POST Online Media Lite Edition



 

Dubai duty free annual sales reach $1.85 billion in 2016

Staff Writer |
Dubai Duty Free ushered in the new year by announcing annual sales of Dhs6.673 billion ($1.85 billion) in 2016.

Article continues below






In 2016, Dubai Duty Free opened 7,000 square metres of retail in Concourse D on February 24 as part of the phased opening of the newest concourse in Dubai International Airport early this year, and that brought the retail area under its operation to 36,000 square metres in both of Dubai’s Airports.

Perfumes continues to be the highest selling category with annual sales topping Dhs1.104 billion ($306.85 million) and which represents 16.55% of total annual sales.

Liquor followed with sales of Dhs1.063 billion ($295.40 million) while Cigarettes & Tobacco came in third place with sales of Dhs578.53 million ($160.70 million).

Cosmetics came in fourth place with sales amounting to Dhs535.65 million ($148.80 million) followed by Confectionery with Dhs517.48 million ($143.75 million).

Meanwhile, sales in departures outlets across the concourses accounted for 86.66% of the total annual sales at Dhs5.782 billion ($1.60 billion).

During the year Dubai Duty Free also recorded an impressive 27.119 million sales transactions which is an average of 74,097 sales transactions per day across both Dubai International and at Al Maktoum International airports, and its performance won the company 28 awards during the course of the year.