South America

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 […]

InterBaires/Dufry win Rosario tender

Buenos Aires-based InterBaires, a fully owned subsidiary of Dufry, has won the tender to redesign, operate and manage the duty free stores at Rosario International Airport in Argentina. Rosario Airport, situated just over 300 km north of Buenos Aires, is one of the few airports in Argentina that is not operated by Aeropuertos Argentina 2000 […]

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 […]

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 […]

Mosquito viruses threaten travel in the Americas

As if plunging economies and unfavorable currency exchange weren’t enough to worry the Americas travel industry, a growing portion of the region is now under threat from two mosquito borne diseases, the Zika virus in the Caribbean and Latin America, and dengue fever in Hawaii. The current outbreak of the Zika virus, which is transmitted […]

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 […]

Grupo Wisa brings La Riviera allure to Melancia Mall

Panama’s Grupo Wisa – a leading retailer in Central America and Colombia — has been operating in the Mercosur region since November 2012; where Uruguay has been the focus of its expansion, primarily on the Uruguay–Brazil border where it operates stores in Rivera, Rio Branco and Acegua. The opening of the Melancia Mall is a […]

Argentina’s new president ends restrictions on buying/selling dollars and reverses other currency controls

John Gallagher reports. Since Mauricio Macri, the Centrist-leaning Mayor of the city of Buenos Aires, won Argentina’s second-round runoff election on November 22nd to become the country’s next president, Argentines have been expecting major changes in fiscal and business regulations, including steps to improve relations with foreign creditors and the U.S. Macri narrowly won with […]

ASUTIL names Fagundes new president

South American Duty Free Association ASUTIL has announced its new officers and Executive Board for the 2016-2017 period. Gustavo Fagundes, COO of Dufry Brasil and Bolivia, has been elected president for the two-year term. Grupo Wisa commercial director Marcelo Montico continues as vice president of ASUTIL; and Martín Laffitte of Zeinal Hnos. is secretary treasurer. […]

Uruguay’s Melancia Mall opens

Despite the challenging economic situation facing retailers who depend on Brazilian business at this time, the massive 33,000sqm Melancia Mall opened for business in Uruguay on Thursday, Nov. 5. The complex, located in the border town of Rivera in Northern Uruguay, is adjacent to the state of Rio Grande do Sul in Brazil. It is […]

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