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Dubai Duty Free ranks third in the world
DUBAI - Dubai Duty Free's position as a global airport retailer took another step forward with the release of new statistics from the Swedish-based Generation Group, which ranks Dubai Duty Free as the third largest duty free operation in the world in terms of turnover.
The statistics, which are based on 2003 figures, show a jump of two places for the operation which recorded sales of US$380 million last year and places Dubai No. 3 after London Heathrow and Seoul, Incheon Airport.
Commenting on the top three ranking, Shaikh Ahmed bin Saeed Al Maktoum, President of the Department of Civil Aviation, Dubai said, "This is a tremendous achievement for Dubai Duty Free which has jumped from fifth to third place in one year. Dubai Duty Free sales now rank with operations in higher-traffic airports such as Heathrow which handles in excess of 60 million passengers per year."
Colm McLoughlin, Managing Director of Dubai Duty Free said, "We are delighted to be among the top three duty free operations in the world and I would like to thank Shaikh Ahmed bin Saeed Al Maktoum for his ongoing support and to congratulate the 1,200 staff at Dubai Duty Free for continuing to generate record sales."
Looking ahead to this year, Mr McLoughlin added, "First quarter sales at Dubai Duty Free reached $118 million, while figures for the first five months show a 47 per cent increase over the same period last year. We expect to close the year with a turnover of $500 million, which should keep us in the top three ranking for another year."
Dubai Duty Free celebrated its 20th anniversary in 2003 and sales in that time have grown by 2,000 per cent. On the anniversary day (20th December 2003) sales reached a record $1.9 million, which represented over 35,000 sales transactions.
The proceeds of the anniversary day sales were donated to charity as part of Dubai Duty Free's 20th Anniversary celebrations.
DDF comes up with more promotions
Dubai Duty Free, one of the key sponsors of the Dubai Summer Surprises 2004, has unveiled a wide array of promotions during the 10-week retail and tourism extravaganza, which gets under way from tomorrow (June 17).
Colm McLoughlin, Managing Director of Dubai Duty Free, said, "Dubai Duty Free is a key sponsor of DSS for the first time and in line with this, a number of promotional activities will be introduced to enhance the DSS themes over the coming ten weeks."
With young people in mind, Dubai Duty Free will also organise a series of visits for the members of the Modhesh Friends Club, which will offer children the chance to experience the excitement at the airport retail outlets even without travelling. Coupled with this, Dubai Duty Free will be unveiling a series of promotional offers with the 'Summer Surprises' retail offer, which will provide customers with special holiday prices on a range of goods. 'Summer Surprises' leaflets, detailing the latest special offers, will be available at Dubai Duty Free throughout DSS.
Throughout DSS, Dubai Duty Free will continue to run its ever-popular Finest Surprise and Millennium Millionaire promotions. On average, the operation presents winners with a Finest Surprise luxury car every week, while the Dubai Duty Free Millennium Millionaire draw creates a dollar millionaire every six to eight weeks.
Within the opening week of DSS, Dubai Duty Free will conduct the 39th Millennium Millionaire draw, creating the first DSS dollar millionaire.
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