World Footwear

Brazil

Owner of Havaianas appoints new CEO

Jan 5, 2024 / Brazil
The Brazilian Alpargatas has appointed Liel Miranda as Chief Executive Officer, effective from the 1st of February. He joins the company from Mondelez International’s Brazil business unit

Overturned veto on payroll tax exemption cheers the Brazilian footwear sector

Dec 21, 2023 / Brazil
The overturning of President Lula’s veto of the bill to extend the payroll tax exemption until 2027 in the National Congress on the 14th of December has lifted the spirits of the footwear sector

Expectations rise for the next edition of Fimec

Dec 19, 2023 / Brazil
The organisers of the “largest leather-footwear trade fair in Latin America” say that the next edition, to be held from the 12th to the 14th of March, “will be the biggest in recent years”

First edition of BFSHOW expected to generate over 65 million USD in international deals

Dec 13, 2023 / Brazil
The first edition of this footwear trade fair brought more than 150 importers in the industry from 100 countries to Brazil and is expected to generate over 65 million USD in international deals

World Footwear Voices: interview with Haroldo Ferreira from ABICALÇADOS

Premium ContentDec 11, 2023 / World Footwear Voices
Today we bring you a conversation with Haroldo Ferreira, Executive President of ABICALÇADOS, the Brazilian Footwear Industry Association. This is the first episode of the new World Footwear Voices

Alpargatas reports decline in net revenue

Nov 28, 2023 / Brazil
The parent company of Havaianas reported a net revenue fall of 17.8% in the third quarter of 2023, as compared to the same period of last year, due to a significant drop in volumes sold

Brazilian footwear industry regrets presidential veto to maintain payroll tax exemption

Nov 27, 2023 / Brazil
National footwear manufacturers were surprised by President Lula da Silva's veto to maintain the payroll tax exemption policy and expect a loss of 20 000 jobs in 2024 in the industry

Owner of Melissa and Ipanema delivers weak third quarter performance

Nov 10, 2023 / Brazil
The Brazilian Grendene posted a revenue decline in the third quarter of 2023, as unfavourable domestic macroeconomic conditions and the global economic slowdown continue to impact consumer demand

Argentina surpasses the US as the main destination for Brazilian footwear

Oct 16, 2023 / Brazil
In a year when Brazilian footwear exports slowed down due to the difficult international economic context, Argentina surpassed the US as the main destination for yellow and green footwear

Rising imports worry the Brazilian footwear industry

Sep 25, 2023 / Brazil
In August, Brazilian footwear imports grew by 62% in volume and 42% in value, on a comparable basis to the same month of 2022. Asia already accounts for 85% of the total, says Abicalçados

Grendene's sales decline in the second quarter

Sep 1, 2023 / Brazil
Despite posting a weak second quarter performance in 2023, the Brazilian owner of the Melissa and Ipanema brands is pleased with its first half and confident for the remaining year

High stock levels weigh on Alpargatas' overall performance

Aug 28, 2023 / Brazil
The owner of Havaianas and Rothy's posted a revenue and profits decline in the first half of 2023 due to high inventory levels, as well as inefficiencies in its overall operation

New growth forecast for the Brazilian footwear industry

Aug 23, 2023 / Brazil
The Brazilian Footwear Industries Association (Abicalçados) has revised the footwear sector's growth in production for 2023 to 2.1%, as compared to the previous forecast of 1.7%

International economic context weighs on Brazilian footwear exports

Aug 14, 2023 / Brazil
Falling global growth rates and high inflation continue to affect the performance of Brazilian footwear exports, which have been declining in both volume and value in the past months

New tax exemption puts 30 000 jobs at risk in the Brazilian footwear industry

Aug 10, 2023 / Brazil
The warning comes from Abicalçados, which voiced concern over the exemption of tax payments for large international platforms for the entry of products in the range of up to 50 US dollars
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