DDF sales up 10% in 1Q 2014


April 3, 2014 | By RetailME Bureau

Dubai Duty Free (DDF) recorded AED1.75 billion in sales during 1Q 2014, marking a 10% increase over the corresponding period last year. Sales were up across all three terminals, with a 23% rise in Terminal 2 and 11% growth in Terminal 3, accounting for 62% of DDF’s total turnover.

Perfume, beverages and gold were the top-selling categories during the first quarter, followed by cosmetics, handbags and small leather products and souvenirs. Sales of perfume grew by 16% to AED286.4 million, while sales of cosmetics reached AED141.3 million, up 30%; handbags and small leather products touched AED25 million, up 62%; and souvenirs reached AED33 million, up 9%.

“We have had a very good start to the year and are very much on track for our sales forecast of AED7 billion,” says DDF executive vice chairman Colm McLoughlin, adding that the expansion and upgrade of Terminal 2 late last year boosted sales, and the project’s final phase, which includes a new shop, will boost sales further. DDF’s sales touched AED6.65 billion last year, representing an 11.4% growth over 2012.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /


Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto

Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the 

Continue Reading

January 17, 2021 | By RetailME Bureau
Cookit

Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created 

Continue Reading

January 5, 2021 | By RetailME Bureau
Al Islami Plant-Based Burger

UAE-based Al Islami Foods, one of the largest frozen food companies in 

Continue Reading

January 3, 2021 | By RetailME Bureau
Marks & Spencer's plant-based range

Marks & Spencer’s plant-based range now offers over 25 vegan products including meat-free 

Continue Reading

December 23, 2020 | By RetailME Bureau

World’s largest fully integrated online brand in fresh fish and meat e-commerce 

Continue Reading

December 14, 2020 | By RetailME Bureau
Koita

Homegrown, organic and plant milk company, Koita has announced its expansion into 

Continue Reading

December 9, 2020 | By RetailME Bureau
Middle East's vegan revolution

Today’s on-demand streaming services are ripe with docu-series and explainer videos on 

Continue Reading

December 3, 2020 | By Shruthi Nair




Download Images RetailME Magazine