McLoughlin’s impact on Dubai Duty Free spanned 41 years, where he steered its growth from modest beginnings to a business generating over $2bn.
UAE retail industry legend Colm McLoughlin to step down after 41 years at Dubai Duty Free
The retailer said the top five selling categories for the year were perfumes followed by liquor, gold, cigarettes and tobacco, and electronics
In line with its anniversary celebrations, the retailer has announced a slew of promotional offers for travellers until December 20
December sales were boosted by DDF’s 39th anniversary celebrations when the operation offered a 25 per cent discount from December 18- 20
The awards celebrated stalwarts and companies from across the region’s business landscape
Online sales reached $29m, accounting for 3 per cent of total sales from January through August
Dubai International Airport is forecasting around 56 million passengers and we expect our revenue to continue to grow in line with that
The top five selling categories for the year included perfumes followed by liquor, cigarettes and tobacco, gold and electronics
The retailer offered a 25 per cent discount on a range of merchandise over three days from December 18-20
From accurately measuring returns on investments to considering value-to-cost propositions, major conglomerates from the UAE are successfully navigating the sports sponsorship industry and the mega-money involved in it
No injuries were reported
The airport retailers plans to reopen operations in Terminal 2 later this week
Located in Terminal 3, the stores are Apple’s largest in travel retail
The difficulties that the industry faced in 2015 will remain for the most part in 2016, writes McLoughlin
The state-controlled retailer launched the repricing exercise last month, one of a string of United Arab Emirates companies to cut their borrowing costs in recent months.