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      "text": "Offline Bookings % of Total Market; CAGR; Brazil: 2022 (48% Online, 52% Offline), 2027 (46% Online, 54% Offline, 12% CAGR Online, 13% CAGR Offline); Argentina: 2022 (54% Online, 46% Offline), 2027 (50% Online, 50% Offline, 12% CAGR Online, 15% CAGR Offline)",
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      "text": "Brazil Rollout Strategy: Initial Phase: 10 Stores by year-end; Timing: Openings to begin Nov'23; Locations: São Paulo, Campinas, Rio de Janeiro, Belo Horizonte; Store Types: 1 Flagship + 9 Standard Stores",
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      "text": "(1) Source: Euromonitor",
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      "text": "Deploying Proven, Asset-Light Offline Strategy in Brazil and Argentina to Further Expand Margin while Substantially Increasing Market Penetration",
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