Argentina sails into calmer seas
1-Sep-2004
From the depths of recession in 2002-3, Argentina's economy has made a remarkable comeback, and a boom in travel-and travel retail-is in full swing. John Gallagher assesses the mood and asks London Supply, one of the country's leading duty-free operators, for an insider's view of the recovery
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Although the Argentinian government has still to tackle a number of difficult economic problems, such as the reform of the banking system and debt restructuring and repayment, the first few
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(2-Sep-2003) - ARGENTINA. The country?s two leading duty-free operators, InterBaires and London Supply, are posting strong sales figures as they emerge from last year?s disastrous downturn in business.
(18-Jun-2003) - **DFNI EXCLUSIVE** A group of investors led by landlord Aeropuertos Argentina 2000 (AA2000) and operator London Supply has bought a majority stake in Argentina's leading airport retailer InterBaires, DFNI has learned.
(25-Apr-2007) -
(18-Jun-2003) - ARGENTINA. London Supply director Paco Heredia has confirmed to DFNI that the economic recovery in Argentina has produced better results for the duty-free operator than previously expected.
(1-Mar-2004) - LATIN AMERICA. Duty-free operators in the Mercosur trading area are now posting monthly double-digit sales rises as they emerge from the worst crisis to hit the region in many years.

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Argentina sails into calmer seas