Boom continues in South America

2-Apr-2008

Multinational and regional duty-free operators in South America are continuing to grow their businesses with high double-digit sales increases. DFNI talks to some of the leading operators about their recent performance and prospects for the future

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Healthy national economies and continuing growth in GDP have almost become the norm in South America following the slow recovery from the economic crisis of 2001/02. Chile, Brazil and

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(1-Sep-2004) - SOUTH AMERICA. Regional operators are in buoyant mood as the trade prepares for the annual ASUTIL conference, with many reporting double-digit growth in the first half of the year.
(31-Mar-2004) - A strong economic recovery in Latin America, led by renewed growth in Argentina and Brazil, has led to a boom in duty-free sales on the continent
(1-Dec-2006) - Dufry Group South America will launch its Initial Public Offering (IPO) on December 5 with market capitalisation estimated at between $680m and $810m
(10-Apr-2002) - Vice-president Latin America Sergio Rotati told DFNI. ?After South America, Europe will be our next target. You?ve heard of globalisation? Now prepare yourself for clovalisation.?