Gulf In Focus - GULF STATES - ECONOMICS and FINANCE - Dubai Duty Free's annual sales hit record dh7.406b.

 
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Dubai Duty Free began the new year on a high note as it announced record annual sales of Dh7.406 billion ($2.029 billion) for 2019.

The retailer crossed the $2 billion milestone on December 26. The operation's 36th anniversary day on December 20, when customers were offered a 25 percent discount on a range of products, resulted in a huge surge in sales with 190,208 transactions recorded on the day amounting to sales of Dh111.65 million in the 24-hour period.

Colm McLoughlin, executive vice-chairman and CEO of Dubai Duty Free, said: "Overall, it has been a fantastic year for the operation and I would like to thank Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Emirates airline, Chief Executive of the Emirates Group and Chairman of Dubai Duty Free, for his ongoing support. I also join him in thanking our great team of staff, our suppliers and of course our customers, for their contribution to our growth and success."

In 2019, the...

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