Arezzo&Co news and archive

Azzas 2154 seals agreement to separate Arezzo&Co and Soma

Following refuted speculation about disagreements between partners Alexandre Birman and Roberto Jatahy, the Brazilian conglomerate Azzas 2154 Group announced an agreement for a corporate reorganisation on September 2. The official statement confirms the separation of both companies. “The Reorganisation aims to segregate the current businesses of...

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Azzas 2154 reports Q2 drop in revenue and profit

Last week, Brazilian holding company Azzas 2154 presented its results for the second quarter of 2026. Gross revenue fell by 7.1 percent to 3.4 billion reais (656.5 million dollars) compared to the second quarter of last year. This was “mainly impacted by a 13.6 percent drop in sell-in channels.” Gross profit, at 1.5 billion reais, saw a 5.9...

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Arezzo acquires Italian footwear label Paris Texas

Arezzo, the Brazilian footwear conglomerate, has taken a majority stake in buzzy shoe label Paris Texas. Arezzo & Co. invested 25 million euros to acquire 65 percent of the Italian label founded in 2015, according to Footwear News. Sales by the young company are thought to be around 15 million euros in 2022. Paris Texas was launched Annamaria...

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Inside Arezzo the 50-year old Brazilian shoe factory

Arezzo & Co annually sells around 30 million products. A domestic shoe powerhouse, its production headquarters outside Porto Alegre in Brazil’s southernmost state of Rio Grande Do Sul employs 800 workers and there are several other operations throughout the country. Currently the Arezzo portfolio contains 16 brands spanning diverse levels of...