{"id":20264,"date":"2023-01-02T20:15:29","date_gmt":"2023-01-02T20:15:29","guid":{"rendered":"https:\/\/www.meretailnews.com\/?p=20264"},"modified":"2023-01-02T20:21:01","modified_gmt":"2023-01-02T20:21:01","slug":"dubai-duty-free-sales-hit-1-74-billion","status":"publish","type":"post","link":"https:\/\/www.meretailnews.com\/2023\/01\/02\/dubai-duty-free-sales-hit-1-74-billion\/","title":{"rendered":"Dubai Duty Free sales hit $1.74 billion in 2022"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<span data-preserver-spaces=\"true\"><a href=\"https:\/\/www.dubaidutyfree.com\/\" target=\"_blank\" rel=\"noopener\">Dubai Duty Free<\/a> has revealed that its sales reached $1.74 billion ( Dhs6.339 billion) in 2022, representing a 78 per cent increase over the previous year.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The airport retailer reported more than 17.3 million transactions across the year, averaging 46,912 per day, with 47.3 million units of merchandise sold.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Executive vice chairman and CEO of Dubai Duty Free, Colm McLoughlin, said, \u201cWe are thrilled to announce such a positive year as travel returns during which the operation went from strength to strength. I would like to thank our Chairman, H.H. Sheikh Ahmed bin Saeed Al Maktoum, for his ongoing support and I join him in thanking our great team of staff, our suppliers and of course our customers, who are fundamental to our continued growth and success.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With sales of $310.66 million, perfumes contributed 18 per cent of total sales and retained their position as the bestseller.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u00a0Gold recorded sales of $172.41 million and contributed 10 per cent towards total revenue. Cigarettes &amp; tobacco came in fourth place with sales amounting to $154.07 million and accounted for 9 per cent of total revenue while electronics came in fifth place with sales of $137.59 million accounting for 8 per cent of total annual sales.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Online sales during last year accounted for 2.54 per cent of the overall sales, reaching $44.16 million. Sales in departures across the operation totalled $1.53 billion representing 88 per cent of total annual sales, while arrivals sales amounted to $157.092 million, accounting for 9 per cent of total annual sales.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In August, the Duty Free recorded a 104 per cent increase in sales for the first eight months clocking $1.06 billion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">December sales were complementarily bolstered by Dubai Duty Free\u2019s 39th-anniversary celebrations when the operation offered a 25 per cent discount from December 18-20, which brought in extra $29.4 million during the three-day period.<\/span><\/p>\n<p>In addition, Dubai Duty Free received the Gulf Business &#8216;Retail Company of the Year&#8217; award and the sixteenth consecutive Global Traveller Award for &#8216;Best Duty-Free Shopping in the World&#8217;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai Duty Free sales have reached $1.74 billion last year<\/p>\n","protected":false},"author":40,"featured_media":20109,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[4113],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20264"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=20264"}],"version-history":[{"count":6,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20264\/revisions"}],"predecessor-version":[{"id":20271,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20264\/revisions\/20271"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/20109"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=20264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=20264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=20264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}