During the coronavirus pandemic and its aftermath, affluent Brazilians discovered shopping in their home country, and Iguatemi S.A. keeps giving them reasons to continue to do so. The company, which specializes in mid-tier and luxury shopping centers, has added concert venues, lounges, open-air cinemas, rooftop restaurants and fashion talks, plus a steady stream of new retail banners, from Alo and H&M to Balenciaga, Comme des Garçons, Loewe and Tiffany & Co. It boasts more than 1mn active members in its loyalty program, Iguatemi One, which gives them access to curated gatherings, event spaces, premium parking, guided visits to the SP-Arte fair, screenings and discounts and perks at places like The Mark hotel in New York City.  In Q3, sales jumped 22.5% to about $1.16bn at current exchange rates.