All Havaianas articles
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ArticleAlpargatas’ Q4 results hit by write-offs
Write-offs totalling 64 million Brazilian reais (€12.0m) in raw materials and finished goods affected fourth-quarter adjusted Ebitda at Alpargatas. The Brazilian footwear group ramped up its capital discipline in the latter months of 2023 because of a “significant reduction” in sell-ins, itself due to high levels of inventory at retail. ...
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ArticleAlpargatas still plagued by inefficiencies, high inventory levels
Alpargatas, the Brazilian parent of flip-flop brand Havaianas and the Rothy’s footwear brand, continues to be challenged by high inventory levels in the South American market and inefficiencies in its overall operation that are impacting sales, margins and profitability. The group reported a 53.1 million Brazilian reais (€9.9m) consolidated net ...
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Havaianas renews eyewear license with Safilo
Alpargatas, the Brazilian footwear group, has renewed the license agreement between its brand Havaianas and the Italian eyewear manufacturer Safilo. Under the agreement, Safilo has the right to design, produce and distribute frames for corrective eyewear and sunglasses under the Havaianas brand until Dec. 31, 2028. Safilo first announced its ...
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ArticleAlpargatas looks to boost efficiency, seeks new CEO as sales and margins decrease in Q1
Alpargatas reported a decline in sales volumes, revenues and margins in the first quarter of 2023, as it focuses on boosting operational efficiencies amid a “challenging” demand scenario and persistent inflation. The Brazilian owner of the flip-flop sandal brand Havaianas is also looking for a new CEO following the resignation ...
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ArticleAlpargatas swings to Q4 loss as inflation erodes purchasing power
Alpargatas, the Brazilian owner of the flip-flop sandal brand Havaianas, reported a decline in sales volumes and a bottom-line loss in the fourth quarter of 2022, rounding out a year that fell short of management expectations as inflation cut into households’ disposable income. In January, overall annual inflation in Brazil ...
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News briefs
Havaianas releases app for custom flip-flops
According to Lorena, Havaianas is celebrating its 60th anniversary with the release of an app that will enable customers to customize the flip-flops they purchase through it. Limited to the Brazilian brands’ two most traditional models, the Top and the Slim, the service covers prints and color combinations for straps ...
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New management at Havaianas’ European hub
Havaianas has made several changes to the executive suite at its European hub in Madrid, according to Modaes. The Alpargatas-owned brand has promoted Vanessa Sosa, a 12-year brand veteran formerly with Tommy Hilfiger, from head of Spain to sales director for Europe, the Middle East and India. To succeed Sosa ...
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Havaianas expands its flip flop ReCycle program in Asia
Havaianas has pledged to collect 10 percent of the total sold flip flops sold in its APAC locations by 2030, according to Inside Retail Asia Edition. Following on from its successful ReCycle initiative in Australia, launched in October 2021, Havaianas Asia Pacific is extending the initiative across APAC locations. In-store ...
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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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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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Havaianas launches a sneaker line
Havaianas, the flip-flop brand owned by the Brazilian footwear company Alpargatas, launched the sneaker collection Havaianas TNS. The new line can be viewed in a 36-minute show broadcast on YouTube. The sneakers will be gradually rolled out worldwide and are scheduled to reach Europe in the spring of 2022. ...
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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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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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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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ArticleLGBTQ collections become mainstream for the fashion, sportswear industry
The LGBTQ (lesbian, gay, bisexual, transexual and queer) fashion market has been growing over the last decade. In recent years, an unprecedented number of mainstream brands have begun to release LGBTQ collections.
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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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Havaianas diversifies
Havaianas has launched a full-fledged collection of beachwear, T-shirts and other textile products for spring/summer 2020 on its website in Europe. The Brazilian brand of rubber shoes has also teamed up with Eastpak on a range of co-branded products. The collaboration has resulted in four items in the ...
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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 ...
