World Footwear

Alpargatas

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

Alpargatas posts a decline in revenue and profits

May 10, 2023 / Brazil
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

Feb 22, 2023 / Brazil
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

Nov 30, 2022 / Brazil
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

Sep 19, 2022 / Brazil
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

Aug 11, 2022 / Brazil
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%

Jul 25, 2022 / Argentina
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

May 13, 2022 / Brazil
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

Dec 27, 2021 / Brazil
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

Nov 19, 2021 / Brazil
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

Nov 10, 2021 / 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

May 7, 2021 / Brazil
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%

Nov 12, 2019 / Brazil
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

Jul 25, 2019 / 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

Apr 11, 2019 / Brazil
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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