Falic Group accelerates global expansion
LONDON – Falic Group, leader in travel retail, luxury goods, distribution and owner of Duty Free Americas, announce a significant acceleration in its global expansion efforts as it embarks on a bold new growth phase.
The company’s strategic plan includes entering new travel retail channels – rail, cruise, and diplomatic sectors – while extending its reach into high-growth markets across the Middle East, Africa, Europe, and the Americas. This expansion will be supported by the establishment of new distribution hubs and the formation of strategic partnerships with leading industry players in travel retail.
As part of the global expansion, Falic Group launch UETA MEA, a new business aimed at strengthening distribution across the Middle East and Africa. UETA MEA is set to enhance the Falic Group’s global presence and establish itself as the only truly global supplier to diplomats worldwide.
UETA MEA will also provide 24/7 support to diplomats, offering an extensive range of premium products, including wines, spirits, fragrances, cosmetics, and household items, along with fulfilling various diplomatic requests. The company’s global distribution network will ensure timely and efficient delivery tailored to the unique needs of diplomats.
Falic Group is on the verge of announcing three major strategic partnerships with leading travel industry players that will significantly enhance its global expansion. These partnerships will focus on advancing operations in the cruise sector, improving border-related functions, introducing new market alliances, and establishing a new distribution platform in Europe to support new business opportunities.
Leon Falic, Falic Group President states, “As a long-standing family business, we are dedicated to forging enduring partnerships with those who share our vision. Our global expansion efforts are focused on pursuing the right channels, markets, and partners. By aligning ourselves with industry leaders and bringing on top talent, we are setting the stage for long-term success. While we are excited to share more details, we are not ready to reveal everything just yet. Stay tuned for exciting updates as our expansion continues to evolve.”
The article Falic Group accelerates global expansion first appeared in TravelDailyNews International.