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...
Aug 5, 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...
Feb 11, 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...
Dec 21, 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...
Nov 8, 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,...
Aug 16, 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...
Aug 2, 2021
ASAP: as sustainable as possible, as soon as possible. That’s the motto of Brazilian luxury label Osklen, one of the winners of this year’s CO Leadership Awards alongside brands like Raeburn and Stella McCartney. Founded in 1988 by orthopedic surgeon turned fashion designer Oskar Metsavaht, Osklen started using organic cotton in 1998. Since...
May 10, 2019
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...
Dec 5, 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...
Jul 13, 2017
Alpargatas has appointed Guillaume Prou to be the new President for the EMEA region. Prou joined Alpargatas five years ago in the role of CFO EMEA. He has previously worked at L'Oréal for 15 years, in various positions in Thailand, France, Brazil and Portugal. The company said, in his new role, Prou will continue to grow the Havaianas brand in...
Jan 13, 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...
Aug 4, 2016
J&F Investimentos SA, which manages investments for Brazil's billionaire Batista family, has agreed to pay 2.67 billion reais (716 million dollars) in cash for a controlling stake in Alpargatas SA (ALPA4.SA), the maker of the Havaianas flip flops. Under terms of the deal, J&F will pay 12.85 reais per common share and preferred share. Thus, the...
Nov 24, 2015
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