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 …

Border Shopping: Argentina, Chile Lure Bargain-Seekers Next Door

Patrick Archer arts & entertainment, lifestyle, tourism

Favorable exchange rates and the prospect of snatching up cheaper everything from laptops and lingerie to tablets and toys are prompting hundreds of thousands of Argentines and Uruguayans to make a run for the border with cash and credit cards in hand. Cronista has back-to-back features this week highlighting this Southern Cone shopping trend beginning with the droves of deal-seekers …

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 …

From Jobs to Revenue, Tourism Booming In Buenos Aires

Patrick Archer ba government, hotels & casinos, real estate, tourism

The Buenos Aires tourism engine just keeps chugging faster and generating more jobs and revenue in the process, according to a new report from the City of Buenos Aires. The Tourism Board and Ministry of Culture shared the new data at the conclusion of this week’s Expoeventos 2011 at the Centro Costa Salguero. Tourism in Buenos Aires is a multi-billion …

Liquidacao: The Brazilians Are Buying Everything in Buenos Aires

Patrick Archer lifestyle, tourism

It was 90 years ago when the phrase “Rich as an Argentine” was coined in Paris. Flush with new-found export wealth, the country’s elite would travel to European capitals for shopping sprees of clothing, fabrics and antiques. By the end of the century, the wealthy were still going abroad in full acquisition mode; however, destinations closer to home, Miami, Punta del …