Recently Released Market Study: Luxury Travel Goods in Argentina
Import restrictions and the decline in inbound tourism flows continue to compromise the performance of luxury travel goods in Argentina. During the first three months of 2013, the number of inbound tourist arrivals in the country plummeted by almost 15%, with arrivals from Brazil, Chile and Uruguay declining by an average of 23%. Visitors from these three countries combined account for almost 50% of luxury goods value sales in Argentina, according to a survey conducted by Global Blue. In...
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