Falic Group Acquires Luxury Travel Retail Concessions at Zayed IntL Airport, Abu Dhabi
– Abu Dhabi, UAE: AugUST 19, 2026
Falic Group has announced that it has entered into an agreement to acquire 100% of DFS's luxury travel retail business at Zayed International Airport in Abu Dhabi. The transaction is expected to close in the third quarter, subject to customary closing conditions.
Operating under the Duty Free Americas brand, the Falic Group's travel retail business is the largest in the Americas and is a leading operator worldwide.
The agreement will provide Duty Free Americas with an immediate, scaled presence in one of the Middle East's fastest-growing travel retail markets, accelerating its luxury retail and regional growth strategy, establishing a strong platform for future expansion in the Middle East and Africa.
“The acquisition of the luxury travel retail concessions at Abu Dhabi Airport marks a key milestone in our Middle East growth strategy and further expands our airport footprint and luxury retail presence,” commented Leon Falic, President of Falic Group.
“We are delighted to partner with one of the most prestigious airports globally and we warmly welcome the airport, brands, and customer partners to our DFA family as we begin this new chapter together. Duty Free Americas and Abu Dhabi Airport share an ambitious vision to further develop and elevate the luxury travel retail offering together. Plans include the incorporation of new flagship brands and expanded footprints for existing top-performers, as well as innovative open-air retail areas which will promote a more flexible passenger experience and drive conversion."
The luxury travel retail concessions being transferred to Duty Free Americas include some of the most coveted brands in luxury and contemporary fashion, watches and jewellery, and sunglasses.
NOTES TO EDITORS:
Falic Group
Falic Group is a leading international, family-owned luxury brand builder, with an established footprint across different business groups (Beauty, Fashion, Wines and Spirits, Media and Real Estate), spanning key regions (Americas and EMEA focus) and channels (Travel Retail, Domestic and e-Commerce).
