Dubai Obligation Free yearly sales leap 40 percent to Dh3.5 billion in 2021
Dubai Obligation Free (DDF) taped yearly sales of Dh3.563 billion ($ 976 million) in 2021, a rise of 40 percent contrasted to the previous year.
It taped over 9 million sales purchases throughout the year, approximately 25,000 sales purchases each day, while over 26 million devices of goods were offered.
” General, it has actually been a great year for the procedure regardless of the obstacles of the pandemic,” claimed Colm McLoughlin, executive vice-chairman as well as chief executive officer of Dubai Obligation Free.
The leading 5 marketing classifications for the year consisted of fragrances adhered to by alcohol, cigarettes as well as cigarette, gold as well as electronic devices.
Sales of fragrances got to Dh698 million ($ 191 million) as well as made up 19.59 percent of the overall yearly sales. Alcohol in 2nd location taped sales of Dh617 million ($ 169 million) as well as made up 17 percent of overall yearly sales.
Cigarettes as well as cigarette, the 3rd very popular group had Dh348 million ($ 95 million) in sales as well as added 10 percent in the direction of overall earnings. Gold can be found in 4th location with sales totaling up to Dh290 million ($ 79.5 million) as well as made up 8 percent of overall earnings while electronic devices can be found in 5th location with sales of Dh278 million ($ 76 million) as well as made up 7.8 percent of overall yearly sales.
Online sales made up 5 percent of the total sales tally for 2021 as well as got to Dh177 million ($ 48 million).
On the other hand, sales in Separations got to Dh2.9 billion ($ 818 million) as well as stood for 84 percent of overall yearly sales, while Arrivals sales got to Dh373 million ($ 102 million), standing for 10 percent of overall yearly sales.
” We have actually remained to establish our retail deal in all the Terminals which consisted of the opening of a Christian Dior shop in Rout An as well as B as well as a Louis Vuitton store in Rout B. We are currently eagerly anticipating the opening of a Cartier shop in Rout B as well as the resuming of the Chanel shop in Rout A in the initial quarter of this year,” claimed McLoughlin.
– waheedabbas@khaleejtimes.com
