Dubai Duty Free posts record half-year revenue of Dh4.118 billion
DUBAI (WAM)Dubai Duty Free on Wednesday announced record half-year sales performance posting a 5.34 percent year-on-year increase with turnover reaching Dh4.118 billion ($1.128 billion) for the first six months of 2025, exceeding last year's previous record turnover for the first half of the year by Dh208.95 million ($ 57.24 million).The airport retailer recorded robust growth in April, May, and the first half of June, with sales buoyed by a surge in travel over the Eid holiday and the early summer travel season.Dubai Duty Free Managing Director, Ramesh Cidambi, said, 'We are very pleased with our record performance for the first half of 2025. Whilst we await the final passenger numbers for June 2025, the spend per passenger is likely to be better than last year's June. This performance is a testament to our team's hard work and the strength of Dubai as a global travel hub.'The company remains optimistic for the second half of the year, with preparations underway for a busy summer and a traditional busy last quarter.'We are looking forward to an equally busy second half of the year. Plans are very much in place for the opening of three luxury boutiques in Terminal 3 Concourse A, including Louis Vuitton, Chanel, and Cartier,' Cidambi added.Perfumes, Liquor, Cigarettes & Tobacco, Gold, and Confectionery retained the top five category positions. Perfume sales reached Dh744.24 million ($203.90 million), contributing 18 percent of total revenue and showing an increase of 5 percent over the same period last year.Liquor followed with sales of Dh513.37 million ($140.65 million), while Cigarettes & Tobacco saw a 12.24 percent increase year-on-year with sales of Dh439.91 million ($120.52 million).Gold sales amounted to Dh416.90 million ($114.22 million), contributing 10.12 percent of total revenue and an increase of 6.14 percent. Confectionery in particular continued to demonstrate strong growth, achieving Dh412.52 million ($113.02 million), marking a 62.70 percent increase over the same period last year and accounting for 10 percent of total revenue.Another notable increase was seen in Cosmetics, which rose by 3.36 percent to Dh201.51 million ($55.21 million), contributing 4.89 percent of total revenue.Spending trends across terminals continued to increase, with duty-free sales in Terminal 3 increasing by 6.37 percent for the first half of the year, while Terminal 1 rose by 5.25 percent.
All key passenger regions showed positive sales during the first half of the year, with Europe up 16.89 percent, the Russian region up 4.41 percent, the Indian-sub continent up 1.02 percent and the Middle East up 8.15 percent.
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