Abu Dhabi, UAE: Abu Dhabi Airports Company (ADAC) today signed a fiv year contract with Duty Free Shoppers (DFS), the international travel retailer, to manage and operate Abu Dhabi Duty Free, until the end of 2017.
The agreement was signed by Ali Majed Al Mansoori, chairman of ADAC and Phillipe Schaus, chairman and CEO of DFS, at the Trinity Forum hosted by ADAC in Yas Viceroy.
Ali Majed Al Mansoori, chairman of ADAC, said: “DFS has been a partner of ADAC since 2008 and throughout those five5 years, they have been driving the commercial offer at Abu Dhabi Duty Free, enabling it to register double digit growth in sales revenue year on upon year. Extending this partnership for another five5 years will allow both parties to exploreit further new opportunities as the Capital’s airport continue to record a substantial increase in passenger traffic annually.”
Phillipe Schaus, chairman and CEO DFS Group, added: “We are very pleased to continue our relationship with ADAC. It has been a privilege to be a part of the team, led by ADAC, which is constantly redefining the standards of excellence in Abu Dhabi Airport. We will continue to strengthen our product and service offerings and we look forward to further enhancing the world class travel retail experience in Abu Dhabi in the future.”
In 2012 Abu Dhabi Duty Free recorded USD$ 220 million in sales revenue. According to ADAC 2013 is also expected to be another record year , as new brands will be introduced to retail partners at Abu Dhabi International Airport.
