‘Adapt & Survive’: Colm McLoughlin, Dubai Duty Free
By Charlotte Turner |
While Colm McLoughlin is unsure when Dubai Duty Free’s stores will reopen, after closing on 25 March, he does expect that they will remain closed for at least another month. He also divulges that since the company closed its stores, revenue is down Dhs 880 million/$240m compared with this time last year.
In this episode of the Adapt & Survive series, McLoughlin confirms that Dubai has increased lockdown for its citizens for a further week, but he expects it to continue for a lot longer as the world faces a race against time to find a vaccine.
“There are over 7,000 cases in the UAE currently, but it’s being controlled very well,” he told TRBusiness. “111 of our DDF staff have tested positive for the virus. Three are in hospital and 58 are under the department of health’s isolation. We have been able to test 3,500 members of our staff so far.”
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