In the second quarter, Alpargatas reached net revenue of 1.1 billion Brazilian real, up 2 percent or 10 percent in constant currency against the second quarter of 2021. In the second quarter, Alpargatas , owner of Havaianas, recorded a 40 percent decrease in net income to 64.2 million Brazilian real. Excluding data from Rothy's, recurring net...
5 Aug 2022
Havaianas net revenue in the fourth quarter reached 1,054.3 million Brazilian real, a 7.3 percent or 6.8 percent in CC increase against the fourth quarter of 2020 and 19.3 percent increase against the fourth quarter of 2019. Havaianas net revenue in 2021 was 3,912.6 million Brazilian real, a 25.7 percent or 24.5 percent in CC increase versus...
11 Feb 2022
Digital-first sustainable footwear brand Rothy’s has confirmed that Alpargatas, the Brazilian lifestyle brand and owner of Havaianas will acquire 49.9 percent of the business in a two-step transaction. The strategic investment from Alpargatas will include an investment of 200 million US dollars in primary capital followed by an offering to...
21 Dec 2021
Alpargatas generated revenue of over 3 billion Brazilian real (539 million dollars) in the first nine months of 2021, representing a 35 percent increase year-over-year. Of this amount, the company said in a release, 1 billion Brazilian real (180 million dollars) came from international operations of Havaianas, the company’s leading global brand...
8 Nov 2021
Footwear brand Havaianas is launching an exclusive collection co-designed by streetwear brand A Bathing Ape. The collection features two Havaianas models, the Tradi Zori, a modern flip-flop inspired by the traditional Japanese zori sandal, and the Top silhouette that have been reimagined with Bape’s signature camouflage print. Fernanda Romano,...
16 Aug 2021
Alpargatas, the company that owns the Havaianas brand, announced a 71 percent increase in its second quarter revenues to 1,095 million Brazilian real, with growth in all operations. The company said in a statement that at Havaianas Internacional, revenue grew in all international markets. Net revenue in constant currency was 516 million...
2 Aug 2021
Alpargatas S.A. has announced the completion of 21.8 percent stake in ASAIC comprising the Topper brand in Argentina to Carlos Roberto Wizard Martins. The company said in a statement that the aforementioned interest was adjusted based on foreign exchange variation, and that it has received the first instalment of 28 million Brazilian real...
5 Dec 2018
London - Alpargatas, the company behind the iconic Brazilian flip-flop brand Havaianas, has been sold for 1.1 billion US dollars (850 million pounds). J&F Investimentos SA has agreed to sell its controlling stake in the flip-flop manufacturer to three investment firms held by some of Brazil's leading banking families. Scandal owner J&F sells...
13 Jul 2017
With the 2016 Summer Olympics Games just around the corner the Latin American market is under the looking glass, creating new opportunities for fashion businesses both domestic and from abroad. FashionUnited takes a closer look at fashion companies to watch in Latin America. Changing dynamics of the Latin American fashion retail After the...
4 Aug 2016
This site uses cookies to deliver its services, to personalise ads and to analyse traffic. If you continue browsing the site, you agree to our use of cookies.