepts, including a Montreux Jazz Café and CNN Café.
Passenger spending increased during the year, with Indian, Chinese and Emirati passengers together accounting for 36% of sales. “To achieve an increase in average spend per head amid refurbishment works and new store installations is always challenging. However, we continue to align our range of products more closely to the passenger demographic,” adds Al Mansoori.
According to a report by the United Nations, the fashion industry accountsFebruary 18, 2021 | By Shruthi Nair
The jewellery making industry has been under tremendous scrutiny over the yearsFebruary 11, 2021 | By Shruthi Nair
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
UAE-based Al Maya Supermarkets is hosting a two-week food festival at select
Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the
Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created
UAE-based Al Islami Foods, one of the largest frozen food companies in
Marks & Spencer’s plant-based range now offers over 25 vegan products including meat-free
World’s largest fully integrated online brand in fresh fish and meat e-commerce
Homegrown, organic and plant milk company, Koita has announced its expansion into
Tighter restrictions on hotels, restaurants, shopping malls and entertainment venues on account of
All hotels and restaurants have been directed to temporarily hold entertainment activities
The new Dubai Gold Souk is “very much on track”, according to
Gone are the days of traditional brick-and-mortar as well as purely e-commerce
The Dubai Gold & Jewellery Group’s ongoing jewellery campaign, held in association
Retail Abu Dhabi, the retail platform of the Department of Culture and
Gulf Marketing Group (GMG) is gearing up for a continued surge in
UAE-based Emaar Malls have announced the resignation of its CEO, Rajiv Suri
The Lumière Co, a new e-commerce platform, has launched to offer young
Nakheel Malls, the retail arm of master developer Nakheel, has launched its
Serena Marketplace, a new community shopping and service centre for the Mediterranean-themed