GAP Comes to PanamaMonday, February 20, 2012 The GAP clothing chain will open its first store in Panama in late February. This opening in the new phase of Albrook Mall, marks the start of expansion into Central America and the Caribbean. Clothing and Accessories: New store in Costa RicaFriday, March 13, 2020 The American clothing and accessories brand Banana Republic opened its first store on Avenida Escazú and has a 300 square meter customer service area. AR Holdings, administrator of the franchise, reported that this is the first of several stores that the conglomerate plans to open in the coming years in the region, specifically in Guatemala, Panama and the Dominican Republic. Guatemalan Textile Companies Form AllianceThursday, September 24, 2009 Denimatrix announced an alliance with "Accesorios Textiles" (Textile Accesories), the country's largest label producer. 'Accesorios Textiles' will supply labels for Denimatrix's jeans. The latter, formerly known as Koramsa, manufactures 120.000 jeans each week, for renowned brands such as Abercrombie & Fitch, Banana Republic, GAP, Rock & Republic and Buckle. Costa Rica: Attractive Consumer MarketMonday, February 27, 2012 The crisis in industrialized economies is leading large international brands to look towards countries like Costa Rica, where consumption is growing and becoming sophisticated. The developed world's economic crisis has forced multinational companies to set their sights on new markets which are emerging and dynamic, and have a sufficient number of consumers with high purchasing power to do business with their brands. Frontier to Begin Flights to Liberia, Costa RicaTuesday, August 31, 2010 The airline has announced it will initiate flights to Daniel Oduber International Airport in February 2011. In a press release the carrier indicated that its first flight of the year will be on 13 February and the last on 21 August with one per week. Panama: Government Seeks OfficesTuesday, March 13, 2018 The Ministry of Economy wants to rent a property where it can integrate the departments that are currently spread out over two buildings. The ministry's aim is to integrate the offices that are currently located in the Ogawa and PH Republic buildings, located on Via España. The intention is to pay less rent than is currently being paid. More Luxury Shops in El SalvadorTuesday, May 29, 2012 Grupo Roble has begun the expansion of the Multiplaza shopping centers in Antiguo Cuscatlan and remodeling in Metrocentro in Santa Ana and San Salvador. "For Multiplaza, which has 250 stores, new stores will open such as Victoria's Secret, Nike Store, Gap, La Senza, Banana Republic, Aldo, CAT, and Converse, among others, explained Alberto Poma, CEO of Grupo Roble. New Brands Come to Costa RicaTuesday, November 20, 2012 At least twelve international clothing brands have announce the opening of stores in the country. ETA Fashion, an Ecuadorian chain of department stores, Express, a north American brand of clothing and accessories for men and women, the Spanish franchise selling children's clothing Gocco, the Brazilian store Hering and the brand of Colombian menswear Arturo Calle, are some of new brands entering the Costa Rican market. Retail: Strategies for Attracting MillennialsMonday, April 15, 2019 Offering low prices, promotions and discounts similar to those found in U.S. stores, is part of the bet that AR Retail seeks to attract customers, especially millennial, in the Costa Rican clothing market. At the beginning of 2019, AR Retail, a company dedicated to the marketing of the brands GAP, Banana Republic and Old Navy, reported that it plans to invest $6.2 million over the next few years in the start-up of nine stores in the Greater Metropolitan Area. New Investments in Clothing StoresWednesday, January 30, 2019 In Costa Rica, AR Retail company plans to invest $6.2 million in the next few years to start up nine stores in the Greater Metropolitan Area. The company's plan to commercialize the brands GAP, Banana Republic and Old Navy, is to launch the first two stores in 2019, another three in 2020 and the remaining four in the following years. Tourism: North American Advertising CampaignMonday, December 2, 2019 In a context of a drop in the number of tourists arriving in the Dominican Republic, the authorities announced that they are implementing a new campaign to reposition the destination, which will be focused on the U.S. market. The campaign is implemented in the midst of a contraction in the number of visitors who arrived, because according to official figures from the Central Bank of the Dominican Republic, between January and October 2018 and the same period in 2019 the number of tourists who arrived in the country reported a 1.2% drop, behavior that contrasts with the increases recorded years ago. Doing Business in Central American CitiesWednesday, February 11, 2015 A World Bank study has evaluated regulations which exist in 22 cities in the region for starting new business, registration, construction, and border trade. From a statement issued by the World Bank: S & P Downgrades El Salvador's DebtFriday, October 14, 2016 The ratings agency has reduced the rating for long-term sovereign debt from B + to B, arguing that political capacity to resolve the fiscal problem is shrinking. From a press release by Standard & Poor´s: Costa Rica Long-Term Ratings Lowered To 'BB-'Friday, February 26, 2016 Noting the political system's inability to agree on fiscal issues, Standard & Poor's has downgraded, from BB to BB-, the rating for the country's long-term debt, giving it a negative outlook. Costa Rica Long-Term Ratings Lowered To 'BB-' On Continued Fiscal Deterioration; Outlook Is Negative |
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