SAO PAULO, Brazil — In the mid-to-late Nineties, the tony fashion boutiques that form the commercial hub of São Paulo’s Jardins district, an upscale residential area reminiscent of Beverly Hills, were thriving with shoppers.

But during the past several years, an economic crisis has reached even the well-healed Jardins shoppers, causing a marked business slowdown. And while fashion boutiques aren’t empty, they’re not exactly bustling.

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