Travel Retail Highlights


Duty Free Shop Puerto Iguazú marks 20th anniversary

London Supply Group this month marked 20 years of operations at Duty Free Shop Puerto Iguazú, one of the great travel retail locations in South America. The 10,000sq m shopping complex serves visitors to the Iguazú Falls, one of the region’s great tourist attractions, and is located near the bridge that connects Argentina with Brazil. Alongside the retail space it houses parking, recreation spaces, a bar and restaurant. London Supply Group President Teddy Taratuty saluted the 20th anniversary of the store and the wider Puerto Iguazú Duty Free Zone. He said: “These past 20 years in the world of business have been defined by our constant commitment to growth, proactive approach to adaptation, and the dedication and effort that have served as invaluable tools when facing even the most complex scenarios. “They have been defined by innovation, the commercial excellence that characterises us and the multiple awards we have received from around the world. “But more than anything, they have been defined by our people. Their dedication, their professional commitment and their values, that reflect everything we believe in at London Supply Group.

London Supply salutes 20 years at its flagship duty free operation in this video

“Those who have been with us on this long journey have been the protagonists and witnesses of the profound impact we have had on Misiones and its community. This is because we contributed to the growth of Puerto Iguazú as one of the destination’s main tourist attractions, of course, but also because of the humanitarian work we have performed through our Foundation. It is a true point of pride for this company, and it would not have been possible without the support, empathy and human quality of our people. “I am moved by the thought of everything we have achieved over these past 20 years, and everything we will achieve in the future with all our incredible potential. “I am deeply thankful to everyone who, in one way or another, is part of the history of this Duty Free Shop. My only wish is that the future finds us together on this same path, which 20 years of experience have proven is undoubtedly the right one.” Comment: As befits a company that has survived many crises in its 80-year history, London Supply Group took the long view of the pandemic and its impact over the past two years. It maintained a busy programme of store upgrades and investment. This included the November 2021 opening of the Rio Gallegos Duty Free Zone, in the province of Santa Cruz, as well as the reopening of Duty Free Shop Puerto Iguazú on 1 December after 20 months of closure. After a difficult period for the management team and its employee, the 20-year anniversary of its signature store was rightfully a moment of special celebration for a pioneer of the regional industry.

The December reopening of Duty Free Shop Puerto Iguazú (hailed by President Teddy Taratuty below left) was a moment of great celebration

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The Moodie Davitt eZine Issue 307 | 24 March 2022

The Moodie Davitt eZine is published 14 times per year by The Moodie Davitt Report (Moodie International Ltd). © All material is copyright and cannot be reproduced without the permission of the Publisher. To find out more visit www.moodiedavittreport.com and to subscribe, please e-mail kristyn@moodiedavittreport.com

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