Falic Group

Falic Group is a privately held, family-controlled American holding company built around travel retail, real estate and diversified investments. It is most widely known as the parent of Duty Free Americas, one of the largest duty-free and travel-retail operators in the Americas, with stores in airports, land border crossings and other travel locations across the United States, Latin America and the Caribbean. The group traces its roots to the Falic family's trading and wholesale activities and was formalized as a diversified holding company in the 1980s. Over the following decades the family expanded from wholesale distribution into airport concessions, luxury retail, real estate and brand ownership. Duty Free Americas became the group's flagship business, operating stores under its own banner as well as licensed luxury and beauty brands in major international gateways. Beyond travel retail, Falic Group has held interests in consumer brands, real estate development and media. The family is also known for philanthropic activity in South Florida and for its involvement in the Miami and Latin American business communities. The group remains privately held and does not disclose detailed financial results, and its leadership is drawn from the founding family. As a brand, Falic Group is a low-profile corporate parent rather than a consumer-facing name; its public identity is carried mainly by Duty Free Americas and by the family's investment reputation. Its positioning rests on long-tenured airport concession relationships, multi-brand luxury retail expertise and cross-border operating experience between the United States and Latin America.

Falic Group grew out of the Falic family's wholesale and trading business, which the Falic brothers — Jerome, Leon and Simon — developed in the United States and Latin America. In the 1980s the family consolidated its various commercial interests into a formal holding structure, Falic Group, and began to shift from distribution toward higher-margin retail and real estate. The decisive move came with travel retail. The family built what became Duty Free Americas, acquiring and developing duty-free concessions at airports and land border crossings across the United States, the Caribbean and Latin America. Over time the business grew into one of the largest duty-free operators in the Western Hemisphere, with stores in major gateways and a portfolio spanning liquor, tobacco, cosmetics, fragrances, luxury accessories and local specialties. In the 2000s the group diversified further. It invested in consumer brands and licensing, real estate in South Florida, and other ventures, while Duty Free Americas continued to expand its concession footprint and refurbish stores into more premium, brand-led formats. The group also became known for its philanthropic giving and for the family's visibility in Miami's business and civic life. Falic Group has remained privately held throughout, with no public listing and limited disclosure of financial results. Its strategy has emphasized long-term concession relationships, multi-brand luxury retail and cross-border operations between the United States and Latin America. The Duty Free Americas banner remains the group's best-known commercial identity, while Falic Group itself operates as a quiet corporate parent.

• 2000

  Group diversifies into consumer brand investments, licensing and South Florida real estate.

• 1990

  Duty Free Americas expands its airport and land border duty-free concession footprint.

• 1986

  Falic family consolidates its trading and retail interests into Falic Group as a formal holding company.

A private, family-run diversified holding company whose public face is premium travel retail in the Americas.

• Duty Free Americas travel-retail stores

• Airport duty-free concessions

• Luxury and beauty multi-brand retail

• 2026.08.19

  Reported2026.08.19

  Falic Group to acquire DFS luxury travel retail concessions at Zayed International Airport[1]Falic集团将收购DFS在扎耶德国际机场的奢侈品旅游零售特许经营权trbusiness.com

  Falic Group, which operates under the Duty Free Americas brand, has entered into an agreement to acquire 100% of DFS's luxury travel retail business at Zayed International Airport in Abu Dhabi, comprising around 30 stores, with the transaction expected to close in the third quarter subject to customary closing conditions.

Read more

1. 1Falic集团将收购DFS在扎耶德国际机场的奢侈品旅游零售特许经营权trbusiness.com