John Gallagher reports from Buenos Aires. As we head into the last quarter of 2017, travel retail suppliers and operators in Latin America are asking if the tentative economic recovery of the first half year is here to stay. Brazil The fall in raw material prices in early 2014 and Brazil’s massive Lavajato corruption scandal brought about […]
Brazil
Brazil’s airport privatization marches on: Fraport signs concession agreements for Fortaleza and Porto Alegre
Fraport AG has signed the concession agreements with the Brazilian government for managing and developing Fortaleza (FOR) and Porto Alegre (POA) airports. Following its double airport win at the government’s public auction on March 16, 2017, Fraport AG has been planning and creating the foundation for the new Fraport Brasil airport companies, which are expected to […]
DFA pushes Brazil expansion with new duty free stores in Salvador airport
DFA’s rapid expansion into Brazil continues with the recent opening of two duty free stores at Deputado Luís Eduardo Magal-hães International Airport in Salvador. The stores cover 7,700 square feet, and occupy prime areas of the terminal. The multi-category store design enhances DFA’s core portfolio of traditional travel retail products, which includes perfumes and cosmetics, wine and […]
Desigual and Dufry open two locations in RIOgaleão–Tom Jobim International Airport
Barcelona-based fashion brand Desigual has opened two new locations with Dufry Group at RIOgaleão– Tom Jobim International Airport Terminal 2 (International departures). This is the second airport in Brazil for the Desigual-Dufry partnership, expanding a two-year presence in both standalone store and multi-brand shop-in-shop formats at Sao Paolo Guarulhos Airport. In Rio, a permanent 23 […]
Dufry introduces new retail concept with Dior at GRU Airport
Dufry, in partnership with Dior, has opened the first ever pop up store of the brand, located in the departure area of Terminal 3 São Paulo/Guarulhos Airport (GRU) in Brazil. The Dior Pop Up boutique is situated in a key location of passenger traffic and offers an exciting shopping environment, reflecting the brand’s unique heritage […]
How successful has airport privatization been for Brazil?
The third tranche of the Brazil’s airport privatization program was completed in March this year and 10 of the most important airports in the country are now managed by private companies. With this latest round of privatizations, 59% of total passenger traffic in Brazil is now being handled by private companies. In a special analysis for […]
DFA aggressively expands in Latin America
Powerhouse travel retailer Duty Free Americas is aggressively expanding its reach throughout the hemisphere, opening new operations in Latin America and the Caribbean and renovating key locations in its stronghold North America market. The expansion comes just as the company is beginning to see a recovery in much of its business, DFA CEO Jerome Falic […]
Brazil: will new Temer scandal derail fledging recovery?
On the morning of May 17, just as Brazil was set to celebrate the news that it might finally be climbing out of its worst recession in its history, the country got slammed with a bombshell allegation that President Michel Temer was involved with a coverup and had condoned bribery payments made to a former […]
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
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 […]
Flight bookings booming for the Rio Olympics, but analysis points to post-Olympic slump
With less than a month to go before the Olympic Games open, flight bookings to Rio are booming, according to ForwardKeys, which monitors future travel patterns by analyzing 14 million reservation transactions each day. The peak arrival date for Olympic fans is August 4, the day before the opening ceremony, but a significant number of visitors […]
Dufry extends its retail concessions at Brazil’s São Paulo and Rio de Janeiro airports, and greatly expands retail space
Dufry Group today has reconfirmed its commitment to Brazil and its confidence in the potential growth ahead for the country, announcing major concession contract extensions with expanded new space in the key airports of Sao Paulo and Rio de Janeiro. The new space encompasses both duty free and duty-paid retail, including the opening of […]
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 […]
How Uruguay’s Melancia Mall aims to change shopping on the Brazilian border
A TRAVEL MARKETS INSIDER SPECIAL REPORT By John Gallagher On Thursday, November 5 of this year, the US$70 million Melancia Mall, the largest shopping complex in Northern Uruguay, opened its doors on the outskirts of the border town of Rivera. Originally scheduled to open in the first quarter of 2014, poor weather –including heavy […]
L’Oréal TRAM and Dufry engage Americas’ passengers with Polo Red Panamerican racing challenge
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 […]
