Looking for a “Smart” way to get products into the new Brazilian border stores? Well-known Montevideo-based duty free executive Marcelo Montico has established Smart Duty Free, a new distributor targeting companies looking to enter the Brazilian border stores as well as other regional travel retail operators in Latin America. Smart will target the new border […]
Latin America
Ezeiza’s “friendly” new terminal to open at the end of September
Aeropuertos Argentinos 2000 (AA2000) will inaugurate its new unified passenger departures terminal at Buenos Aires Ezeiza Airport just as the 2019 Cannes event gets underway. The 45,000 sqm terminal at the country’s main international gateway will change the face of commercial aviation in Argentina, and paves the way for Ezeiza to become the most technologically […]
Dufry signs new contract and expands in Brazil’s Florianópolis International Airport
Dufry has signed a new contract to expand its presence at the Florianópolis International Airport, in Brazil, which is managed by Flughafen Zürich AG. The new contract includes two duty free and one duty-paid shop totaling 650 sq meters of additional sales space in the new airport terminal, which will be opened in October 2019. […]
Iguazu airport begins first intercontinental flights
Argentine President Mauricio Macri on Friday, August 23, “christened” the first intercontinental flight from Puerto Iguazu International Airport, as Air Europa officially inaugurated flights from Iguazu to Madrid, Spain. This is a milestone event for the airport, which in 2018 surpassed a million passengers in one year for the first time. The airport is operated […]
ShopGallery rolls out Gate7/24 Travel Market concept to Iguazu airport
Argentine duty-paid travel retailer ShopGallery this week opened a new Gate 7/24 Travel Market convenience store in Iguazu International Airport in the north of Argentina. The 70sqm store is located adjacent to the check-in area at the growing airport which is currently in the midst of a major renovation project. This is ShopGallery’s third Gate […]
Dufry officially opens first border duty free shop in Brazil
Dufry officially opened its first Brazil duty free border shop on August 22. The store is located in Uruguaiana, one of the most important cities in the South of Brazil, at the border to Argentina. With a retail space of 850 sqm, the shop offers an assortment of prestige international brands similar to those seen […]
Argentina’s economy lifting out of recession? Activity rises in May for the first time in a year
Argentina’s economic activity rose for the first time in over a year in May, reported Mercopress this week. The 2.6% rise versus the same month a year ago topped even the most optimistic estimates from analysts, and broke a run of 12 consecutive months of falling economic activity, said the media site last Friday. The […]
Bacardi creates “Hacienda Patrón” with signature Tasting Bar at Cancun airport
“Largest brand activation undertaken since Patrón Tequila joined the Bacardi portfolio in 2018” Bacardi Global Travel Retail has launched a Patrón Tequila tasting bar at Cancun International Airport designed to create a “home away from home” experience reminiscent of Hacienda Patrón in Jalisco, Mexico. The signature bar is the center-piece of a 5-year collaboration between […]
Top Brands International buys Neutral Duty Free
Panamanian company Top Brands International has just announced that it has acquired Neutral Duty Free, the largest duty free chain in Uruguay, employing more than 500 staff across its nine locations. No financial details were released. With this acquisition, Top Brands surges to become one of the largest duty free operators in the region, with […]
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, […]
SSP DFA Brazil to open restaurants at Salvador Bahia Airport
A new partnership between SSP and Duty Free Americas (DFA) called SSP DFA Restaurantes Brasil Ltda will be opening seven high-quality restaurants and food and beverage outlets at Salvador Bahia Airport in Brazil. Under the new joint venture, a number of international and local brands will open at the airport. The new deal is […]
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 […]
ForwardKeys: Argentina’s economic woes entice tourists
International travelers are flocking to Argentina, taking advantage of the poorly performing peso to boost the value of their holiday spending money, reports travel booking analyst company ForwardKeys. Bookings for March to May are ahead 11.2% compared to last year, says the research firm. For South America as a whole, bookings are ahead 5.8%. In […]
South American duty free sales struggle as regional recovery stalls
The duty free business in the Mercosur countries has continued to struggle in the first four months of this year, with expected improvements in Argentina and Brazil stalled, likely until the end of the year. ASUTIL Secretary General José Luis Donagaray told media in a webinar this week that the industry does not expect to […]
