Four decades of market leadership
A Panama-based group built on long-term relationships with the world's brands and the region's best retail real estate.
From distributor to regional retail group
Founded in Panama in 1981, Dalbez Group started by distributing brands from Korea and Taiwan. Over four decades it has grown into a diversified group spanning beauty and cosmetics, footwear, apparel, accessories and lifestyle, complemented by strategic investments in real estate and hospitality across Panama.
Headquartered in Panama City, our operations leverage the strategic advantage of the Colón Free Zone, one of the world's largest logistics and re-export hubs. From there we connect global brands with high-value retail networks, consumer bases and influential platforms throughout Latin America and the Caribbean.
A major driver of our regional expansion has been MUMUSO, with more than 20 stores across the region and a group total of over 50. Building on that momentum, leadership under Alberto and Edmundo Tawachi is advancing the business into new consumer segments, with a strong focus on the female market: today we represent more than 30 leading skincare and makeup brands.
Regional commercial reach
We connect global brands with high-value retail networks, consumer bases and influential platforms throughout Latin America.
Solid financial infrastructure
Operations backed by significant capital investment, private equity and standby credit lines (SBLC) for total financial security.
Resale and distribution capability
High capacity for inventory absorption, strategic resale and rapid market expansion across 15 countries.
Global footprint
Four core categories
Our core business spans footwear, apparel, beauty and cosmetics, and accessories, complemented by real estate and hospitality investments.

Beauty and cosmetics
Korean and international skincare, makeup and personal care brands distributed through owned stores, wholesale networks and digital channels.

Accessories
Design-led gift, lifestyle, home and fashion accessory brands that bring discovery-driven, high-turnover products to retail partners.

Footwear
Regional distribution and retail management of premier global footwear brands across sports, athletics, casual and formal categories.

Apparel
Curated apparel portfolios spanning performance activewear, outdoors, lifestyle, and contemporary menswear and womenswear.
1981 to today
Each chapter added a new capability: distribution, retail, manufacturing, franchising and, today, K-beauty and international fashion.
- 1981
First operations
Started operations in Panama distributing brands from Korea and Taiwan, laying the foundation for 40+ years of growth across 15 countries.
- 1985
Regional expansion
Scaled to represent 10+ international brands and build a regional Latin American network.
- 1987
Portfolio growth
Launched flagship retail concepts like Invaders alongside Patrol, Leopard and Kangarus, generating over $20M in annual sales.
- 1991
Footwear business
Scaled to 100+ stores with Energy, Shoe Action, Torbal, Papa Gallo and Galaxy, alongside Clubman, a top high-end store in the region.
- 1998
Distribution
Opened a distribution center in Valencia, Venezuela.
- 2000
Franchise business
Opening of the Wendy's franchise, one of the world's most recognized restaurant chains.
- 2005
Manufacturing
Opening of a shoe factory in Quito, Ecuador (2005 to 2010).
- 2018
MUMUSO arrives in Latin America
Opening of MUMUSO stores in Latin America, reaching 20+ stores in the region.
- 2023
K-Beauty expansion
Launched So Young, now with 5 active stores and further retail expansion underway.
- 2024
Fashion and lifestyle
Elevated the fashion portfolio with the official launch of MC2 Saint Barth, followed by Dan John Roma in 2025.
Family-led, professionally run
Alberto Tawachi
Leads group strategy, investments and the expansion of the retail and distribution platform across the region.
Edmundo Tawachi
Heads wholesale and marketing, driving brand partnerships and the group's move into new consumer segments.
Yodalis Quintana
Oversees logistics and operations, ensuring every store and partner is supplied with precision.
Looking for a partner in Latin America?
Brands seeking regional distribution, retailers seeking proven concepts, shopping centers seeking strong tenants: let's talk.