Duty Free
Retail Partners.

We build and operate duty free action sports and athleisure retail stores.

Scroll
Why · How · What

A simple idea, run with discipline.

Everything RA Group does starts from one belief and works outward — from why we exist, how we operate, and what we run today.

WhyThe belief

Brands grow fastest where the world already moves. We exist to place great brands in front of millions of travelers — and turn passing traffic into lasting presence.

HowThe model

We combine deep retail experience with a strong commercial network to run every store efficiently and profitably.

WhatThe operation

We operate mono-brand and multi-brand travel retail stores at the Tocumen International Airport in Panama City, Panama.

The opportunity

Travel retail is one of retail's fastest-growing frontiers.

A captive, high-intent audience with time to spend — and a channel growing faster than the wider economy.

$82B
Global travel-retail market in 2025
~10%
Annual growth rate through the early 2030s
60%
Of the channel flows through airport stores
#1
Fashion & accessories — the fastest-growing category (~13% CAGR)
Airport retail60%
Cruise & onboard22%
Border & downtown18%

Roughly 70% of luxury purchases at airports are impulse-driven — decided in the terminal, not before the trip. That makes placement, operation and brand presence the difference between a passer-by and a buyer.

Why Panama

The Hub of the Americas.

World's Most Punctual Medium Airport — 2025

Tocumen International Airport connects North and South America through a single terminal. It is Central America's busiest airport and the hub of Copa Airlines — one continuous stream of travelers with time between flights.

20.98M
Passengers through Tocumen in 2025
97
International destinations served
17
Passenger airlines operating today
166K+
Aircraft movements in 2025
Gate to gate

A captive audience, every hour of the day.

01 · Annual
20.98M

Passengers move through the terminal each year

02 · Daily
54K+

Travelers pass through Terminals 1 & 2 every day

03 · Connecting
74%

Are transfer passengers with real dwell time between gates

04 · The moment
Retail

Time, intent and access — the window we operate in

Because most travelers connect through Tocumen International Airport rather than simply arrive, they spend genuine time airside and between gates, with time and intent to shop. That dwell is the opportunity a brand can't reach any other way.

Bogotá698K
Miami683K
Medellín528K
Our structure

Seven stores, two formats.

Proof we can carry a brand on its own, or blend it into a curated assortment — running both models side by side, in the same terminal.

The brands we operate today
Mono-brand

Single-brand flagships

Our only two mono-brand concepts — one brand, one dedicated store.
3New EraHeadwear & lifestyleMono
1ColumbiaOutdoor & performanceMono
4 stores · 2 brands run solo
Multi-brand

Curated concepts

Several brands under one roof — assortment, merchandising and mix managed by us.
2AthleticoMulti-brand sport & athleisureMulti
1SWLLMulti-brand outdoors & lifestyleMulti
3 stores · multiple brands blended

Whether a brand wants its own flagship or a place inside a strong multi-brand floor, RA Group already operates the model — and knows how to make it perform. If we can run these, we can run yours.

Our stores

Step inside our stores.

A look at the retail spaces we design and operate at Tocumen International Airport. Tap any image to view it larger.

We know how to run brands efficiently.
Bring yours.

ConfianzaTrust
AdaptabilidadAdaptability
ExcelenciaExcellence