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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]
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 ]
Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.
Check out a list of 7 items to avoid in an airport at all costs here. However, some items in duty-free shops (otherwise known as tax-free) are actually worth the buy.
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Duty Free World is the only female-owned company in the travel-retail industry. The company employs over 200 people around the world and processes over 1,068,545 transactions annually from traveling customers.
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San Francisco International Airport, commonly referred to by its airport code, SFO (with each of its letters pronounced individually) is the primary international airport serving the San Francisco Bay Area. It is the second-busiest airport in California, after Los Angeles International Airport (LAX) and the 29th-busiest in the world.