Alpargatas news and archive

Havaianas faces boycott calls over political advertisement in Brazil

Rio de Janeiro, Brazil— The famous flip-flop brand Havaianas is facing calls for a boycott from Brazilian political figures. The calls follow an advertisement deemed to be anti-right-wing ahead of next year's presidential election. In a video posted on the brand's social media accounts, Fernanda Torres asks the public “not to start 2026 on the...

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Business

Alpargatas concludes 21.8 percent stake sale in Topper

Alpargatas S.A. has announced the completion of 21.8 percent stake in ASAIC comprising the Topper brand in Argentina to Carlos Roberto Wizard Martins. The company said in a statement that the aforementioned interest was adjusted based on foreign exchange variation, and that it has received the first instalment of 28 million Brazilian real...

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Brazilian J&F sells Havaianas maker for 850 million pounds

London - Alpargatas, the company behind the iconic Brazilian flip-flop brand Havaianas, has been sold for 1.1 billion US dollars (850 million pounds). J&F Investimentos SA has agreed to sell its controlling stake in the flip-flop manufacturer to three investment firms held by some of Brazil's leading banking families. Scandal owner J&F sells...

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Business

Brazilian J&F sells Havaianas maker for 850 million pounds

London - Alpargatas, the company behind the iconic Brazilian flip-flop brand Havaianas, has been sold for 1.1 billion US dollars (850 million pounds). J&F Investimentos SA has agreed to sell its controlling stake in the flip-flop manufacturer to three investment firms held by some of Brazil's leading banking families. Scandal owner J&F sells...

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Fashion

Latin America: Land of Big Opportunities

With the 2016 Summer Olympics Games just around the corner the Latin American market is under the looking glass, creating new opportunities for fashion businesses both domestic and from abroad. FashionUnited takes a closer look at fashion companies to watch in Latin America. Changing dynamics of the Latin American fashion retail After the...

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