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Colm McLoughlin

Colm McLoughlin

Company:

Dubai Duty Free

Designation:

Executive vice-chairman and CEO

McLoughlin heads the largest airport retailer in the world in terms of sales. Under his guidance, Dubai Duty Free recorded $20m in the first year of operation in 1984. In 2017, it posted a record $1.93bn in sales. Part of the Investment Corporation of Dubai, McLoughlin hopes to grow DDF sales to $3bn and staff to 9,000 by 2022. DDF also operates 2,500 sqm at Al Maktoum International, which is set to grow to 80,000 sqm.