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Heady heights in Hainan: Three-day New Year’s holiday duty-free sales rocket +128.9%
2026 got off to a flying start for offshore duty-free retailers as sales soared to RMB712 million (US$101.8 million) during the three-day New Year’s holiday. Some 442,000 items were sold while footfall and conversion were encouragingly heavy.
Records tumble as Dubai Duty Free brings down the curtain on an extraordinary 2025. Not only did annual sales smash through the previous all-time record but December proved to be the most successful year in the retailer’s remarkable 42-year history.
As Dubai Duty Free celebrated its 42nd anniversary, shoppers at Dubai International and Al Maktoum International airports celebrated the retailer’s traditional annual sale, collectively spending US$6,250 a minute over a 24-hour “shopping frenzy”.
“Within transactions over AED500 (US$136), the highest growth was in the AED10,000 (US$2,720) and above segment,” notes an understandably upbeat Dubai Duty Free Managing Director Ramesh Cidambi. “The next highest was in the AED5,000-10,000 segment (US$1,360- 2,720).”
Year-to-date sales surpassed the US$2 billion mark by mid-November, suring another record-breaking year for the retailer.
The airport retailer continues its remarkable 2025 resurgence, reaching yet another monthly landmark as year-to-date sales surge to AED6.88 billion (US$1.89 billion).
In major breaking news, key Chinese regulators have announced a series of proactive measures designed to improve the country’s duty-free shop policy.
In conjunction with the broad store-wide celebrations, taking place from 24 to 28 October, cdf Haikou’s acclaimed world-class whisky museum, Malt & More Whisky, is also marking its first anniversary with a variety of promotions and activities.
Dubai Duty Free continues its stellar 2025 resurgence under the leadership of Managing Director Ramesh Cidambi by setting an all-time September sales high of AED671.79 million (US$184 million), up almost +12% over the previous record.
Macau International Airport Company today launched a Request for Proposal for a single retailer to operate a 721sq m sub-concession space dedicated to Specialty Retail Services in Macau International Airport’s airside departures zone
Underpinned by “an incredible” +57% surge in confectionery sales – spurred by the sustained Dubai Chocolate dynamic – and strong performances across multiple other categories, Dubai Duty Free sustains its remarkable 2025 momentum.
“By leveraging our expertise and investment in human talent, ecommerce and internationalisation, we see strong potential to develop Smythson into a global lifestyle business,” says Oakley Capital Operating Partner Vicente Castellano.
The 12,000sq m retail venue will deliver “the art of retail in the heart of Europe”, featuring a central marketplace concept and an impressive mix of global and German brands.














