Alpargatas
High stock levels weigh on Alpargatas' overall performance
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
Alpargatas posts a decline in revenue and profits
The Brazilian owner of Havaianas announced that it is looking to increase efficiency after posting a decline in revenue and profits in the first quarter of 2023. The company's CEO has resigned
Parent company of Havaianas posts profit loss
The Brazilian Alpargatas reported fourth quarter and full year results below expectations, with inflation eroding consumers’ purchasing power notably in Brazil
Havaianas expands ReCycle initiative in Asia
The Havaianas Asia Pacific (APAC) division has committed to collecting 10% of the total sold flip-flops using Recycle stations in-stores across the region by 2030
Havaianas and MARKET team up on thermos-reactive flip-flops
The Brazilian brand, known for its flip-flops, and the Los Angeles-based streetwear label co-created an exclusive capsule collection that features the very first thermos-reactive sandals
Owner of Havaianas posts a profit decline in the second quarter
The Brazilian Alpargatas announced its second quarter results for 2022. While Havaianas performed well at home, it posted difficulties internationally, especially in the US and China
Havaianas to increase production in Argentina by 80%
The Argentine Grupo Blanco announced that it will increase the production of Havaianas by 80% this year. In addition, it will develop a product line to export to Europe and the US in 2023
Owner of Havainas announces first quarter results
Alpargatas posted revenue growth of 9% in the first quarter of 2022, with Havaianas performing well at home and internationally. Outside Brazil, the EMEA region stood out, with a sales increase of 25%
Owner of Havaianas invests in Rothy’s
The Brazilian company Alpargatas will acquire a stake of 49.9% of the Californian-based sustainable lifestyle brand in a two-step transaction
Owner of Havaianas sells Osklen
The Brazilian manufacturer Alpargatas has received a binding offer for its 60% stake in the brand Osklen. This move is in line with its strategy to focus on Havaianas growth
Havaianas with first production plant outside Brazil
The Argentine Grupo Blanco, which has been distributing Havaianas’ footwear in the country for the past four years, will now begin manufacturing it
Alpargatas to acquire Ioasys
Alpargatas informed the market about the signature of a Memorandum of Understanding with binding effect, with the partners of Ioasys for the acquisition of 100% of its capital
Alpargatas’ net revenue up by 11.4%
Alpargatas’ net revenue topped 1 billion Brazilian Reais in the third quarter, up by 11.4% on a year-on-year basis
Alpargatas downsizes business in Argentina
The Brazil-based footwear manufacturer sold its operations in Argentina. The amount of the deal should amount to roughly 3.3 million euros (14 million Brazilian reais)
Havaianas and Inditex team up for the summer
Spanish-based Inditex group is setting a partnership with Havaianas, the famous flip-flop brand owned by Grupo Alpargatas, in a multi-brand collaboration with its young fashion labels Pull&Bear and Stradivarius-
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