Dubai Duty Free has recorded sales of $1.94 billion up to the end of November, and it is on course to hit its target in excess of $2 billion for the year.

 

The airport retailer finished the month of November with sales of $205.67 million, making it the fifth-best month ever with previous records set during the operation’s anniversary month of December when sales are traditionally high, a WAM report said. November 30 set a daily sales record for the year at $8.46 million, while November 29 was the third highest of the year with sales of $8.24 million.

 

Dubai Duty Free, Managing Director Ramesh Cidambi, said: “The sales performance in November was against tough trading conditions including the sales in boutiques for the major fashion brands being lower than last year and refurbishment projects in the Arrivals shops in all three terminals. We have had a major focus on driving sales in recent months, and I am pleased with the huge effort made to reduce the gap between the budgeted spend per passenger and actual spend.”

 

Continuous effort

"Thanks to the continuous effort of our entire team, I look forward to another great month in December as we head into a busy holiday season and expect to close the year with excellent results," he added.

 

Perfume sales reached $362 million, representing a 10% increase over 2023. Gold sales increased by 2% over the same period last year with sales amounting to $194.57 million while Electronics came in fifth place with sales of $134 million.--TradeArabia News Service