Dubai Duty Free Crosses AED 8bn in Monthly Sales

Facebook
Twitter
LinkedIn
Dubai Duty Free celebrates crossing AED 8bln retails sales at Dubai International Airport. Image Courtesy: Dubai Duty Free
Dubai Duty Free celebrates crossing AED 8bln retails sales at Dubai International Airport. Image Courtesy: Dubai Duty Free

Dubai Duty Free reached an historic milestone on December 9th when the airport retailer passed AED 8 billion in sales for the first time in its 42-year history. The sale of a twin pack of Marlboro Lights purchased for AED 371 by an Indian passenger travelling to Delhi was the item that pushed sales over the AED 8 billion mark.

This achievement is the continuation of record monthly sales this year, with 9 out of 11 months setting new records, topped by Novemberโ€™s all time high sales of AED 876.56 million (USD 240.16 million).

Image: Dubai Duty Free Official website

Recognising the historic milestone today in Terminal 3, Ramesh Cidambi, Managing Director, who was accompanied by the management team and staff said, โ€œItโ€™s a momentous occasion to cross the AED 8 billion mark for the first time ever in the companyโ€™s history. From the bottom of our hearts, we want to thank all of you who are working 24 hours a day, 365 days a year on the shopfloor and in the back office to make these transactions happen and to drive the business to this level at year end. We are up 17.6% compared to last December for the first nine days. The last few days have been fantastic, and we are up 9.8% for the year, which is AED 710 million more than what we achieved last year โ€“ equivalent to one full month of sales.

โ€œOur Chairman, H.H. Sheikh Ahmed bin Saeed Al Maktoum, congratulated each member of the Dubai Duty Free team for the outstanding performance in November and looks forward to a strong finish for the year.โ€ added Cidambi. Looking ahead to the remainder of the year, the retail operation will celebrate its 42nd Anniversary on December 20th and will mark the occasion by offering a 25% discount on a wide range of products.

Source

Share.

RELATED POSTS

Madinet Masr and ASEC Automation signs MoU. Image Courtesy: Madinet Masr
Madinet Masr Forges Partnership with ASEC Automation To Develop Investment
In the heart of Najaf, Iraq, a new residential development is redefining human-centered, sustainable urban living. Image Courtesy: Dar Al Omran
Dar Al Omran Launches Traditional Iraqi Architectural in Bdoor Al-Najafย 
Russell Dillon. Image Courtesy: Al Habtoor Grand Resort, Autograph Collection
Al Habtoor Grand Resort Onboards Russell Dillon as Commercial Director

LATEST POSTS

azakaw-AI powered RegTech platform. Image courtesy: azakaw
A Managerโ€™s Checklist for Choosing the Right MSP Partner. Representational Image by Andrea Piacquadio from Pexels
Representational Image Representing Security Services. Image Courtesy: Freepik
Breaks ground for the sixth residential project from the developer, offering 52 waterfront units for premium island living. image courtesy: Mashriq Elite