FX Excursions

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Dubai Duty Free Achieves $2 Billion Mark at End of 2018

by Erich Martin

Jan 9, 2019
eFlyer Lead

Days before the end of 2018, Dubai Duty Free achieved one of its longtime annual earnings goals of more than US$2 billion. The organization achieved the milestone in the early hours of Dec. 29.

Dubai Duty Free achieved the milestone when a Danish couple purchased a Nikon D5300 SLR camera at 12:43 a.m. The camera is worth just less than $550. Once the Christensen couple was identified, Dubai Duty Free awarded them a gift certificate worth $2,000.

“2018 has been a good year for Dubai Duty Free, and we have been building up towards the US$2 billion sales figure all year. We have been tracking the sales figures hour by hour over the past couple of days and it is fantastic to have achieved this figure before the end of the year,” said Colm McLoughlin, executive vice chairman and CEO, Dubai Duty Free.

The couple was flying through Dubai en route between Copenhagen and Sydney as part of their wedding anniversary. It is the first time the couple visited or flew through Dubai.

Following reaching the milestone, McLoughlin acknowledged the teamwork and effort that goes in to reaching a milestone of this caliber. Dubai Duty Free celebrated its 35th anniversary on Dec. 20. During its first year of business in 1983, the organization recorded $20 million in sales.

Have you ever shopped at Dubai Duty Free? Does this milestone surprise you? Tell us. Email us at [email protected]. Please include your full name and location.

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