Latin America’s travel retail industry was greeted with mixed news at year’s end as industry executives attempted to decipher the latest decrees from the Mercosur trading bloc, published just before the Southern Hemisphere summer recess on Dec. 16. The decree, which harmonizes the regulations on duty free shops on the borders of all the Mercosur […]
Brazil may finally see the opening of its first duty free border stores in December, following the election of Jair Bolsonaro who will succeed Michel Temer as president on January 1. ASUTIL Secretary General Jose Luis Donagaray, in a press briefing held last week, says he expects one or two small operators could open the […]
The first Summit of the Americas to take place in the new Hyatt Regency Orlando venue on March 24-27, 2019 is taking shape, reports Michael Payne, President & CEO of the International Association of Airport and Duty Free Stores, co-organizer of the annual event along with South American Duty Free Association ASUTIL. Payne tells TMI […]
Political, fiscal winds batter business in South Americas’ largest economies The duty free business in South America’s two largest nations—Argentina and Brazil –started flailing in the second quarter of 2018, buffeted by currency fluctuations caused by external and internal factors, comments Jose Luis Donagaray, Secretary General of South American Duty Free Association ASUTIL. “The business […]
ASUTIL and IAADFS have now released the full slate of speakers for the Executive Conference Sessions at the 2018 Duty Free & Travel Retail Summit of the Americas to be held March 18–21, 2018, in Orlando, Florida. Julían Díaz González, CEO, Dufry and Gustavo Antorcha, Chief Operating Officer, Carnival Cruise Lines will headline the Executive Conference Sessions, […]
Registration is now officially open for the 2018 Duty Free & Travel Retail Summit of the Americas. The joint event between ASUTIL and IAADFS will take place March 18–21, 2018, at the Orlando World Center Marriott, in Florida. Please note: The 2018 discount registration deadline is Friday, January 26, 2018, after which the registration fee […]
Asutil confirms additional speaker and registration numbers Registrations for the 21st annual ASUTIL Conference to be held in Rio de Janeiro from June 6 – 9 are proceeding at a good pace and are slightly ahead of the organization’s original budget, Jose Luis Donagaray, Secretary General of the Latin American Duty Free Shops Association tells Travel Markets Insider. […]
The South American Duty Free Association, Asociacion Sudamericana de Tiendas Libres (ASUTIL), and the International Association of Airport and Duty Free Stores (IAADFS) today announced a new collaborative partnership for their annual events. The two associations will fully integrate their events in March 2018, when they will introduce a Summit of the Americas. The new […]
Click here to download the TMI 2016 ASUTIL magazine special edition.
South American Duty Free Association ASUTIL has announced its new officers and Executive Board for the 2016-2017 period. Gustavo Fagundes, COO of Dufry Brasil and Bolivia, has been elected president for the two-year term. Grupo Wisa commercial director Marcelo Montico continues as vice president of ASUTIL; and Martín Laffitte of Zeinal Hnos. is secretary treasurer. […]
South American Duty Free Association ASUTIL and trade group Camara de Empresarios de Free Shops del Uruguay (CEFSU) have announced that the Third Border Meeting that was to be held in Puerto Iguazú, Argentina on November 16-17, has been postponed until some time in 2016. A joint announcement released under the signatures of ASUTIL Secretary […]
ASUTIL President and Neutral CEO Enrique Urioste took a few minutes during the 2015 ASUTIL Conference to discuss with TMI the complexity of the crisis in Brazil and how it is effecting the travel retail industry throughout Latin America. Brazil is in the midst of an economic crisis and a political crisis, he said. “First […]
The 2015 ASUTIL Conference, which took place in Panama City, Panama last week, kicked off with the traditional regional update from ASUTIL Secretary General José Luis Donagaray. Describing 2015 as a very challenging year for LatAm, Donagaray reported that retail sales in the first quarter of 2015 were down by -6% across its 15 member […]
Panama—whether seen as a crossroad, a hub or a bridge –has developed into a trade and finance, distribution and logistics center for the entire Western Hemisphere. It is also the home base of three of the most important travel retailers in the Americas. Offering political stability, a central location in the Americas and U.S. dollar-based […]
Click here to download the TMI 2014 ASUTIL magazine special edition.