JPMorgan Chase Announces Global Service Center In Buenos Aires

[soliloquy id=”21088″] JPMorgan Chase & Co. (NYSE: JPM) yesterday announced the opening of a new global service center in Buenos Aires pointing to several positive factors like cheap real estate, a convenient time zone and a highly skilled labor force which helped the Argentine megacity trump other South American metros like Bogota, Santiago and São Paulo. JPMorgan Opening A Regional Center With 1,000 Professionals is the headline …

VanityBA: Argentina Footbal Hits A New Low At The Bombonera

[soliloquy id=”21058″] Last night’s highly-anticipated match between crosstown rivals River Plate and Boca Juniors is being referred to by the local press this morning as “the worst of football” (La Nacion), “a historic laughing stock” (iProfesional), and “a national shame” . It’s one thing when your fans demonstrate their “passion” by destroying a downtown McDonald’s, but firing tear gas into the visiting team’s …

Global Fashion Brands Targeting South America, Still Avoiding Argentina

[soliloquy id=”21042″] 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 …

Buenos Aires Retail Vacancies Rise Another 15% This Summer

[soliloquy id=”20994″] Retail vacancy rates rose another 15% this summer in Buenos Aires, as a combination of double-digit inflation, higher rents and unlicensed street vendors sapped the strength of calles comerciales. A new report from the Argentina Retail Chamber (CAC) says the number of retail vacancies observed during the first two months of 2015 reached 324 or 15% more vacancies than before the …

Buenos Aires Taxi Drivers, Industry Divided Over Mobile Apps

[soliloquy id=”20969″] Buenos Aires residents and visitors are the beneficiaries of a new wave of technology designed to make calling a taxi easier, faster and more transparent. And while many Buenos Aires taxi drivers have been early adopters of mobile apps, the industry they work for is not exactly giving new technology un abrazo grande. The Complicated Relationship Between Buenos Aires …