Dubai Duty Free announced that its sales recorded $1.94 billion until the end of November 2024, and that it is moving forward towards achieving its goal to exceed $2 billion in total annual sales by the end of the year..
According to a statement from the market, its sales in November alone recorded $205.67 million, making it the fifth best month ever in terms of performance compared to the records recorded by the market in December every year, which is the month that coincides with its celebration of the anniversary of its founding, where sales are usually high..
November 30 recorded a record high for daily sales this year at $8.46 million, while November 29 achieved the third highest level of the year with sales amounting to $8.24 million..
Ramesh Kidambi, CEO of Dubai Duty Free, said: “We look forward to achieving more achievements this December, thanks to the tireless efforts made by all members of the work team, and our expectations are strong, with the arrival of the busy holiday season, to bring the curtain down on the year 2024 with high annual sales figures.”“.
Perfume sales recorded $362 million, an increase of 10% compared to 2023, while gold sales increased 2% compared to last year, achieving $194.57 million, and electronics achieved sales of $134 million..
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