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Time of India
03-07-2025
- Business
- Time of India
Dubai Airport Duty-Free retailers hit record Dh4.1 billion sales in first half of 2025
Dubai Duty Free posts a record Dh4.118 billion ($1.12 billion) in H1 sales, buoyed by strong perfume, confectionery and luxury goods performance, with new boutiques planned for later this year. Dubai Duty Free reported a record-breaking revenue of Dh4.118 billion ($1.12 billion) for the first half of 2025, marking a 5.34% year-on-year increase. This performance surpasses the previous half-year record by nearly Dh209 million ($57 million), underlining strong travel demand through Dubai International Airport and the retailer's expanding luxury offering. Sales Boosted by Travel Season and Passenger Spending Sales momentum was especially strong in April, May, and early June, driven by Eid holiday travel and the early summer vacation season. 'We are very pleased with our record performance for the first half of 2025,' said Ramesh Cidambi, Managing Director of Dubai Duty Free in a public statement. 'The spend per passenger is likely to be better than last year. This performance is a testament to our team's hard work and the strength of Dubai as a global travel hub.' Top-Performing Product Categories in H1 2025 Dubai Duty Free's top five sales categories remained consistent, with notable growth across most segments: Perfumes: Dh744.24 million ($203 million; 18% of total revenue, up 5%) Beverages: Dh513.37 million ($140 million) Cigarettes & Tobacco: Dh439.91 million ($120 million; up 12.24%) Gold: Dh416.90 million ($114 million; 10.12% of total revenue, up 6.14%) Confectionery: Dh412.52 million ($112 million; up 62.70%, accounting for 10% of revenue) Other highlights: Cosmetics: Dh201.51 million ($55 million; up 3.36%, 4.89% of revenue) Terminal and Regional Sales Growth Sales across terminals saw significant gains: Terminal 3: +6.37% Terminal 1: +5.25% Positive growth was recorded across major passenger regions: Europe: +16.89% Middle East: +8.15% Russia: +4.41% Indian Subcontinent: +1.02% Looking Ahead: Expansion and Luxury Retail Focus Dubai Duty Free completed renovations at three Arrivals Shops in H1 and is preparing for a busy summer and final quarter. 'We are looking forward to an equally busy second half of the year,' Cidambi said. 'Plans are very much in place for the opening of three luxury boutiques in Terminal 3 Concourse A including Louis Vuitton, Chanel and Cartier.' These additions support Dubai Duty Free's strategy to enhance its luxury retail presence, targeting both regional and international travellers.
Al Etihad
02-07-2025
- Business
- Al Etihad
Dubai Duty Free posts record half-year revenue of Dh4.118 billion
2 July 2025 19:13 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 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 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 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 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 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.
