Cultural roots are the inspirational starting point for footwear brands in Portugal. Lazuli, Pelcor, rutz and Green Boots are examples of this recent trend
The company reported consolidation of net sales for the first quarter (0.4% change over the previous year). Net income improved from a 10.8 million USD loss in 2013 to a 15.4 million USD earning in 2014
The soles of the shoes are made from Amazonian wild rubber from the Sky Rainforest Rescue project area and the line is launched in collaboration with Veja
With this operation the U.S. based private equity firm takes on its portfolio of investments one of the leading companies in the comfort footwear business