“Our sales at the end of last year increased by 3.76%, which could not but rejoice. Despite this, 2009 was a difficult year for many retailers who had to critically evaluate their position,” said Colm McLaughlin, CEO of DDF. “However, starting from the second half of last year and in the first quarter of this year, we definitely note an increase in consumer spending by the population in relation to goods of all categories, including expensive luxury products.”
Perfumes and gold still top the list of sales in the duty free zone. In particular, perfumery sales increased by 23% this year and amounted to 150 million dirhams (US $ 40.9 million), gold - by 22% and amounted to 123 million dirhams (US $ 33.6 million). In the first quarter, sales of confectionery products increased by 20% and reached 87 million dirhams (US $ 23.7 million), electronic goods - by 15% and reached 80 million dirhams (US $ 21.8 million), wall and wrist watches - by 41%
