All Alpargatas articles – Page 2
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ArticleOver 12 million pairs of Havaianas sold in EMEA in 2021
Havaianas, the Alpargatas-owned sandal brand, generated the equivalent of €115.4 million in revenues in Europe, the Middle East and Africa (EMEA) last year, representing a 35 percent year-over-year increase. Results were driven by the Sparkle flip-flop line and the Beyond Core category that grew 28 percent in unit volume. The ...
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ArticleShoe industry marked by IPOs and takeovers in Q4
The footwear industry witnessed further extraordinary finance transactions during the fourth quarter as companies continue to take advantage of the abundant liquidity injected into the financial system by central banks worldwide to shore up the economy after the Covid-19 outbreak last year. Allbirds, the loss-making California-based producer of Wool Runner ...
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ArticleAlpargatas buys a 49.9% stake in Rothy’s for $475m
Alpargatas is investing $475 million to buy a minority stake in Rothy’s, a San Francisco-based sustainable lifestyle brand, with an option to take over the company. The Brazilian group, known for its Havaianas rubber sandals, said that Rothy’s aligns with its four strategic business pillars: global, digital, innovation and sustainability. ...
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ArticleAlpargatas sells Osklen to focus on Havaianas
Completing its reorganization, Alpargatas is divesting its 60 percent stake in Osklen, a Brazilian brand of sustainable surf- and skate-inspired clothing and footwear, to focus on Havaianas, the big international brand of rubber sandals. Alpargatas had already transferred its regional Mizuno license to Vulcabras, parent company of Olympikus, in the ...
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ArticleAlpargatas to invest €92 million to finance Havaianas expansion
Alpargatas will invest 600 million Brazilian reais (€92.0m-$106.4m) in 2022 to meet growing demand for its Havaianas brand. The investment will be destined to the expansion of manufacturing capacity and of the logistics network, especially in Brazil, as well as to product development. The Havaianas is the company’s key brand ...
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Article
Alpargatas’ Q2 sales jump 71%
Alpargatas , the parent company of Havaianas and Osklen , reported sales of 1,095 million Brazilian reais (€177.8m-$209.2m) in the second quarter, up by 71.4 percent on the year earlier and 46 percent higher than the second quarter of 2019, led by growth on international markets, the continued expansion ...
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News briefs
Havaianas sells five NFTs
Havaianas , the flip-flop brand owned by Alpargatas , has sold its first five NFTs (non-fungible tokens), all designed by Adhemas Batista , an artist who hails from São Paulo but lives in Los Angeles. Grouped under the general title Felicidade (Happiness), the blockchain-bound pieces of digital art sold ...
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ArticleAlpargatas posts 33% jump in Q1 sales
Alpargatas , the parent company of Havaianas and Osklen , saw first quarter sales rise by 32.7 percent to 901.3 million Brazilian reais (€137.9m-$165.5m), posting its best first quarter in a decade as growth accelerated both domestically and abroad following the continued easing of Covid-19 lockdown measures. Gross ...
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News briefs
Havaianas in partnership with Fortnite
Havaianas , the flip-flop brand owned by the Brazilian footwear group Alpargatas , has entered into a partnership with the online video game Fortnite released in 2017 by Epic Games and that currently has 350 million players. Thanks to the collaboration, the Havaianas Summer Island will feature ...
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News briefsHavaianas creates international division
The Brazilian footwear group Alpargatas has created an international division for its flip-flop brand Havaianas . The division is based in Spain and run by Frédéric Lévy , a seasoned senior manager. Lévy was previously chief executive and president of Coravin , an America startup manufacturing products for ...
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ArticleBrand reshuffle in the Brazilian footwear industry
An asset reshuffle involving three of Brazil’s leading footwear manufacturers will result in Grendene boosting its women’s collection, Vulcabras Azaleia focusing on sportswear and Alpargatas concentrating on its key brands, including Havaianas .
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ArticleAlpargatas thrives abroad amid challenging context
Despite the economic impact of the coronavirus pandemic, Alpargatas , the parent company of Havaianas and Osklen , managed to grow its revenues abroad in the second quarter. Overall sales declined by 19.6 percent to 680.5 million Brazilian reais (€108.6m-$128.6m), while the gross margin expanded by 2.1 percentage points ...
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News briefs
Havaianas launches first collection for the street
Havaianas , the Brazilian flip flop brand owned by Alpargatas , has launched its first style created for the street rather than the beach in collaboration with the Japanese urban fashion brand mastermind JAPAN . The sandals have a square base, rather than the brand’s traditional rounded shape, a thick ...
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News briefs
Havaianas for healthcare workers
Alpargatas , the Brazilian group that owns the Havaianas brand, has converted its production lines to produce clogs for the medical sector. The company will donate 18,000 pairs of shoes designed for use by healthcare professionals in São Paulo hospitals, made in the Havaianas factories in place of flip-flop ...
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News briefs
Carlos Wizard Martins acquires Alpargatas Argentina
The Brazilian businessman Carlos Wizard Martins has acquired the entirety of Alpargatas S.A.I.C. of Argentina, and with it the worldwide rights to the Topper brand of athletic footwear. The similarly named Alpargatas S.A. will remain a separate operation in Brazil. In September 2018 Wizard Martins paid $24 million for a ...
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News briefs
New GM for southern Europe at Alpargatas
Vittorio Fiorio has been promoted general manager for southern Europe at Alpargatas , the Brazilian shoemaker that owns Havaianas , Osklen and Dupé . He replaces Michele Pittureri , who became vice president in charge of Southern Europe at Global Brands Group . Fiorio served previously as business development director ...
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Article
Alpargatas’ growth softened in Q4
Against the backdrop of a Brazilian economy that grew by just 1.0 percent in 2019, in line with the previous one, Alpargatas ’ consolidated revenues grew by 9.8 percent last year to 3,712 million Brazilian reais (€672.4m-$724.4m), driven by the improvement of Havaianas in international markets. The adjusted net income ...
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