Q&A: Colm McLoughlin – Dubai Duty Free chief

  Business at Dubai Duty Free (DDF) improved again in the first half of 2012 as the aviation world’s single-location uber-retailer reported 11 percent growth in sales from a year earlier. With the same man — Colm McLoughlin, executive vice chairman of DDF — at the helm in since the first day of operations and a corporate narrative approaching legend status, Executive wanted to find out what the venture is up to now. Guess what? More expansions.    Dubai Duty Free has an impressive track record of growth since its inception in 1983. What results do you expect to achieve this year? In our first full year of business, our sales reached $20 million, which was good. Last year on our anniversary day in December, the daily sales reached $24 million, which is a good indication of how far we have come as an operation. We expect our sales for