This week’s topics: On this year’s Sweetheart’s Day, e-commerce will once again be the savior. São Paulo opens its first hub for green startups. 2021 already breaking records for Brazilian startups.
On June 12, Brazil celebrates Sweethearts’ Day, the country’s answer to Valentines’ Day. And despite a scenario of record unemployment, rising inflation, falling revenue among Brazilian families, and a continuing pandemic, retailers expect positive results — and that’s largely thanks to e-commerce.
Online sales. This year, around 53 percent of consumers are expected to buy a Sweethearts’ Day gift online — up from 47 percent last year. The numbers come from a survey carried out by online market research company Opinion Box.
Better Together. Another survey, from e-commerce platform Shopee, says Sweetheart’s Day could perform even better than 2021 Mother’s Day, which was the first shopping date to match pre-coronavirus sales levels.
Brick and mortar. Sales in physical stores should also increase, despite a looming third wave of coronavirus infections on the horizon. Though some cities are enforcing tighter restrictions, most still allow shopping centers to operate with fewer controls.
The specialization trend among corporate board members It is not only a matter of perception:…
Panama will hold its presidential elections on Sunday, months after huge protests saw thousands descend…
The city of Rio de Janeiro estimates that a Madonna concert this Saturday on Copacabana…
Latin America’s trend of banning opposition candidates from elections has caught on in an ever-growing…
The São Paulo City Council on Thursday approved legislation authorizing Brazil’s largest city to sign…
The proposal is the first step in a long legislative process. The ground rules are…