Tag: Alpargatas

Retail Asia15/02/2022
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2min0
Alpargatas, the parent of Havaianas, is reaping the benefits of a three-year-old international expansion strategy, despite the impact of Covid on cross-border travel. In the year to December, Alpargatas recorded sales of  US$739 million, a 25.7-per-cent improvement in 2020. Outside its home market of Brazil, net revenue climbed 41.5 percent US$227 million. “The numbers are […]

Retail Asia17/07/2017
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3min0
J&F Investimentos has agreed to sell a controlling stake in Havaianas flip-flop maker Alpargatas to the investment firms of Brazil’s most prominent banking families for 3.5 billion reals (US$1.1 billion), according to securities filings. Under terms of the deal, Cambuhy Investimentos, Itausa Investimentos and the fund Brasil Warrant will split J&F’s 86 per cent stake […]


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