Falabella

Based in Santiago, Falabella is widely regarded as one of Chile's flagship retail operators. Its scale — about 80k people, around $12B in turnover — translates into genuine strategic weight across Latin America.

The group's regional balance sheet allows it to invest counter-cyclically, an advantage few competitors can match in the current rate environment.

“Falabella is, in its category, exactly the kind of compounding regional champion the next decade of capital allocation will reward.”

The outlook remains constructive: order books, hiring patterns and capex guidance all point to a multi-year expansion phase.