Dior Opens Fifth Store in Mexico City at El Palacio de Hierro

For almost 10 years now, Dior has had a women’s store in the upscale neighborhood of Polanco in Mexico City. Now it has added a men’s shop-in-shop to complement the women’s collection housed separately at the legendary El Palacio de Hierro department store, one of the top shopping venues in the city. The new boutique … Read more

Latin America’s Retail Sales Seen Slowing in 2024

MEXICO CITY — Mirroring the U.S. and other developed regions, Latin America’s fashion sales are expected to slow in 2024 as high interest rates and inflation dampen consumption. While some brands, such as U.K.-based Kurt Geiger, have revealed expansion plans and expressed excitement about the region’s growth potential, economists warn sales could decline this year … Read more