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Alpargatas, the parent of Havaianas, is reaping the benefits of a three-year-old international expansion strategy, despite the impact of Covid on cross-border travel. In the year to December, Alpargatas recorded sales of US$739 million, a 25.7-per-cent…
J&F Investimentos has agreed to sell a controlling stake in Havaianas flip-flop maker Alpargatas to the investment firms of Brazil’s most prominent banking families for 3.5 billion reals (US$1.1 billion), according to securities filings. Under terms of the…
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