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THE WHAT? Dubai Responsibility Free has reported an annual gross sales enhance in 2022 of 78 % to Dh6.34 billion ($1.73 billion), in response to a report by Nationwide Information.
THE DETAILS Beating its personal forecast, the retailer beforehand predicted gross sales of Dh5.1 billion ($1.4 billion).
Perfumes have been the very best promoting merchandise in 2022, accounting for 18 % of whole gross sales and reaching Dh1.13 billion.
THE WHY? The higher-than-expected outcomes spotlight a return to glory for the journey retail trade put up pandemic, with passenger visitors via Dubai Worldwide Airport mentioned to have recovered strongly.
Colm McLoughlin, Government Vice Chairman and Chief Government of Dubai Responsibility Free, mentioned in an announcement: ““We’re thrilled to announce such a optimistic 12 months as journey returns, throughout which the operation went from power to power.”
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