Brazil

Dufry executives meet with Brazilian president

High level executives from leading travel retail group Dufry recently met with Brazilian President Michel Temer, according to a report on President Temer’s BrazilGovNews website. A comment from Rio de Janeiro-based TR Retail & Operations Consultant Marcos Reis noted that topics under discussion may have ranged from duty free border shops and duty free allowances […]

Duty Free Americas – now second largest TR retailer in Brazil – opens store in São Paulo-Congonhas Airport

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Duty Free Americas (DFA), which says it is now the second largest travel retailer in Brazil, announced today the opening of a 9,500 square foot travel retail store at São Paulo-Congonhas Airport. DFA will operate the store under a 10-year concession with Infraero, the Brazilian government corporation responsible for managing Brazil’s major airports. São Paulo-Congonhas is a […]

Brazil faces worst recession since 1901

Bloomberg News has reported that Brazil won’t return to growth until at least 2018 after two years of recession and one of stagnation, according to the International Monetary Fund. This would mark the first time in over a century that Latin America’s largest economy fails to expand for that long. On Tuesday, the IMF cut […]

L’Oréal TRAM and Dufry engage Americas’ passengers with Polo Red Panamerican racing challenge

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  L’Oréal’s Travel Retail subsidiary in the Americas (TRAM), in partnership with Dufry Group, embarked on a month-long, ground-breaking animation for its best- selling Polo Red franchise in September. The Ralph Lauren experience animation was TRAM’s first digital pan-American competition using Facebook targeted to airport passengers. Since its launch in 2013, Polo Red has been […]

Downturn in Latin America impacts entire region

Enjoying nearly 10 years of uninterrupted economic growth, the duty free business in Latin America reaped the benefits of growing economies throughout the region. Indications of a slowdown surfaced more than a year ago. Raw material prices, a principal element in Latin American exports, have been falling since early in 2014, leading to currency instability […]

Dufry opens five Hudson concept stores at RIOGaleão

Dufry has opened the first five stores of its Hudson convenience store concept at RIOGaleão (Tom Jobim International Airport). Three of the Hudson stores are in Terminal 1 and two others are in Terminal 2. The Hudson duty-paid convenience stores offer a broad selection of travel-related essentials including confectionery, personal care items, souvenirs, electronics and […]

Jose Carlos Rosa takes top job at Lojas Francas

Jose Carlos Rosa has been appointed Chief Executive Officer of Lojas Francas de Portugal (LFP), the joint venture company owned by TAP Air Portugal and Dufry. Rosa took over the top job at LFP at the beginning of February, from Nuno Amaral, who stepped down last year. The capital of LFP is shared by TAP […]

Norwegian Cruise Line Holdings targets Brazil for growth

Norwegian Cruise Line Holdings Ltd. announced this week that it was establishing a local sales, marketing and reservations center in Sao Paulo, Brazil “to support the growing demand for cruise travel in the region.” NCLH acquired Firstar Representacoes, the local representative for Norwegian Cruise Line and Oceania Cruises in Brazil. The company will have its […]

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