Dubai Duty Free sales hit $1.27bn so far in 2013

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Colm McLoughlin, Dubai Duty Free executive vice chairman.

Colm McLoughlin, Dubai Duty Free executive vice chairman.

Dubai Duty Free said on Thursday that its sales for the first nine months of 2013 totalled AED4.65bn ($1.27bn), an increase of 12 percent on the same period last year.

The airport retailer said in a statement that the figures put it on target for year-end sales of AED6.6bn.

It added that strong growth was recorded across the terminals at Dubai International, with sales in Terminal 3 rising by 17 percent to AED2.94bn and accounting for 63 percent of total turnover.

Terminal 2 saw sales rise by 22 percent to AED352m in the first nine months of the year while Terminal 1 recorded nine month sales of AED1.3bn.

Arrivals sales across all three terminals rose by 14 percent to reach AED457m, 10 percent of total sales.

Colm McLoughlin, executive vice chairman of Dubai Duty Free said: “We are having a terrific year in terms of sales and we are looking forward to ending this 30th anniversary year on a high note.

"Concourse A. which opened in January 2013, has been a great and much needed addition to Terminal 3 and the expansion programme in Terminal 2 is coming to a conclusion shortly.

"We will embark on a renovation programme in Terminal 1 early next year and of course we are opening a 2,500 square metre retail space at Al Maktoum International Airport later this month, so things are keeping us busy.”

Category wise, perfumes, liquor and gold retained the top three positions with Perfumes in particular showing strong growth (17 percent) to AED738m.

The retailer now has 6,000 employees and of the original 100 staff, 44 remain in active service and are referred to as the “pioneers”.

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