Fast-fashion purveyor Forever 21 and makeup retailer Sephora are helping drive expansion plans at Iguatemi Empresa de Shopping Centers SA, the Brazilian mall company with the best sales over the past year.
BoF distills recent fashion stories from the French media.
SAO PAULO, Brazil — Mall operator Iguatemi Empresa de Shopping Centers SA is expanding at its fastest pace since going public in 2007, betting that luxury shoppers will be more resistant to a souring economy.
SÃO PAULO, Brazil — In emerging markets like India and China, luxury shopping malls have often struggled to successfully take root. Quality and execution issues have plagued many of India’s new shopping centres, while, apart from the very best developments, many of China’s large-scale malls are often worryingly empty. But despite the fact that the sun is always shining and the breeze is always blowing, Brazil’s luxury malls are