Global Fashion Brands Targeting South America, Still Avoiding Argentina

Patrick Archer arts & entertainment, competitiveness, foreign investment, franchises, lifestyle, real estate, us companies

Four years removed from the mass exodus of Polo Ralph Lauren, Louis Vuitton and Escada from the streets of Recoleta, global fashion brands are once again targeting major South American metros with the notable exception of BA. “Foreign Clothing Brands Keep Avoiding Argentina” is the headline of Alfredo Sainz’s excellent piece in La Nacion charting the retail resurgence in neighboring countries and the extended fashion freeze in …

New Palermo Shopping Center Remains In Retail Holding Pattern

Patrick Archer arts & entertainment, ba government, buenos aires events, lifestyle, real estate

The grand opening of the Distrito Arcos Shopping Center never happened as originally planned in December, and the fate of Buenos Aires’ first open air retail development remains uncertain, according to Clarin’s ARQ. Retail stores like Prune, Street, Tucci and Vitamina are all stocked and ready to open in the new US$60 million retail complex, but a government agency is …

Arcos del Gourmet Will Bring Open Air Shopping to Palermo

Patrick Archer ba government, buenos aires events, lifestyle, real estate, tourism

A marathon session of negotiations between city and federal officials in Buenos Aires resulted in eleven major residential, commercial and mixed-use projects receiving legislative approval to commence auction, destruction, construction or in one bizarre case permission to continue construction…legally. The strange case is a massive new shopping/dining complex being built on a highly coveted, yet long abandoned, strip of real estate separating Palermo …

Sales Fall, Vacancies Rise in Buenos Aires Shopping Centers

Patrick Archer aruba, competitiveness, lifestyle, tourism

“The Brazilians are buying everything in Buenos Aires.”  That was a common retail refrain in the local media two years ago. And to a certain extent, it was true. While many Brazilians are often reluctant to splurge on accommodations, they were spending like crazy in Buenos Aires’ best shops and restaurants. A casual stroll through some of BA’s busiest shopping …

Buenos Aires Shopping Centers Approach 100% Occupancy

Patrick Archer lifestyle, real estate, tourism

The only thing harder to find than a parking space in Buenos Aires may soon be retail space. “It’s almost impossible to rent space in a shopping center,” reads the headline in Andres Sanguinetti’s article in today’s Cronista. The piece focuses on retail sales, monthly rents and occupancy levels at some of the largest shopping centers in Buenos Aires, and …