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Trade fair ’shows economy still strong’

A recent trade fair in Sao Paulo has shown the country’s economy is still going strong, those looking at Brazilian property may be interested to know.

Couromoda 2009 – The International Shoes, Sportsgood and Leathergoods Fair received 65,000 retailers in four days and matched the business volume of previous years, Brazzilmag reports.

Francisco Santos, its chairman, claims a total of six billion reais (£1.84 billion) of sales were closed, showing the country’s active economic conditions.

He states: "We received buyers from all over Brazil and from 51 other countries, but we noticed the Europeans and North Americans came in smaller numbers, due to the grave economic crisis faced by their markets."

Emphasising the fashion status of the country’s footwear, he tells the news provider the industry services the consumer needs of the population to a high-level, those interested in Brazilian property could be glad to hear.

In other news, supermodel Gisele Bundchen has returned to her home country to kick off the Sao Paulo Fashion Week, which might interest investors looking for real estate in the country.

Tags: Brazil, Economic News, Real Estate

January 21, 2009

Economic News

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