Recovery beckons for Argentina’s leading duty-free operators

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.

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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.

A slump in travel

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(28-Jun-2003) - ARGENTINA. A group of investors led by landlord Aeropuertos Argentina 2000 (AA2000) has bought a majority stake in Argentina?s leading airport retailer InterBaires, according to local reports.
(4-Apr-2003) - By John GallagherARGENTINA. London Supply has taken a minority stake in InterBaires, Argentina?s leading airport operator.
(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.
(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.
(3-Dec-2002) - ARGENTINA. As DFNI went to press, talks were continuing over the future of InterBaires? contracts at Argentina?s leading airports following the company?s takeover by Deutsche Bank Trust Americas Corp on November 15.