Brazil’s high-end market rebounds from pandemic; luxury goods sales double 2019 figures

Unable to travel abroad due to the restrictions imposed by the pandemic, high-income Brazilians have been consuming more in malls with sophisticated products.

RIO DE JANEIRO, BRAZIL - A Balmain blouse with a Paulo Camargo blazer. Mixed pants and Alexandre Birman sandals. A Chanel handbag.

Rio de Janeiro doctor Andreia Frota's "look of the day" - owner of a clinic specialized in facial injections attended by the famous and wealthy in Barra da Tijuca, Rio's west zone - rarely costs less than R$10,000 (US$1,918). She is part of a group of Brazilians who, prevented from traveling abroad because of the Covid-19 pandemic, began to spend much more on luxury products in the country.

Frota says that with the devalued . . .

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