#guatemala merchandise
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Indígenas y turistas, mercado semanal, Tarabuco, 2006.
I am rarely a photographer of people, but the contrast between the tourists and the indigenous people was irresistible. Unlike many folk markets, Tarabuco has not yet succumbed to the demands of the tourist trade (pace Otovalo in Ecuador or Chichicastenango in Guatemala as examples), and tourist treasures are but a tiny fraction of its offerings. Mostly it sells, often in barter transactions, commodities for local residents. The weekly market in Tarabuco is thus still breathtaking (at an elevation of 3,300 m almost literally) for the opportunity to observe the array of merchandise and the people who are its sellers and customers. A cultural anthropologist's dream!
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INTRODUCTION
My name is Marco Rodriguez actually I’m the Owner of a Company that Import from China footwear or Comfortable lady shoes that distribute in Guatemala. I’m also like a Sells Manager, with more the twenty-five years of knowledge of the business for this product, I consider myself a person who can suggest how to import merchandise from China.
I love the sales area, and I know that is the best way to grow the Company business.
Import of China, isn’t complicate: Just you need to pay attention to know it works.
This is the reason why I created a guide to help you avoid financial risk of people.
Remember, the Chinese Business are honorable people, and is very important they feel good, but you have to ask to make sure.
You know, You can ask for Supplier that put a logo on your packaging box and product, as well as make changes to a product you like until you get it just the way you like.
This is a little guide, but increase it on what you follow knowing the process.
Below you will find this guide, I hope it will be the star of your own business.
1 GUARANTEE TRADE BY ALIBABA
It’s the secure payment method that Alibaba offers you as an intermediary. It consists of paying your chosen supplier, even up to the moment the product arrives on time and in the quality requested.
ALIBABA will refund your money as long as the supplier doesn’t comply with the conditions you require. make sure that the quotation that the supplier gave you specifies the product, colors, price, sizes, quality of materials, special specifications such as markings on the product as well as on the packing box, shipping cost charge, etc. that you make sure that your supplier uses the Trade Assurance program.
2 DO NOT BUY TRADEMARKS
Don’t ask your supplier to manufacture products with already registered trademarks if you don’t have the legal representation to trade them. Your supplier will manufacture them, but you will have a huge economic problem when the authorities don’t allow the merchandise to enter your country.
3. GOLD SUPPLIER STATUS
Register on ALIBABA with your email and password and log in to Verified Supplier, look for Gold Supplier Specifications in Basic Profile, where it’s Business License and Ownership Status; Contact Information, Company/Factory Location. The Gold Suppliers that they pay an annual membership fee to ALIBABA. They are showing seriousness and the risk that they are scammers is diminished.
4. CHECK HOW LONG HAVE BEEN WORKING WITH ALIBABA
Check the number of years the supplier has been working with ALIBABA, the more years, lower will be the risk.
5. MAKE SURE THAT COMPANIES HAVE ASSESSED SUPPLIER (EVALUATED SUPPLIER)
Check that production capacity, certifications, etc., is a much broader verification of the supplier, so it’s important to work with Gold Suppliers that at least have a more rigorous verification.
6. SUPPLIER'S PARTICIPATION IN TRADE SHOWS
In the Supplier's Company profile, you can check which international fairs or events the supplier has participated. In this section photos of the events are included. This gives us much more peace of mind.
7. SUPPLIER'S TRANSACTION LEVEL
This is measured based on icons that are placed in the form of diamonds. The more diamonds they have, the more confidence they must do business with the supplier.
When you log into your supplier's portal (on ALIBABA) you can also review the transaction history by year and by country or region.
8. THE SAMPLE
It’s very important that Supplier sends you a physical sample so that you can see if it meets your requirements and, that a sample is also sent to your purchasing agent in China, so that he can inspect if it meets your requirements.
9. PAYMENT REQUEST FROM THE SUPPLIER
This requirement is made through ALIBABA portal. If it is a supplier with whom you haven’t had a business relationship, do not deposit without the intervention of ALIBABA because this is your best guarantee. In this payment request, the supplier must include a file with all the specifications of the product, which you have already reviewed and agreed to when you received the physical sample. If the supplier doesn’t include these specifications, don’t make the payment. It’s also very important that the negotiation is done with FOB price, which determines that the supplier is obliged to send the goods already packed to the port. If you negotiate with CIF value you must coordinate the reception of your merchandise in the warehouses of your supplier and take it to the port, which will generate a cost to you.
10. PAYMENT ADVANCE
The payments are generally divided into 30% first (indicated in the previous paragraph) and 70% when the product is ready to be shipped.
Way to do it: through ALIBABA (I recommend you do it by bank transfer) do not do it by credit card because the cost is very high. When you make the payment advance, tell your supplier that you will send an inspection agent to review the production process of your order and review the final process, this is done before making the second payment.
11. IMPORTANT DOCUMENTATION
The Supplier must send you by email the following documents:
COMMERCIAL INVOICE
PACKING LIST
CERTIFICATE OF ORIGIN
12. RECEIVE THE PRODUCT: To ensure the smooth nationalization of your product, it is important to hire the services of a customs broker. You should also establish the payment of taxes and the percentage of fees to be paid to the broker. It is recommended to inspect the product thoroughly upon arrival. If any issues are found, document them with photos and promptly contact your purchasing agent to communicate with the supplier, or contact the supplier directly
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Xibalba Merch
Xibalba (Mayan pronunciation: [ʃiɓalˈɓa]), roughly translated as "place of fright",[1] is the name of the underworld (or K'iche': Mitnal) in Maya mythology, ruled by the Maya death gods and their helpers. In 16th-century Verapaz, the entrance to Xibalba was traditionally held to be a cave in the vicinity of Cobán, Guatemala. Buy Xibalba Merch Here!
Xibalba Merchandise Xibalba Merch Uk Xibalba Merch Australia Xibalba Merch Hoodie Xibalba Band Merch Official Xibalba Merch Store New Xibalba Merch Shop Xibalba Merch 2023 Xibalba Merch Long Sleeve Xibalba Merch Women's Tee Xibalba Merch T Shirt Xibalba Merch Shirt
#xibalbamerch #xibalbamerchandise
#Xibalba Merch#fashion#graphic design#logo design#marketing#mensfashion#product design#digital art#design#art#business
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What Is Floki?
Today let’s talk about the floki meme coin. Floki is going a new route with its coin. They plan on building a state of the art school on every continent; from there they will go to every underdeveloped nation of the world. They have already built schools in Guatemala, Ghana, Laos, and Nigeria. Their mission goal is to make real world changes.
They have many utilizes already in place such as 3D NFT Metaverse, Defi utilities, a crypto education system, NFT’s a merchandise store and so much more. They are growing with over 470,000 members strong through their social media platforms.
There are a few markets out there that carry the coin for sale. There are also a few exchanges out there for you to use.
There are plenty of coins out there with a total supply of 10,000,000,000,000. Like other coins they have a burning program in place. 25% of the FlokiFi Locker fees are burnt and 1% of the prepaid card fees are burnt. The floki coin is on both the ETH and BSC chains.
It is a nice coin to invest in to help out your fellow man/women. They donated $1.4 million to the Million Gardens Moment. A charity to fight food insecurities. This project was back in 2021.
I have a really nice faucet that payout instantly to your wallet. It is Vie Faucet they have all the goodies watch videos, PTC, and surveys.
Thank you for reading and enjoy the rest of your day.
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I went to mall again in Guatemala again
Also there's no kirby merchandise
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Wal-Mart de Mexico SAB de CV Company Market Analysis Report - Company Market size - Company profile
Wal-Mart de Mexico SAB de CV (Walmex), a subsidiary of Walmart Inc, operates retail stores under various formats such as discount warehouses and discount stores, clubs, supermarkets, hypermarkets, apparel and accessories stores, and pharmacies. Wal-Mart de Mexico market analysis Wal-Mart de Mexico Company Profile
Through its retail stores, the company offers general merchandise, food, and consumables. It operates retail outlets under the banners of Walmart, Superama, Bodega Aurrera Suburbia, Sam’s Club, and La Despensa de Don Juan. Walmex also sells products through online portals, such as walmart.com.mx, superama.com.mx, and sams.com.mx. The company has operations in Mexico, Guatemala, El Salvador, Honduras, Costa Rica, and Nicaragua. Walmex is headquartered in the Mexico City, Mexico.
Access in-depth analysis, premium industry data, predictive signals, and more on Wal-Mart de … for 12 months starting at $395 on our Company Analytics platform
Access in-depth analysis, premium industry data, predictive signals, and more on Wal-Mart de … for 12 months starting at $395 on our Company Analytics platform
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New Episode Alert: Adventure Minisode: Maya Exhibit This wonderful exhibit is an introduction to Mayan history and Culture circa 250-900 CE. All, but 1, artifact is on display for the first time outside of Guatemala. This exhibit has just extended its stay and remain in KC through March 2023! Homegrown KC is a podcast dedicated to exploring Kansas City's fascinating history and sharing stories from its rich past. It is available wherever podcasts can be found including but not limited to Audible, Amazon Music, Google Music, Pandora, Spotify, and Apple Podcasts. To become a patron supporter subscribe to redcircle.com/homegrownkc or patreon.com/homegrownkc. Subscribers get access to exclusive bonus episodes featuring other local historians, archivits, and museum professionals. They also receive an item from the merchandise store valued at 5$ or less, and a shout out on every episode and social media post. Or you can give a one time donation at redcircle.com/homegrownkc or Ko-fi.com/homegrownkc. All donors will receive a shout out. And 1% of all Ko-Fi donations will go to fight climate change. To see what merchandise is available, go to zazzle.com/store/homegrown_kc_store. For more information on each topic, visit my website: homegrownkc.wordpress.com. and sign up for my monthly newsletter on my website as well. Like, follow, and subscribe to the show on Facebook, Instagram, Twitter, Pinterest, Tumblr, and Youtube. Rate and Review the show where you listen, especially on Apple Podcasts. Thank you Bjorn and Joan for your continued support. Thanks also goes to Sarah McCombs for the creation of my logo; the Dear Misses for use of their song Kansas City, as the intro and outer music of the show; to local libraries; and to all my wonderful listeners. Cheers! #homegrownkc #communityhistory #stateandlocalhistory #kchistory #kcproud #historypodcast #podcastersofinstagram #mayanculture #mayanhistory #mayathegreatjaguarrises #mayathegreatjaguarrisesexhibit #unionstationkc #indigenoushistory #archaeology #mayanculturelives #mayanlanguagelives https://www.instagram.com/p/CmrXY5QLvRb/?igshid=NGJjMDIxMWI=
#homegrownkc#communityhistory#stateandlocalhistory#kchistory#kcproud#historypodcast#podcastersofinstagram#mayanculture#mayanhistory#mayathegreatjaguarrises#mayathegreatjaguarrisesexhibit#unionstationkc#indigenoushistory#archaeology#mayanculturelives#mayanlanguagelives
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Get your hands on New Sidow Sobrino Official Merchandise! Shop all your favorite colors sizes and styles. Hurry! Limited inventory is Available Now! #SidowSobrino #Theworldsno1superstar #elartistano1 #celebritynews #celebrity #Share #follow #repost #NewYork #LosAngeles #Sanfrancisco #UnitedKingdom #australia #Luxemburg #Sweden #spain #France #canada #italy #Germany #Ireland #Colombia #Mexico #CostaRica #Elsalvador #guatemala #Peru #Japan #Philipines #Thailand (at London, United Kingdom) https://www.instagram.com/p/Cl6kV58pCoC/?igshid=NGJjMDIxMWI=
#sidowsobrino#theworldsno1superstar#elartistano1#celebritynews#celebrity#share#follow#repost#newyork#losangeles#sanfrancisco#unitedkingdom#australia#luxemburg#sweden#spain#france#canada#italy#germany#ireland#colombia#mexico#costarica#elsalvador#guatemala#peru#japan#philipines#thailand
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Shop for unique or custom products made in Guatemala. We here at Fonsatti.net provide the handmade Guatemalan accessories at the best prices and with 100% controlled and guaranteed Guatemalan origin. Check out our collection of dresses, jewelry, home décor, bags and many more! For more details Visit us now!
#guatemala products#guatemala products online#Textiles from Guatemala#guatemala merchandise#traditional guatemalan dress#Guatemalan accessories#guatemalan clothing for sale
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BRIGHT GREEN, BRIGHT YELLOW
by Réginald-Jérôme de Mans
A romantic restaurant six years ago. Thin and nervous, recovering from the worst illness of my life. On one side of us, a fireplace roars and crackles, making up for the bunch of lawbros talking structured finance to our other side. And then suddenly, I hear it, faux-naively touching my heartstrings like its own accordion keys, slow wistful notes common to 1960s and early 1970s French films, the kind that I would stumble on in late-night zapping through cable… So common as to be almost anonymous and thus exotic. The sort of channel-surfing that felt like waking dreams and alcohol-fuelled glimpses of other realities, where other mores applied.
I knew this would stay with me in my ears and in my head, so was glad the staff were able to tell me what I was hearing, the theme to Bernardo Bertolucci’s Last Tango in Paris lightly reworked by Gotan Project.
Last Tango in Paris, infamous now not for its eroticism but for the exploitation of its star Maria Schneider at the hands, and other body parts and a stick of butter, of director Bernardo Bertolucci and costar Marlon Brando.
Is it ever acceptable to separate what charms us from the otherwise problematic? I’ve been thinking about that again reading that Banana Republic is now marketing vintage items from its very different 1980s incarnation, back before its longtime owners, Gap, decided to rein it in. Back when its name, Banana Republic, had any relevance to its image and its merchandise.
Launched in Mill Valley, California in the late 1970s,Banana Republic once called itself a “travel and safari clothing company,” using a wonderfully constructed catalog narrative of exploration and exoticism to sell Brady fishing bags, so-called expatriate jackets and trousers, and arrays of travel books. It was closer to Seinfeld’s J. Peterman than J. Peterman itself, which started around the same time. Like Peterman, that old Banana Republic circulated thousands of catalogs with hand-drawn illustrations, rather than photographs, of its merchandise, accompanied by the seductive imagery of persuasive, whimsical prose recounting the founders’ exploits in Burma, Australia and elsewhere. The early Banana Republic shops featured life-size plastic megafauna like giraffes and staff whose jackets called them “guides”, with the shop logo of double bananas flanking a decidedly developing-nation-style star: the national seal, as it were, of Banana Republic.
To judge by small ads in old New Yorkers, many odd little ventures tried to sell clothes with atmosphere and wordy descriptions. But none did it more successfully than Banana Republic, which even launched (and quickly folded) its own high-powered travel magazine with serious contributions from international journalists famous not for fluff but insightful writing and photography.
In recent years, a devoted Instagram account, Abandoned Republic, has tracked down merchandise, memorabilia and personal memories from that era. And now, at least momentarily, so does Banana Republic corporate, in search of a more interesting brand identity than its last 30 years of “Gap, but a bit more upscale.”
Banana Republic corporate reconnecting with its past means current passing through a name, an attitude and a choice of merchandise that are necessarily differently freighted in today’s context. For the last three decades the name Banana Republic has been divorced from any signifier, a handful of syllables that might as well be an ideogram for “somewhat nicer khakis.” But what was a banana republic? In 1979, it must have sounded like a quirky choice of name, connoting quaint, backward, exotic autocracy – an elsewhere demarcated from the reader’s presumed safe, rule-of-law-governed, developed Northern Hemisphere, Western homeland. But this consciously chosen corporate name ignores the horrific, nearly incomprehensible political and ecological domination American corporations exerted on and in various South American countries to create and exploit enormous fruit plantations. O. Henry coining the term was one effect of such circumstances. This was by no means a forgivably distant phenomenon: barely two decades before Banana Republic’s own founding, one American fruit company lobbied the U.S. government into overturning a democratically elected government in Guatemala in favor of an unstable, bloodthirsty tyrant who safeguarded the company’s gigantic profits.
A similar lack of awareness stains those cute catalogs, which uncritically quote (for example) Henry Stanley, inarguably one of history’s greatest monsters, for the commercialization of safari fashions influenced by colonial nostalgia. Which was quite fashionable in the 1980s: Out of Africa, White Mischief, even claptrap like King Solomon’s Mines all came out in Banana Republic’s heyday, popular at least as much for their elegant, dashing depictions of ruling-classes as for their narratives. It’s rather surprising that the early Banana Republic didn’t sell the deeply freighted pith helmet, although it did sell – and the new BR vintage shop has briskly resold –many, many surplus Israeli Defense Force shoulder bags.
Safari fashions, particularly against the narrative and cultural context of early Banana Republic media and marketing, risk not just whitewashing but bleaching and sanitizing centuries of exploitation in all its forms. That conjunction of imagery localizes readers in the shoes of the privileged and the heavily armed, gives those forerunners all the benefits of a reputation laundered and lightened of venality, predation, bloodthirstiness without connection to any agency, risking turning the wearers into walking unironic homages to them. Context refracts resonance.
And with the resale shop an homage to that homage, what are we to make of this? It seeks a rebrand, to stand for something more interesting, now that it’s been reminded that retail, like the daydreamed safari landscape of BR’s old marketing, too is red in tooth and claw.
Like my consternation thinking about Last Tango in Paris, perhaps we can reproportion concern. The Banana Republic resale shop, although much heralded in fashion media, can only be a limited phenomenon (dedicated to the exploitation of the #basic consumer, rather than the Global South), limited by the relative rarity of existing 1980s BR clothing and by the marketing needs of maintaining exclusivity. And marketed identity lasts until the next thing. We, consumers, must exit comforting and entertaining dreamworlds and be aware, of what we are wearing, of its significance, whether we are shopping at Banana Republic or elsewhere, whether the song playing in the background will haunt us romantically or psychically.
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Grupo Financiero Inbursa 50 years of commitment to Mexico
Grupo Financiero Inbursa 50 years of commitment to Mexico
Grupo Financiero Inbursa, one of the main financial institutions of the country, celebrated its first 50 years of life, a period in which it has had to live both good times of macroeconomic expansion, as well as very severe global and national crises.
G rupo Financiero Inbursa, one of the main financial institutions in the country, celebrated its first 50 years of life, a period in which it has had to live both good times of macroeconomic expansion, as well as very severe global and national crises.
He has been a participant in a great transformation of the financial sector, being an important protagonist as a driver of the stock market and the new stage of universal banking in Mexico; mainly, supporting the country's companies.
This is a group that has believed and invested in Mexico, that generates jobs and contributes to the growth of the country, which has taken solid steps year after year since its origin, with a very clear vision and principles, among them: “To advance so much in the good times as in the bad times. ”
There are five decades of evolution and constant growth of a financial institution that is distinguished by its strength, efficiency and service, which aims to continue increasing its market share with the best customer service.
It has one of the largest and most comprehensive portfolios of financial products on the market, both for individuals and for legal entities.
If the first 50 years were of constant expansion, its short, medium and long term future looks promising.
The 60s
The origin of a success story
The 60s mark the beginning of a business group destined to be one of the strongest and most efficient in the economy of Mexico.
To speak of Inbursa is to speak of a history of more than 50 years, which has its origin in solid bases, values, vocation, talent and work, founded more than 100 years ago, in 1902, by Don Julián Slim Haddad. These pillars have been strengthened with the decision, actions and effective work of men and women who have added their capabilities and effort to build this story.
Everything came from a clear inclination that Don Julian brought with him from Lebanon, since his enormous dedication to work and his great entrepreneurial talent led him to capitalize on the businesses he developed in the country that opened his arms.
He arrived in Mexico in 1902 at the age of 14, after a long journey of more than two months. He arrived without speaking Spanish, but full of enthusiasm, ideas and a business vision ahead of his time that allowed him a few years to establish a company that had merchandise for more than 100,000 dollars.
He and his wife, Linda Helú de Slim, both of affectionate character, and of very solid values, always gave the family union a fundamental place in his life. Their children were instilled in a values-based education where principles and a great love for Mexico had priority.
In that environment, Mr. Carlos Slim Helú, founder of Grupo Financiero Inbursa and Grupo Carso, was born and grew up, learning by example, family training and business vocation. This shared vocation was the basis for forming and developing new businesses, including at the age of 25, the beginning of Stock Market Investor (Inbursa) on November 30, 1965, with a capital of one million pesos, equivalent to 80,000 dollars of that time.
That was the beginning of a road traveled over 50 years and today places it as one of the strongest and most efficient financial institutions in the world.
THE 60 YEARS WERE RELEVANT TO THE FUTURE OF THE GROUP BECAUSE THE COUNTRY'S ECONOMY EXPERIENCED THE "MEXICAN MIRACLE" CHARACTERIZED BY A HIGH RATE OF ECONOMIC GROWTH AND GREAT STABILITY.
The gestation of the Inbursa and Carso Groups began in 1965, it was a period in which Ing. Carlos Slim, with just 25 years of age, acquired the Jarritos del Sur bottling plant and began to establish several companies such as the Inversora brokerage firm Stock market, Carso Real Estate, Carso Construction Company, Home Promoter, SSG Real Estate, El Volcán Aggregates Mine, Mexican Real Estate and Pedregales del Sur. Inmobiliaria Carso established it in January 1966, three months before getting married and his name came from the combination of Carlos and his wife Soumaya Domit Gemayel.
What is today Inbursa was born with the association of Ing. Carlos Slim with Héctor Lagos and Onésimo Cepeda. Mr. becomes the president of his Board of Directors. During a work trip to Chihuahua, he proposed to Onesimo Cepeda - who worked at the Bank of London and Mexico - to partner to put up a brokerage firm. Once they agreed to join, they spoke with Héctor Lagos to invite him and, among the three partners, they founded a Stock Market Investor.
The company did not last long due to the decision of Onesimus Cepeda to leave the business and continue his vocation in the Seminar, for which his participation was bought by Mr. Slim.
50 years ago, Stock Market Investor was born as an intermediary of the Stock Exchange, ahead of the creation of the figure of brokerage firms that appear with the Stock Market Law of 1974, that is, it was anticipated almost a decade.
For 1966 he founded and presided over the companies Promotora del Hogar, dedicated to commercialize homes, and GM Machinery, in the purchase, sale and rental of construction equipment. In 1968, he acquired and directed Mina el Volcán and SSG Inmobiliaria and during 1969 he began the operations of three new companies: Mexican Real Estate, National Leasing and Invest Mentor Mexicana.
• Birth of the Inbursa and Carso Groups. • Acquired the Jarritos del Sur bottler .
• He started to build the base of Grupo Carso. Inmobiliaria Carso established it in January 1966.
• Constructora Carso, Home Developer. • GM Machinery Cover
• Acquires Mina el Volcán and SSG Inmobiliaria.
• Three new companies start operations : Mexican Real Estate, National Leasing and Invest Mentor Mexicana.
President: José López Portillo
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
GDP (var.%)
8.11
4.32
4.46
7.54
11.01
6.15
6.10
5.58
9.42
3.42
GDP (var.%)
Exchange Rate (pesos per dollar)
12.50
12.50
12.50
12.50
12.50
12.50
12.50
12.50
12.50
12.50
Exchange Rate (pesos per dollar)
Inflation (var.%)
4.84
-0.33
3.12
0.20
5.40
0.65
2.58
1.43
2.43
4.87
Inflation (var.%)
Oil (dollars per barrel)
NA
NA
NA
NA
NA
NA
Oil (dollars per barrel)
External Debt (mdd)
275.00
252.00
230.00
210.00
2,056.00
2,114.00
2,260.00
2,643.00
3,154.00
3,432.00
External Debt (mdd)
Decade of 70's
Strong foundations are sown
Among drastic changes in the country's economy, strong foundations are built for the future of the Inbursa Financial Group.
The group's early era was dynamic and evolutionary. However, unlike other times, the 70s was the decade where the institution's strong foundations were sown.
This period was relevant for the future of the group, because the country's economy underwent a radical change, since the final part of the so-called "Mexican miracle" was recorded, characterized by a high pace of economic growth and great stability.
At the same time, it was the beginning of the so-called recurrent crises, when the fixed parity that maintained the exchange rate for about 22 years per dollar of the so-called old pesos (0.0125 pesos of the current ones) was eliminated.
Stability was maintained during the first half of this decade, during which Inmobiliaria Carso carried out the acquisition of various properties in different areas of the country's capital. Approximately 100 properties were acquired, at an annual interest of 11 percent.
In the middle of the decade the securities market law was issued, in which the stock market investor had an outstanding participation.
The payment of that mortgage was made with the flow of income generated by the new acquisitions, something that closely resembles what the Infrastructure and Real Estate Trust (Fibras) do today, another example of what was the advanced vision of the group.
Under this changing context, the group oils its machinery to perfectly engage in the economic future of Mexico.
For example, between 1971 and 1972 they acquired properties such as Guatemala 65 corner with Correo Mayor, Isabel la Católica corner with Mesones, Palmas 1730 (August 16, 1971), in addition to other land in the west and south of Mexico City.
Just in the middle of the decade, on January 2, 1975, the Securities Market Law is issued. To achieve this, the participation of the Stock Market Investor as a stock exchange intermediary was relevant, in the consolidation of the relationship with issuing companies on the stock exchange and in the first issues of the Certificates of the Treasury of the Federation (Cetes) in early 1978.
Also, in June 1976, the group acquired 60% of Galas de México in 10 million pesos (MDP), through a capital increase of this company.
While the group took concrete steps in its growth, on August 31, 1976, the then Secretary of Finance and Public Credit, Mario Ramón Beteta, announced: “Considering that the fixed parity is a 'straitjacket' for our economy, the The Mexican Government determined to put the peso to float ”so that it was the market that fixed its true parity in relation to the dollar.
On September 11, 1976, the regime of then President Luis Echeverría established parity at 19.70 pesos for purchase and 19.90 for sale.
A month later, the price reached 27.97 per dollar, to fall at the end of the year to 19.95 pesos per dollar. During the second half of the decade, the dynamics of the Mexican economy changed considerably, determined by adjustments in both fiscal and foreign exchange policy in the country.
From a cycle of great stability for a little over two decades, there was a period of instability with devaluations, with the constant increase of the public deficit, also with the significant increase in external debt, with a growing distrust of entrepreneurs in the country and the decrease in international reserves of the Bank of Mexico.
In this environment, where the economic process that in the future became known as recurring crises was developed, the young Inbursa Financial Group (it still did not have that name) was structured in a solid way to start the process of supporting the growth of many companies amid periods of crisis and economic expansion.
• Acquires 60% of the Galas de México label and calendar printer , significantly improving its operation.
• The first brokerage houses appear .
• The Securities Market Law is issued .
• First Issuance of Certificates of the Treasury of the Federation.
• Indeval creation .
President: Luis Echeverría Álvarez
1970
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
GDP (var.%)
6.50
3.76
8.23
7.86
5.78
5.74
4.42
3.39
8.96
9.70
GDP (var.%)
Exchange Rate (pesos per dollar)
12.50
12.50
12.50
12.50
12.50
12.50
20.00
22.74
22.71
22.77
Exchange Rate (pesos per dollar)
Inflation (var.%)
4.69
4.96
5.56
21.37
20.60
11.31
27.20
20.66
16.17
20.02
Inflation (var.%)
Oil (dollars per barrel)
12.70
13.10
13.40
13.10
19.50
Oil (dollars per barrel)
External Debt (mdd)
4,263
4,546
5,065
7,070
9,975
14,449
19,600
22,912
26,264
29,758
External Debt (mdd)
The 80's
Vision, trust and principles in times of crisis
The 80s marked an important stage in the group's history.
It was during this decade that it was constituted as a group of large companies, despite the adverse macroeconomic environment, characterized by a strong capital outflow from Mexico, the devaluation of the peso against the dollar and where one of the milestones was the nationalization of banking .
It was a critical stage in the history of the country, in which confidence in the future was lost; So, while other businessmen refused to invest, Grupo Carso decided to do so. The reason for this resolution was a mixture of trust in the group and in the country; In addition to a good dose of common sense.
The conditions of those years, reminded Ing. Carlos Slim of the decisions that his father made in March 1914, when in the middle of the Revolution he bought 50% of the family business from his brother, putting all his capital and his future at risk .
Given this, the 80s were intense in the evolution of the business group; in the first four years (1980 to 1984), they made numerous and large investments, as well as various acquisitions, such as Hulera El Centenario, with 23%; Anderson Clayton, with a 3.5% stake; Sanborns, with 21.6% and Reynolds Aluminum, with 17%; In addition to an important participation in various companies.
Under the name of Grupo Galas, in 81, they acquire a minority percentage - about 10% - of Cigatam (Philip Morris Mexico) at approximately 30 million pesos (MDP). In August of that same year, their participation in the tobacco company increased by 39.6% with 214 million pesos.
Also in 1981, he founded Fondo Inbursa, which since its birth and until the end of 2015 has had an average annual return of 16.63%, in dollars, and in which they invest, by the way, the product of the sale of the Venustiano Carranza property 118-120. By 1983, the stock market capital of Investor Stock Market was 3,000 million pesos and had paid 57 million pesos in dividends.
In those years, because many large national and foreign investors did not want to keep their capital in the country, given the crisis, it was feasible to acquire at prices well below their real value the majority of several companies and even Mexicanized to many others, among which Reynolds Aluminum, Sanborns, Nacobre and its subsidiaries stand out. Subsequently, they mexicanized in a patrimonial and operative way corporate such as Luxus, Euzkadi, General Tire, Aluminum and 30% of Condumex.
Another way in which Mexicanized companies was selling them to Mexican entrepreneurs, as in the cases of Chewal Penwalt in 1983 and Cigarrera La Moderna in 1985.
During the second half of 1982 and throughout 1983 the value of companies was even more irrational than the pessimism of the people due to the economic crisis. In this period some companies were worth less than 5% of their book value. It should be noted that, as a comparative figure, several of these companies are currently listed at more than five times their revalued equity.
AT THE END OF 1982 AND THROUGHOUT 1983, THE VALUE OF COMPANIES WAS STILL MORE IRRATIONAL THAN THE PESIMISM OF PEOPLE FOR THE CRISIS.
In 1984 they carried out several controls, so that by August they acquired the “Group 2 Package” of Bancomer from Mr. Manuel Espinosa Yglesias, at 11,238 million pesos (equivalent to 58 million dollars). This operation included 100% of Seguros de México, formerly Seguros Bancomer, plus 30% of Anderson Clayton and several other major investments. In the same year they bought the control of Bicycles of Mexico.
By 1985 Grupo Carso acquires control of the company Artes Gráficas Unidos, Loreto and Peña Pobre, Porcelanite, as well as most of Sanborns and its subsidiary Denny´s.
In 1986 they acquired the company Minera Frisco and Empresas Nacobre, as well as its subsidiaries, and maintained an important participation in Euzkadi.
In order to carry out these acquisitions, various minority interests were sold, which the group had previously obtained; Among them, 40% of Cigarrera La Moderna stands out.
The aforementioned companies constituted the Carso Group from the dates indicated and until 1986.
In relation to the real estate area, it should be noted that the investment made by the group in numerous properties south of the city, which were acquired in the early years of the 1970s, were expropriated in 1989 for ecological purposes and to take advantage of the leaks from water runoff to groundwater, constituting part of a green belt in the city.
Thus, while the country's economy went through a period of constant crisis, such as that presented during the second half of the 80s with international oil prices, the Carso Group consolidated itself year after year by incorporating new companies.
• Acquires Hulera the Centenary.
• Under the name of Grupo Galas, it acquires 10% of Cigatam (Philip Morris Mexico).
• 30 million pesos initial investment in Philip Morris Mexico.
• Philip Morris Mexico paid the group about $ 20 million.
• Increase their participation in Philip Morris Mexico 39.6% (214 million pesos).
• The stockholders' equity of the Stock Market Investor was 3,000 million pesos and had paid 57 million pesos in dividends.
• Sell Penwalt Chemistry.
• Acquires 21.6% of Sanborns.
• Reynolds Aluminum stake of 17 percent.
• Acquire the Bancomer Group 2 Package (11,238 million pesos).
• It is made of 100% of Seguros de México and Fianza Guardina.
• Grupo Carso acquires the majority of United Graphic Arts , Loreto and Peña Pobre, Porcelanite, Sanborns and Denny's.
• Acquire Minera Frisco and Empresas Nacobre.
• Maintains an important participation in Euzkadi.
President: José López Portillo
1980
1980
nineteen eighty one
1982
1983
1984
1985
1986
1987
1988
1989
GDP (var.%)
9.23
8.53
-0.52
-3.49
3.41
2.19
-3.08
1.72
1.28
4.11
GDP (var.%)
Exchange Rate (pesos per dollar)
23.27
26.16
149.25
161.65
209.97
447.50
914.50
2225.00
2295.00
2679.50
Exchange Rate (pesos per dollar)
Inflation (var.%)
29.85
28.68
98.84
80.78
59.16
63.75
105.75
159.17
51.66
19.70
Inflation (var.%)
Oil (dollars per barrel)
31.10
33.10
28.60
26.40
26.80
25.30
11.80
16.00
12.20
15.60
Oil (dollars per barrel)
External Debt (mdd)
33,813.00
52,961.00
58,874.00
65,556.00
69,378.00
72,080.00
75,351.00
81,407.00
81,003.00
79,059.00
External Debt (mdd)
The 90's
Promotora Carso becomes Grupo Financiero Inbursa and becomes very important
The evolution of Mexico in the 90s was determined by a complicated interaction of the economic and the political.
Throughout this period the financial system of Capital smart city underwent a great revolution, where the bank changed its structure radically several times, while the birth and evolution of the brokerage houses was presented as we know them today. In the midst of this historical context, it is important to highlight that one of the great institutions of the country, the Inbursa Financial Group, has not changed its shareholding control or administration, nor has it required government support or rescue at any time during its half century. of life. That is, its history has been different.
As a business group, he stressed that at the beginning of this stage, in December 1990, they acquired by tender from Telephones of Mexico (Telmex), associated with the American South Western Bell, France's France Telecom and other Mexican partners.
Central Corpotative Telmex Parque Vía, MeAlthough the brokerage house is the origin of this financial group since 1965, and whose figure was ahead of what are currently the securities agents or proper: brokerage firms, the other companies in the financial sector were added to the Stock Market Investor , grouped together to create a solid financial group with comprehensive services.
INBURSA FINANCIAL GROUP HAS NOT CHANGED IN SHAREHOLDER CONTROL OR ADMINISTRATION.
In the decade of the 90s, one of the great transformations experienced by the Mexican financial market was the creation of financial groups. It was precisely in September 1992 when the Inbursa Financial Group was established, integrated at that time by Stock Market Investor Casa de Bolsa, Seguros de México –which two years later acquires the name of Inbursa Insurance– and Fiana Guardiana Inbursa.
In that same year, the institution obtained the corresponding authorizations to become a controlling company of a financial group and, at the same time, modified its corporate name to become an Inbursa Financial Group. It is precisely from this group that, in 1993, the Inbursa Bank was born, just after the federal authorities of that time ended the privatization process. As a historical reference, once the bank privatization program was concluded in mid-1992, the Ministry of Finance and Public Credit opened the opportunity for new multiple banks to be established in Mexico and thereby expand the range of credit institutions that existed at the time and had very little time to have been privatized, after almost a decade of being under the tutelage of the State.
A decade of strong evolution
Just during the privatization process of banks that was presented, Grupo Financiero Inbursa decided not to buy any credit institution, but rather to create a new one from scratch, a completely new bank, where the idea since then was to be taking it in a timely, consistent manner. Insistent, relative market size.
Thus, in order to promote the diversification of financial services, in 1993 Banco Inbursa was created as the complementary development platform for the operations of the rest of the GFInbursa member companies.
iVery similar to the creation of the bank, in that same year Arrendadora Inbursa was also born and the following year, Factoraje Inbursa.
If the first half of the decade was intense, the second five-year period was extremely dynamic. In January 1995, Operadora Inbursa de Sociedades de Inversión was incorporated and joined GFInbursa.
As part of the great revolution of the Mexican financial system, a new Pension Law in Mexico is created through the Retirement Savings System, through which the Retirement Fund Administrators, better known as Afores, are constituted. This is how in December 96, Afore Inbursa, a savings fund management company for the retirement of workers, emerged as a subsidiary of Banco Inbursa, with which GFInbursa joined the provision of financial services in the nascent security market Social of that time.
On the other hand, due to the great dynamics observed by the group, in 1997 Seguros Inbursa integrates the pension industry into its operations, expanding its portfolio in this segment.
That of the 90s, was a very intense decade for this institution, first for its formation as a financial group and then for the creation of new institutions, which with its creation consolidated and gave greater strength and momentum to the group in its growth.
• Acquisition of Telmex.
• In September, it was established as an Inbursa Financial Group .
• Banco Inbursa is founded .
• La Guardiana was one of the first companies that made up the Financial Group .
• In January, the Inbursa Operator of Investment Companies was incorporated and joined GFInbursa.
• Seguros Inbursa integrates the pension industry into its operations .
1990
President: Carlos Salinas de Gortari
President: Ernesto Zedillo Ponce de León
1990
1991
1992
1993
1994
nineteen ninety five
nineteen ninety six
1997
1998
1999
GDP (var.%)
5.18
4.21
3.54
1.94
4.73
-5.75
5.87
6.96
4.70
2.67
GDP (var.%)
Exchange Rate (pesos per dollar)
2941.90
3037.70
3115.40
3.11 *
5.32
7.64
7.86
8.06
9.94
9.52
Exchange Rate (pesos per dollar)
Inflation (var.%)
29.93
18.79
11.94
8.01
7.05
51.97
27.70
15.72
18.61
12.32
Inflation (var.%)
Oil (dollars per barrel)
19.09
14.58
14.92
13.20
13.89
15.70
18.99
16.46
10.15
15.58
Oil (dollars per barrel)
External Debt (mdd)
77,770.00
79,988.00
75,755.00
78,747.00
85,934.00
100,934.00
98,285.00
88,321.00
92,295.00
92,290.00
External Debt (mdd)
1st Decade of the 2000
New century and new era of the group
In the new century, the Inbursa Financial Group continues its evolution, dynamism and expansion.
With the beginning of the new decade, the Inbursa Landlord also emerges, today Inbursa Financial Company, Sofom ER Likewise, in 2000 there is a significant growth for Inbursa Insurance when acquiring the operations in Mexico of Liberty México Seguros , currently Patrimonial Inbursa, confirming the strength of the group and its orientation to the service.
A year later, in the course of 2001, the appointment of Marco Antonio Slim Domit as general director of the group is given and, the decision is made to integrate the entire operation of the group as a single unit and cease to operate in the form of independent subsidiaries .
This same year, the retail banking business starts and the bases and infrastructure are fined to selectively offer banking products to this market.
During 2002 it continued its strategy of penetration to the retail segment through Seguros Inbursa and Banco Inbursa; The financial group launched the Inbursa Ct account, a checking account that pays the Cetes rate, an example of the benefits of innovation in favor of its customers.
This same year he obtained the final authorization from the Ministry of Finance and Public Credit (SHCP) for the operation of Salud Inbursa, a subsidiary of Seguros Inbursa, dedicated to the provision of health insurance and medical expenses, supporting the preventive medicine service .
The first half of the decade was intense and full of achievements; For example, in 2003 Banco Inbursa obtained the investment grade from the Standard & Poors and Fitch rating agencies, who based their decision, mainly, on the high quality of the assets, the solid capital base and the results shown by the institution of credit despite the low economic growth of the country in those years.
During the first quarter of 2003, the pension business was split from Inbursa Insurance in compliance with current legal provisions. As part of its retail strategy, Banco Inbursa launched new credit products to the market during 2004, including EFE Credit Card, credit to small and medium-sized InburPyme companies, Autoexpress auto credit and Inburcasa mortgage credit.
In June 2004, Grupo Financiero Inbursa announced the decision to carry out a split to establish IDEAL, the controlling company of a new economic group oriented to the evaluation, structuring, development and operation of infrastructure projects in Mexico and Latin America.
BANCO INBURSA OBTAINED THE INVESTMENT DEGREE FOR: THE HIGH QUALITY OF THE ASSETS, THE SOLID CAPITAL BASE AND THE RESULTS SHOWN BY THE INSTITUTION OF CREDIT. Standard & Poors and Fitch
The aforementioned spin-off was approved by the general meeting of shareholders of the group on May 25, 2005, implying a transfer by splitting of an initial accounting capital for IDEAL of approximately 8,740 million pesos (about 800 million dollars). IDEAL began trading on the Mexican Stock Exchange (BMV) on September 15, 2005 with the issuance of “B-1” series shares representing its capital stock, under the “IDEALB1” blackboard key.
To reinforce the retail banking strategy and with the objective of continuing this growth, during 2008 the group reached an agreement with CaixaBank of Barcelona, Spain.
Throughout 2008 a new international financial crisis broke out that led to a strong recession during 2009, a period in which Inbursa did not stop and, on the contrary, marked an intense cycle of credit placement at a time when the entire bank stopped financing As a result, at the end of that same year he managed to double his portfolio to 163,000 million pesos (MDP).
In March 2009, the Inbursa Foundation began operations with a contribution of 1,200 million pesos, to join the social activities, which since 1986 has been carried out by the Carlos Slim Foundation, as well as the activities of the Telmex Foundation and the Historical Center Foundation.
This decade was intense for the University town Islamabad group, among other things because of the importance that was placed on the sector of natural persons with a growing range of revolutionary products for the market. For example, investment instruments such as the aforementioned Inbursa Ct, which combines all the services of a traditional checking account and also guarantees 28-day Cetes returns on the average monthly balance. In the same way, with protection products such as Autotal Inbursa, an insurance that fits the client's budget and that revolutionized the market because it was the first to commit to reaching the incident within 30 minutes, that is, always launching the Market the best products.
• Seguros Inbursa acquires the operations in Mexico of Liberty México Seguros, currently Patrimonial Inbursa.
• The entire operation of Grupo Financiero Inbursa is integrated as a single unit. • The retail banking business is promoted.
• The financial group launched the Inbursa Ct checking account into the national market .
• Obtained the definitive authorization of the SHCP for the operation of Inbursa Health, dedicated to the provision of health insurance services and medical expenses.
• Promotora Inbursa was strengthened as a subsidiary of Pensiones Inbursa.
• Launches: Credit Card EFE, InburPyme, Autoexpress and Inburcasa.
• Grupo Financiero Inbursa constitutes IDEAL.
• IDEAL starts operations with an initial accounting capital of 8,740 million pesos.
• In September IDEAL began trading on the BMV under the IDEALB1 code .
• A new international financial crisis broke out that led to a strong recession during the following year .
• It managed to double its portfolio to 163,000 million pesos.
• Inbursa Foundation starts operations with a contribution of 1,200 million pesos.
2000
President: Vicente Fox Quesada
President: Felipe Calderón Hinojosa
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
GDP (var.%)
5.30
-0.61
0.13
1.42
4.30
3.03
5
3.15
1.40
-4.70
GDP (var.%)
Exchange Rate (pesos per dollar)
9.57
9.17
10.36
11.20
11.22
10.71
10.88
10.90
13.77
13.04
Exchange Rate (pesos per dollar)
Inflation (var.%)
8.96
4.40
5.70
3.98
5.19
3.33
4.05
3.76
6.53
3.57
Inflation (var.%)
Oil (dollars per barrel)
24.62
18.57
21.52
24.78
31.05
42.72
53.04
61.66
90.36
57.56
Oil (dollars per barrel)
External Debt (mdd)
84,600.00
80,339.00
78,819.00
79,024.00
79,226.00
71,675.00
54,766.00
55,355.00
56,939.00
96,353.00
External Debt (mdd)
2010 Decade
Accelerated dynamism in retail banking
Important participation in automotive credit and increasing penetration in consumer credit.
The first half of this decade has been as dynamic as the previous one, highlighting the momentum given to automotive credit in the first instance and more recently in consumer credit.
In June 2010, 100% of the shares representing Chrysler Financial's share capital (now CF Credit) were acquired to boost the growth of the automotive loan portfolio. With this operation, a loan portfolio of 5,498 million pesos (MDP) was acquired, strengthening the credit assets of the retail group.
The success has been such that the automotive loan portfolio has increased fivefold to date.
Also, during the first five years of this decade, the improvement in the credit rating, mainly of the bank, stands out; For example, in February 2010, Standard & Poors Services (S&P) ratified the long-term global counterparty credit rating in investment grade and raised Banco Inbursa's rating nationally. S&P based its decision on four fundamental factors:
1) solid capitalization, 2) historically positive asset quality indicators, 3) long experience in the market with experience in the corporate sector and 4) higher than average levels of efficiency.
SOLID CAPITALIZATION, HISTORICALLY POSITIVE ASSET QUALITY INDICATORS, LONG CAREER IN THE MARKET WITH EXPERIENCE IN THE CORPORATE SECTOR AND EFFICIENCY LEVELS OVER THE AVERAGE.
Subsequently, in November 2012, S&P confirmed the credit rating of the bank, counterpart, long-term globally and nationally. The stable outlook reflected an expectation of penetration in the SME credit market, and of consumption in general, which will continue to boost Banco Inbursa's business stability.
Throughout 2013, the necessary processes were obtained to obtain from the Ministry of Finance and Public Credit (SHCP) and the National Banking and Securities Commission (CNBV), the respective authorizations to modify the corporate purpose of Health Inbursa; As a result, said company changed its name to Inbursa Credit Insurance, being authorized to organize and function as an insurance institution specialized in the practice of the operation of damages, in the credit industry, beginning operations in November 2014.
Finally, in December 2013, S&P upgraded Banco Inbursa's long-term global counterparty credit rating.
Towards the final part of the first half of the decade, two acquisitions are made, one that began in March 2014, making it known that Grupo Financiero Inbursa through Banco Inbursa reached an agreement with Standard Bank Group Limited (South African Group) for the acquisition of Banco Standard de Investimentos in Brazil, a financial entity with a net asset value of approximately 45 million dollars, an operation that took place in March 2015 when the central bank of Brazil authorized the transaction.
In December 2014, the financial group announces a strategic alliance with Walmart de México (WalMex), for the acquisition of Banco Walmart by Banco Inbursa, an operation that took place in June 2015. The group already brought a good growth momentum in consumption, but with the addition of Banco Walmart an important platform is added to reach a wider universe of potential customers.
Evolution and growth have been constant and determining factors in the history of the Inbursa Financial Group, where experience, solidity, creativity and the effort for constant improvement, confirm its commitment to Mexico.
Currently, Grupo Financiero Inbursa has diversified its participation in financial services, having a strong presence in the insurance, banking and stock market sectors, as well as an important participation in the financial services market related to social security.
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As for Diet Code Red, it is currently discontinued as its Zero Sugar counterpart replaced it. As of July 2022, most of these flavors howbeit are produced sporadically along the Midwest region from independent Pepsi bottlers. In early 2019, Diet Code Red, along with many other underperforming flavors (namely Real Sugar, White Out, Citrus Cherry, Pitch Black, Caffeine-Free Mountain Dew, and Caffeine-Free Diet Mountain Dew), was pulled from shelves in most regions. From this, it is similar to how Caffeine-Free Mountain Dew, Red, and Sport all received Diet versions before Code Red came along. The parent company, PepsiCo, was inspired by this introduction, eventually leading to the creation of multiple other flavors such as LiveWire (released in summer 2003) and Baja Blast (a Taco Bell exclusive released in 2004).Īfter a successful first year on shelves, Diet Code Red was put into production in 2002. When Code Red was first released in the United States, this introduction alone increased overall Mountain Dew sales by 6% in its first year. It was also available in Slurpee form exclusively for a few years until 2005. It was officially released in stores in May 2001 nationwide in the United States as a permanent flavor, and was available in various sizes such as 20-ounce bottles, 24-ounce bottles, 2-liter bottles, 3-liter bottles, 12-packs, 24-packs. The letter revealed that Code Red is "Coming to a store near you in May," signifying a planned release of May 2001. They were sent a box containing a "you won" letter, following a Code Red shirt, and a six-pack of bottles to be the one of the first to sample.
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In March 2001, Mountain Dew's website held an online racing game called " Mission: Code Red." After the top-scoring winners won the online racing game with high enough points, the winners acquired their free Code Red merchandise. Its tagline is " DEW with a Rush of Cherry Flavor." while in Oceania, its catchphrase is " DEW with a Rush of Berry Flavour." History Its color, as its name implies, has a red look. It's similar to another Dew flavor, which has a similar shade of cherry flavor, Citrus Cherry. Antigua and Barbuda, Aruba, Australia, Austria, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Bermuda, Bolivia, Brunei Darussalam, Bulgaria, Cambodia, Canada, Cayman Islands, Chile, China, Colombia, Costa Rica, Croatia, Republic of, Cyprus, Czech Republic, Denmark, Dominica, Egypt, El Salvador, Estonia, Finland, France, French Guiana, Germany, Gibraltar, Greece, Grenada, Guadeloupe, Guatemala, Guernsey, Honduras, Hong Kong, Hungary, Iceland, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Jersey, Jordan, Korea, South, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Macau, Malaysia, Maldives, Malta, Martinique, Mexico, Monaco, Montserrat, Netherlands, New Zealand, Nicaragua, Norway, Oman, Pakistan, Panama, Paraguay, Philippines, Poland, Portugal, Qatar, Reunion, Romania, Saint Kitts-Nevis, Saint Lucia, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Thailand, Trinidad and Tobago, Turks and Caicos Islands, United Arab Emirates, United Kingdom, United States, UruguayĪfghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Argentina, Armenia, Azerbaijan Republic, Belarus, Benin, Bhutan, Bosnia and Herzegovina, Botswana, Brazil, British Virgin Islands, Burkina Faso, Burundi, Cameroon, Cape Verde Islands, Central African Republic, Chad, Comoros, Congo, Democratic Republic of the, Congo, Republic of the, Cook Islands, Côte d'Ivoire (Ivory Coast), Djibouti, Dominican Republic, Ecuador, Equatorial Guinea, Eritrea, Ethiopia, Falkland Islands (Islas Malvinas), Fiji, French Polynesia, Gabon Republic, Gambia, Georgia, Ghana, Greenland, Guam, Guinea, Guinea-Bissau, Guyana, Haiti, India, Iraq, Kazakhstan, Kenya, Kiribati, Kyrgyzstan, Laos, Lebanon, Lesotho, Liberia, Libya, Macedonia, Madagascar, Malawi, Mali, Marshall Islands, Mauritania, Mauritius, Mayotte, Micronesia, Moldova, Mongolia, Montenegro, Morocco, Mozambique, Namibia, Nauru, Nepal, Netherlands Antilles, New Caledonia, Niger, Nigeria, Niue, Palau, Papua New Guinea, Peru, Puerto Rico, Russian Federation, Rwanda, Saint Helena, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, San Marino, Senegal, Serbia, Seychelles, Sierra Leone, Solomon Islands, Somalia, Suriname, Svalbard and Jan Mayen, Swaziland, Tajikistan, Tanzania, Togo, Tonga, Tunisia, Turkey, Turkmenistan, Tuvalu, Uganda, Ukraine, Uzbekistan, Vanuatu, Vatican City State, Venezuela, Vietnam, Virgin Islands (U.S.Code Red is a Cherry flavor of Mountain Dew.
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