Just Released: "Brazil Retail Report Q1 2014"
Brazil's retail sector is set to see continued expansion in the future, as sales are boosted by an expanding population, rising incomes and growth in household spending. We believe an increasingly affluent urban population of aspirational status purchasers are driving growth, particularly in high-end big-name global luxury brands, and this is attracting these brands to the country. However, lower income households are also being targeted by budget store formats, particularly in the MGR sector, and we expect this trend to...
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