Brazil

Lancôme TR Americas and Dufry open Lancôme’s biggest flagship in South America

Lancôme Travel Retail Americas and Dufry have partnered to open Lancôme’s biggest flagship in South America. The 43sqm store opened at the international departures area of Terminal 3 of São Paulo International Airport (GRU Airport) on January 31, 2021. Lancôme’s new flagship features numerous eye-catching screens and embraces the values of the brand – joy, […]

Inaugural ASUTIL Border Conference examines new Brazilian opportunities

The first Latin American Border conference welcomed 170 registered delegates at the Sheraton Porto Alegre last week, who gathered to discover details of how the new land border duty free stores in Brazil will operate. The conference was jointly organized by South American duty free association ASUTIL and CEFSU, the Chamber of Uruguayan Free Shop […]

Latin America’s big economies falter: Brazil, Mexico and Argentina all contracting in first quarter

The International Monetary Fund cut its outlook for global growth to the lowest rate since the financial crisis in its latest outlook issued in April. The world economy will grow 3.3 % this year, down from the 3.5 % the IMF had forecast for 2019 in January, according to the latest World Economic Outlook. World trade, which had been growing at about 5%, expanded by 3.8% last year and is forecast to rise 3.4% in 2019. Latin America is particularly hard hit, […]

The State of São Paulo, Brazil, evaluating PPP opportunities for 20 regional airports through IOS Partners

International economic development consulting and financial advisory firm IOS Partners has been awarded a major multi-airport master planning consultancy to evaluate the opportunities for private-public partnerships for regional airports in the State of São Paulo, Brazil. Under the agreement, IOS Partners will focus on rationalizing State participation in the regional airports, and identify and compare […]