January 21, 2017 4:32 AM ET

Specialty Retail

Company Overview of Duty Free Americas, Inc.

Company Overview

Duty Free Americas, Inc. operates a network of duty free travel retail stores. Its stores offer a range of edibles, fragrances, dress and casual watches, luxury gifts, jewelry, and travel-related merchandise, as well as liquors, wine and spirits, and tobacco products. The company serves vacationers and business travelers through its stores in the United States, South America, Central America, Latin America, the Caribbean, the Middle-East, and Asia. Duty Free Americas, Inc. was formerly known as World Duty Free Americas Inc. and changed its name to Duty Free Americas, Inc. as a result of acquisition of World Duty Free Americas Inc. by Falic Group, World Duty Free Americas Inc.'s name was chan...

6100 Hollywood Boulevard

7th Floor

Hollywood, FL 33024

United States

Founded in 1983





Key Executives for Duty Free Americas, Inc.

Chief Executive Officer
Age: 45
Chief Financial Officer
Chairman and Chief Operating Officer
General Counsel
Compensation as of Fiscal Year 2016.

Duty Free Americas, Inc. Key Developments

Lotte No Longer Eyeing Duty Free Americas

Lotte Co., Ltd. has dropped its plans to acquire Duty Free Americas, Inc. "The group has effectively given up on the potential acquisition of a U.S. duty-free operator worth KRW 1.7 trillion ($1.5 billion), now that the initial public offering of its hotel unit has been indefinitely delayed due to the ongoing investigations," said a Lotte official on condition of anonymity.

Moroccanoil Expands Distribution Network into Travel Retail through Partnerships with Gebr. Heinemann, Nuance, Duty Free Americas, James Richardson, Duty Free Iceland and Tairo International

Moroccanoil announced its global distribution expansion strategy into travel and duty free retail channels worldwide. The brand is aiming to continue the growth of the business with a travel presence that includes prestige duty free airport stores, as well as in-flight, cruise and ferry selling. Through partnerships with Gebr. Heinemann, Nuance, Duty Free Americas, James Richardson, Duty Free Iceland and Tairo International, Moroccanoil will introduce personal and business travelers alike to their hair, body and lifestyle product assortments.

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