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 […]
Middle East
Industry legend Colm McLoughlin to retire after stellar career at Dubai Duty Free
After 55 years in the travel retail industry and 41 at the helm of Dubai Duty Free, Colm McLoughlin, Executive Vice Chairman & CEO and one of the influential gentlemen in the duty free industry, has announced that he is stepping down from his role at the end of this month on May 31. McLoughlin, […]
