Dubai Duty Free reaches milestone $2bn sales target

By Andrew Pentol |

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Dubai Duty Free reached its landmark sales target of $2bn on 29 December 2018.

Dubai Duty Free (DDF) has announced it has reached its sales target of Dhs7.3bn ($2bn) in the early hours of 29 December.

As reported, DDF registered a sales increase of +9% between January and May, versus the same period last year with total sales of $853.65m in that period.

Colm McLoughlin, Executive Vice Chairman & Chief Executive Officer of Dubai Duty Free said:  “2018 has been a good year for Dubai Duty Free and we have been building up towards the $2 billion sales figure all year.

“We had been tracking the sales figures hour by hour and it is fantastic to have achieved this figure before the end of the year.”

DANISH COUPLE BREAK BARRIER

The $2bn milestone was reached in Concourse B on 29 December at 00.43 hours when Mr and Mrs Christensen, a retired Danish couple, purchased a Nikon D5300 SLR Camera worth Dhs1,999. This helped tip the sales over the $2bn mark.

Once identified, the couple were presented with a DDF gift card for $2,000 by Dubai Duty Free officials including Saba Tahir, Senior Vice President Purchasing; Allan Chapman, Vice President IT & Logistics; Kaiser Imtiaz, Senior Buyer; Salim Ibrahim, Operation Manager; Duty Manager’s Edmond Saldanha and Hazel Punongbayan; and Duty Officer Jasmin Javelosa.

McLoughlin added: “It is appropriate at this time to acknowledge the tremendous team effort that goes into running an operation of this size and I would like to extend my thanks to our Chairman, HH Sheikh Ahmed bin Saeed Al Maktoum for his ongoing support and commitment.

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The $2bn milestone was reached in Concourse B on 29 December at 00.43 when Mr and Mrs Christensen, a retired Danish couple, purchased a Nikon D5300 SLR Camera worth Dhs1,999.

“A big thank you to our customers, our suppliers and of course our team of staff who, keep the operation running 24 hours a day.”

Dubai Duty Free, which celebrated its 35th anniversary on December 20th, recorded sales of $20m for its first full year of business.

Of the original 100 staff who joined in 1983, 26 of the current 6,200 total remain in active service.

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