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Dubai Duty Free – the company responsible for the duty-free operations at Dubai International Airport. DDF became the largest airport retailer in the world in terms of sales in 2012. [6] DDF represents over 5% of global duty-free sales, [7] generating 2014 revenues of $1.91 billion [8] and 2016 revenues of $1.85 billion. [9]
Dubai Duty Free (DDF) is the company responsible for duty-free selling operations at Dubai International Airport and Al Maktoum International Airport. [1] Founded in December 1983, DDF recorded first-year sales of US$20 million. In 2023, its 40th anniversary year, sales turnover reached US $2.16 billion, eclipsing pre-pandemic revenues.
As of August 2009, Dubai Duty Free was the biggest single airport retail operation in the world ahead of London's Heathrow and Seoul's Incheon airports. [citation needed] In addition to a wide array of duty-free shops and eating outlets, Dubai Airport has two open-air garden areas. Dubai Airport has numerous business centres located around the ...
The world's largest airport by duty-free sales is South Korea's Incheon Airport, with US$1.85 billion in 2016, [2] narrowly overtaking Dubai Duty Free with 2016 sales of $1.82 billion. [3] Haikou International Duty-Free City Shopping Complex is the world's biggest stand-alone duty-free store in terms of physical size.
DAFZ was established in 1996. It came into being as a part of the Dubai government's strategic plan to make Dubai an investment-driven economy. Today, it is one of the fastest-growing and pioneering free zones in the region, contributing to around 4.7 percent of Dubai's gross domestic product) It allows international investors a completely duty-free business setup and execution of services ...
Sheikh Mohammed Bin Zayed Road, IMPZ, Dubai Production City - Me'aisem 1 - Dubai - United Arab Emirates: Opening date: 1 September 2015; 9 years ago () Management: Majid Al Futtaim Group: Owner: Majid Al Futtaim Group: No. of stores and services: 53+ Total retail floor area: 325,000 sq ft (30,200 m 2) No. of floors: 1: Parking: 750 cars: Website
In the 1960s and 1970s DFS Group significantly expanded their operation in Pacific Islands and North America. DFS capitalized on the rising wave of Asian tourists who began to travel further overseas, opening stores in international airports and later in downtown locations where travelers have their purchases delivered before departure. [8]
Location Gross lease-able area Number of stores Remarks / references Dubai Mall: Downtown Dubai: 350,000 m 2 (3.77 million sq ft), Total retail floor area is 12.1 million square feet (112 ha). 1200 World's most-visited shopping and leisure destination, attracted more than 65 million visitors in 2012. [1] [2] Sahara Centre Sharjah: Sharjah-Dubai ...