Lojas Americanas S.A.(BOVESPA:LAME3) dropped from FTSE All-World Index

Lojas Americanas SA is a Brazil-based company primarily involved in the operation of department stores. The Company's activities are divided into two business segments: Traditional stores and E-commerce. The Traditional stores division focuses on managing department stores under the Lojas Americanas and Express brand names. The E-commerce division includes retailing of various goods through Internet digital platforms, television and catalog commerce, as well as mobile applications. The Company operates over 1000 department stores across Brazilian territory and also a number distribution centers. The Company's subsidiaries include BWU Comercio e Entretenimento SA, B2W - Companhia Digital and Louise Holdings Ltd, among others. It is controlled by S-Velame Administracao de Recursos e Participacoes SA.