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 …

Mexico’s Alsea Now Owns 100% Of Starbucks In Argentina

Patrick Archer foreign investment, franchises, lifestyle, real estate, us companies

Alsea, the largest operator of fast food, coffee shop and casual dining restaurants in Latin America, now owns 100% of Starbucks Coffee Argentina after acquiring the remaining 18% interest that it did not already own. The company made a similar move in Mexico earlier this year when it acquired the remaining 18% of Cafe Sirena, the Mexican company that operates …

McDonald’s To Open On “The Most Famous Corner” in Argentina

Patrick Archer aruba, foreign investment, franchises, real estate, us companies

It used to be a Cinema, but it wasn’t a cinema. It was just located next to a cinema, but the cinema closed in 2002 and the Cinema closed earlier this year. So the cinemas are long gone, but what remains is one of the most valuable corners of commercial real estate in Buenos Aires: Callao and Santa Fe. Clarin’s …

Double Shot: 300 New Starbucks Coming to Argentina

Patrick Archer foreign investment, franchises, lifestyle, us companies

Since arriving three years ago, Starbucks has been opening new locations in Argentina at a rate of 12 per year. In fact, the company just opened the 36th location in Rosario reflecting the strategic shift of global brands to the country’s interior. Now, a new business plan should easily double the number of locations Starbucks opens in Argentina per year. …

Starbucks Expanding in Buenos Aires

Patrick Archer foreign investment, franchises, us companies

From Mercedes-Benz to American Express to McDonald’s, Argentines have long had an appetite for killer brands, so it was only logical that Starbucks finally made the foray into Buenos Aires. The Seattle-based coffee giant opened its first BA coffeehouse in the trendy Alto Palermo shopping center in May 2008, and the local chain now consists of four locations in Downtown, …