At an industry gathering in Singapore last week, Dubai Duty Free (DDF) was named Middle East Travel Retailer of the Year for the second consecutive year in the Raven Fox Awards for Travel-Retail Excellence.
Held to coincide with the Tax Free World Association (TFWA) Asia Pacific 2002 exhibition, the awards were presented at a gala dinner hosted by Raven Fox, the publishers of trade magazines Duty Free News International and Travel Retailer International. The annual awards recognize advances made in the travel retail industry and are based on a free vote among travel retailers and suppliers.
Now in its nineteenth year of operation, DDF has set a sales target of one billion Emirati dirhams ($277 million) for this year. Record first quarter sales of Dhs251.2 ($69.7 million), which represent a five percent increase over the same period last year. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
