InterBaires sees hope amid gloom

15-Jun-2002

ARGENTINA. Despite the desperate economic situation facing the country, and the continuing devaluation of the Argentinian peso, duty-free operator InterBaires believes its business can improve in the second half of the year.

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?ARGENTINA. Despite the desperate economic situation facing the country, and the continuing devaluation of the Argentinian peso, duty-free operator InterBaires believes its business can improve in the second half of........
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(15-Jan-2002) - ARGENTINA. The devaluation of the peso last month is taking its toll on overseas travel and duty-free spend among Argentinians, hitting operator InterBaires hard. But ceo Randy Emch told DFNI there could be opportunities for duty-free if imported luxury goods become scarce and more expensive on the domestic market.
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