fashionDevelopingUpdated 34 min ago · since 24 Sept 2026

Iguatemi discusses winning Dior and strategies to attract Brazil’s luxury shoppers under CEO Ciro Neto

According to FashionUnited UK, Iguatemi CEO Ciro Neto aims to position the group as the primary entry point for international brands in Brazil's luxury sector. The company estimates the local luxury market is currently valued at 98 billion reais and projects it could grow to 150 billion by 2030.

1 source1 country1 article1 independent outletsSource strength 22/100 ⓘIguatemi
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Key facts

  1. 01Ciro Neto assumed the role of chief executive officer in March 2025.
  2. 02Iguatemi estimates Brazil's luxury market is worth approximately 98 billion reais.
  3. 03The group projects the market value could reach 150 billion reais by 2030.

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