Thursday, September 27, 2012
Louis Vuitton: Goodbye Argentina
Excluded in Argentina, a country by a president with a penchant for glamorous couture to luxury brands like flies.
The nearest shop is located at Louis Vuitton, finely misted by Cartier, the bend his early release with Emporio Armani, Salvatore Ferragamo, Escada, Calvin Klein and Yves Saint Laurent known. Ermenegildo Zegna has shrunk and Polo Ralph Lauren said it has temporarily closed shop.
Hermes Handbags Outlet
Why? Now makes a raid on imports life difficult when you try to put in luxury abroad. A lot of foreign exchange control matters. Difficult for buyers that the latter is an implicit limit on purchases in dollars heading for Argentines abroad economically after the opposition newspaper El Cronista Comercial And inflation in Argentina has made this expensive country for foreign visitors.
Since 2001 default on nearly 100 billion dollars in debt the country has almost international credit cut, Argentina implemented a policy of "Lo Nuestro vivir con" or "live with what we have." Even though it has returned more than 90 percent of the debt and other obligations forced (with the exception of the rather large Paris Club), his dubious inflation statistics and policy increasingly unpredictable restructured make a virtue of such an approach.
Which should explain the reaction Enrique Meyer, Minister of Tourism, the exodus of foreign luxury brands. Here is nothing to fear, he estimates. No, what matters is the month of March, Argentina marks abroad, he said, such as clothing makers Cardon and Pampero, Freddo ice cream brand and El Noble, maker of the beloved and blocks Cardon - has even opened its doors in China.
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