Retail Outlets of GMG receives double digit sales growth over DSS 2019

Gulf Marketing Group (GMG), one of the Middle East's leading holding companies, has uncovered this current years Dubai Summer Surprises (DSS) celebration has been the most successful yet for its UAE retail outlets, recording double-digit sales growth over the same period in 2018.

The companys retail outlets which include brands such as Nike, Sun & Sand Sports, and Supercare Pharmacy, among many others have collectively seen sales for the DSS period surpass their previous record set in 2014, citing strong support from Dubais retail ecosystem and particularly the Dubai Festivals and Retail Establishment (DFRE).
The months-long celebration of entertainment and shopping plans to make the most of Dubai's bright summers with live shows, fireworks and discounts throughout the city, running this year from June 12 August 3.

Dubai has long been known for its remarkable retail offerings. Initiatives like Dubai Summer Surprises (DSS) contribute positively to that reputation, attracting the interest of both local residents and international visitors, says Mohammad A. Baker, Deputy Chairman and CEO of GMG. The extensive joint effort between DFRE and the private sector, complemented by the injection of new ideas and creative elements into DSS this year, were significant factors in our outcomes. With the start of Expo 2020 also on the horizon, we believe Dubais retail market is set for a proceeded uplift as one of the worlds most attractive tourist destinations.

Today the UAEs retail sector contributes significantly to the diversification of the nations economy. A recent report published by Alpen Capital further proposed that the UAEs retail sector will experience continued growth in the coming years, more than other GCC countries, with a compound annual growth rate of 5.1% projected from 2018-2023.