Dubai’s fragrance, fashion trade hits $56bn
Dubai, April 17, 2014
The value of fragrance, beauty and fashion related trade in Dubai reached Dh206 billion ($56 billion) in 2013, a report said.
Comparing with the 2012 trade value of Dh191 billion, trade increased eight per cent last year, added the report in Gulf News, quoting a study released by the Dubai Department of Economic Development (DED).
The fashion sector tops the list at a total trade value of Dh193 billion in 2013 followed by beauty at Dh7.3 billion while fragrance comes at the third place at a value of Dh5.6 billion, the report said.