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NEWS | REPORTS | Argentina
Argentina | 23/11/2023

DAFITI exits the Argentine market


The online commerce company justified its withdrawal based on the current market conditions in the country.

Factors such as arbitrariness in import controls and high inflation determined the end of DAFITI Argentina on September 18th. The e-commerce company, which belongs to the international holding Global Fashion Group, offered footwear, clothing, accessories, and various beauty products from 500 national and international brands.

Among other factors, the company also mentioned "...the departure of international brands and other suppliers that refuse to work directly with Argentine entities...", as stated by the company to Ámbito.

According to the firm, market conditions, economic challenges, and the dynamic variable of the industry were taken into account.

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