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Falic warns against unrealistic biddingFalic warns against unrealistic bidding
1-May-2006
AMERICAS. Duty Free Americas (DFA) co-owner Leon Falic has warned that the duty-free industry is returning to "the wild times" characterised by irresponsible bidding for airport contracts
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He told DFNI that overbidding, along with currency rates and potential shocks such as an outbreak of bird flu, were the most serious threats to the airport retail business.
"At
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(18-Dec-2001) - INTERNATIONAL. The Falic family, new owners of Duty Free Americas (formerly World Duty Free Americas), may be about to pull off another headline-grabbing acquisition.
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(16-Oct-2001) - A Miami-based Falic Group subsidiary, Duty Free Acquisition Corp, stunned the industry by acquiring WDFA (formerly Duty Free International) for $121m (£84m) in a deal announced exclusively by DFNI on October 11.
(10-Apr-2003) - **DFNI EXCLUSIVE** Duty Free Americas (DFA) CEO Jerome Falic has confirmed to DFNI that the operator plans to bid in the forthcoming liquor, tobacco and fragrances tender at Tel Aviv Ben Gurion airport