As Brazil enters the global spotlight with the World Cup and Olympics on the horizon, an increasing number of luxury brands are looking at opportunities within the market. Brazil is the largest economy in South America and the eighth biggest economy globally. Following the 2009 recession, consumer and investor confidence revived and GDP growth reached 7.5% in 2010 – the highest growth rate in the past 25 years. The country has a tightly regulated, domestically focused, cash-rich economy, … [Read more...]