BUSINESSAug 11 · 08:04 UTCBLOOMBERG

Retail Footfall Fell on Lower Tourism, Says Spinneys CEO

Spinneys reported a 2Q profit of AED90.6 million, but revenue dipped slightly due to regional geopolitical tensions. The retailer stated that these tensions disrupted supply chains and cut store footfall. CEO Sunil Kumar discussed the situation with Abeer Abu Omar of Bloomberg.

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Mentioned

SpinneysorganizationDubaiplaceSunil KumarpersonBloombergorganizationAbeer Abu OmarpersonRetail Footfalltopicgeopolitical tensionstopic

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