Brazil

SSP opens its first food and beverage units in Brazil

SSP Group, in a partnership with Duty Free Americas, has opened its first outlets at Brazil’s two main international airports, Rio de Janeiro Tom Jobim International Airport (RIOgaleão) and São Paulo International Airport (GRU Airport). The new units are the first to open under a joint venture partnership between SSP and DFA, following the win of […]

Duty free allowances to increase in Brazil

Brazilian President Jair Bolsonaro’s Twitter announcement that the Brazilian government will confirm new duty free allowances within the next few days came as no surprise to Latin American duty free industry observers. The current allowances have been in place since 1991 and over the last few months there have been several calls to bring them […]

Brazil authorizes two more border stores

An additional two duty free stores have been authorized to open by the Receita Federal, the Brazilian Customs Authorities. Emporio Duty Free, owned by JR Correa & Cia and situated in Barra do Quarai (Sister town of Bella Union in Uruguay) and New York Comercio Importacao-Exportacao located in Uruguaiana are the two new members of […]

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 […]

First Brazil border shops could open before year end

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 […]

GUCCI BLOOM blossoms with Coty in Brazil

The vision for GUCCI BLOOM in travel retail was to create a ‘pop-up’ store that strongly communicated GUCCI BLOOM’s key attributes of vitality, creativity, quirkiness and uniqueness. Coty is working with Dufry in Brazil to host this stunning animation in August and September. The ‘pop-up’ created by Coty captured the attention of passengers and transformed […]

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