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Dubai Duty Free's Million-Dollar-A-Day Month
- United Arab Emirates: Saturday, August 02 - 2003 at 16:29
- PRESS RELEASE
Dubai Duty Free followed its successful first half year sales with the announcement of record monthly sales for the month of July totalling Dhs 114.7 million (US 31.8 million), thereby averaging over US 1 million per day. This surpasses the previous record of Dhs108.4 million (US 30.1 million) set in January 2003 and represents a 30 percent increase over July 2002.
Commenting on the record July figures, Colm McLoughlin, Managing Director of Dubai Duty Free said: "Our first half year sales figures were up 16% on the previous year and we are absolutely delighted that this trend is continuing into the second half. We are aiming to close the year with sales of Dhs1.3 billion (US$360 million) and with monthly figures like this, we are very much on track. This is a great reflection of the commitment from everyone at Dubai Duty Free."
In December this year, Dubai Duty Free celebrates its twentieth anniversary. During this time, the operation has grown from an annual turnover of US$20 million to become the fifth largest duty free operation in the world with sales of Dhs1.1 billion (US$306
million) in 2002.
The operation currently employs over 1,000 staff who represent 31 different nationalities and speak a total of 36 languages.
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Notes and media contacts
For further information, please contact: Sinéad El Sibai, Marketing Department,Dubai Duty Free, PO Box 831, Dubai-UAE. Tel: 04 2062435 Fax: 04 2244455.
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