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Dufry has announced that it has signed agreements to extend its duty free and duty-paid concession contracts at Brazil’s Sao Paulo Guarulhos and Rio de Janeiro’s Tom Jobim International Airport, reconfirming its commitment to Brazil and consolidating its presence in the country’s travel retail arena.
The new agreements at both airports also give Dufry significantly more retail space, which Dufry says will allow it to improve both its offer to customers and its profitability. See the full story on pages 1 & 2.
In more developments from the Southern cone, Argentina’s Central Bank is reporting that the economy grew by a surprising 0.8% during the first quarter, and that employment has remained stable since new President Mauricio Macri took office. Read more on page 3.