AZZAS 2154 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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Brazilian group Azzas 2154 reports recurring net profit of 168 million reais in Q4

Azzas 2154, listed on the B3 stock exchange as AZZA3, released its fourth-quarter results on Wednesday, March 11. In the last quarter of the year, which focused on adjustments for operational efficiency, the company reported a recurring net profit of 168 million reais (32.04 million dollars). This represents a slight decrease of 0.5 percent...

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Azzas 2154: Q4 result highlights revenue growth and strategic adjustments

Following the merger between Arezzo & Co and Grupo Soma in February last year, the newly formed Brazilian fashion giant Azzas 2154 reported fourth quarter gross revenue of 4.2 billion Brazilian real, up 15.1 percent versus the same period in 2023. The results reflect three months of consolidated operations. During the second half of 2024, the...