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Retail in Brazil boosted by World Cup and Olympic Games



Huge sporting events set to take place in Brazil, such as the FIFA World Cup and the 2016 Olympic Games in Rio de Janeiro, are set to have a huge positive effect on consumer behavior.
International retailers are fully aware of this impact. This has made the current time the best for foreign retail brands to enter the Brazilian market as the local consumer will be able to gain direct access to those international brands that were once only available abroad.

According to Roberto Somekh, the Leasing Director of Multiplan, a company which currently manages 18 malls inside the country, the retail estate market has seen rapid growth, even for luxury goods consumers. He stated that Brazil is gaining attention from foreign retailers who are looking to develop their brands and open stores in Brazil

More about shopping malls in Brazil



DAY BEFORE YESTERDAY, USA:
Tesla stores are leaving mallsThe electric car maker is taking another blow to the position of malls that are losing tenants one-by-one.
DAY BEFORE YESTERDAY, Estonia:
The initial value of the 55,000 sq.m. complex is €85 million.
Jul 28, 2021, United Kingdom:
Two years after Philip Morris announced its plans to expand the British chain, it has become known of its intention to close it completely.
Jul 28, 2021:
Those who have not been vaccinated will not access public spaces, such as government offices, restaurants, and shopping malls.
Jul 27, 2021, United Kingdom:
The chain of luxury department stores, founded in 1909, may change ownership.
Jul 20, 2021, USA:
LVMH will acquire a controlling stake in Off-White, with its founder retaining 40%.
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Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
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ADDRESS: 61 km Moscow Ring Road
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