Dubai Duty Free posts 16.6% sales increase in first half of 2011

  • Sales topped US $698 million

The Dubai Duty Free has reported record first-half year sales of US$698 million, a 16.6% increase in year-on-year performance. Such first half year results indicate a fresh total sales high in 2011.

The top three retail categories continued to be perfumes, liquor and gold. Perfume sales increasing by 20% to US$99 million, while gold rose 24% to top US$79 million. Electronic merchandise sales rose by 22% to US$54 million, while watches sales jumped by an impressive +41% to US$47 million.

Spending trends across all three Dubai terminals continued to increase, with duty free sales in Terminal 2 growing by +31% in the first half of 2011. Sales in Terminals 1 and 3 climbed by +15% and +16%, respectively, while overall Arrivals sales went up by +16%.

In 2010, Dubai Duty Free was the world’s largest single airport duty free retail operator, according to The Moodie Report research. Sales reached US$1.27 billion, just ahead of Incheon International Airport, which reached US$1.26 billion, according to Incheon International Airport Deputy Director Concession Planning Team. Generation Research also ranked the Dubai Duty Free number one, ahead of Incheon and London Heathrow airports.

Global duty free and travel retail sales, which include airports, airlines, ferries and other shops, reached US$39 billion last year – up from US$34.5 billion in 2009, according to Generation Research.

The Middle East accounts for 7.4% of the mix with Dubai Duty Free accounting for 5.4% of airport shop sales and 3.2% of the wider duty free and travel retail global business.

Research additional information:
Why Travel? Emirates to Explain on National Geographic Channel Emirates, a global connector of people, passions and places, has launched ‘Be There’, a global campaign that celebrates curiosity, wanderlust, and...
Boeing Names Bernie Dunn Middle East President Boeing (NYSE: BA) today named Bernie Dunn president of Boeing Middle East. Dunn will be based in Dubai, United Arab Emirates (UAE) and report to Marc ...
Emirates expands its mobile footprint, launches an Android app The Emirates App now available on the world’s largest mobile platform • Key milestone for Emirates as it continues its charge in the mobile app s...
Emirates Increases Flights to Beirut Emirates, a global connector of people and places, will gradually increase its services to Beirut with a third daily flight, fully effective on 1 Octo...
Emirates Group Announces 27th Consecutive Year of Profit Group records 2nd highest profit ever with AED 5.5 billion (US$ 1.5 billion); Steady revenue and business growth in line with capacity increases, sig...
Dubai Reveals Plans for World’s Biggest Airport Dubai International Airport is the world's busiest airport by international passenger traffic, but the emirate has also ambitions to build the world...
One Airline Sweeps Four Titles at Business Traveller Awards Best Airline Worldwide, Best First Class, Best Economy Class, and Airline with the Best Cabin ‎Staff Emirates’ innovation, investments in pro...
Emirates Reveals Emiratisation Strategy The Emirates Group will reveal its three-phased Emiratisation strategy, Rehlaty, tomorrow at Careers UAE 2015. The national recruitment strategy, whic...
Emirates upgrades Economy Class and children’s headsets Emirates is further enhancing the entertainment experience for Economy Class travellers with the launch of new, redesigned headsets for its award-winn...
Emirates set to close US$913 million Sukuk *Offer attracted orders exceeding US$3.2 billion and was 3.6 times oversubscribed Emirates is pleased to announce the successful pricing of U...