daredevil.shark on 09 January 2015
Just saw it on neogaf.
Nintendo announced today ( 9) shall not distribute more games and consoles in Brazil. As of January 2015, the Gaming Brazil , Juegos subsidiary company of Video Latin America, no longer distribute Nintendo products in Brazil. The Gaming Brazil distributed Nintendo's products in the country for the past four years. "Brazil is an important market for Nintendo and home to many passionate fans but unfortunately challenges in the business local environment have made our current distribution model unsustainable in the country," said Bill van Zyll , Director and General Manager for Latin America Nintendo of America . " These challenges include high tariffs on imports that apply to our industry and our decision not to have a local manufacturing operation. Working together with the Juegos de Video Latinoamérica , we will monitor the evolution of the business environment and evaluate the best way to serve our Brazilian fans in the future . " Despite the changes in Brazil, Juegos de Video Latinoamérica remains the distributor of Nintendo for Latin America . " We are partners in Nintendo's distribution of its products in Latin America for 14 years and we remain committed to the brand. And while no other changes are planned for other markets in the region are in a position where we need to reevaluate our approach to distribution in Brazil, " explains Bernard Josephs , CEO of Juegos de Video LatinAmerica . " We will continue to monitor the environment in the country so that we can evaluate future opportunities ."
Source: http://jogos.uol.com.br/ultimas-noticias/2015/01/09/nintendo-encerra-operacoes-no-brasil.htm
