{"id":184864,"date":"2021-11-02T17:11:50","date_gmt":"2021-11-02T17:11:50","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=184864"},"modified":"2021-11-02T20:24:29","modified_gmt":"2021-11-02T20:24:29","slug":"havaianas-owner-reports-record-revenues-in-q3","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/havaianas-owner-reports-record-revenues-in-q3\/","title":{"rendered":"Havaianas owner reports record revenues in Q3"},"content":{"rendered":"
Brazilian footwear brand Havaianas has reported record revenues for the second quarter in a row, according to its parent company Alpargatas.<\/strong><\/p>\n The company said its net revenue for the nine months to 30 September 2021 reached R$1.062 billion (\u00a3137m), up 12.7% compared with the same period last year.<\/p>\n In the third quarter,\u00a0EBIDTA increased a further four percentage points to R$201m (\u00a325.9m), reflecting a 200% growth on the results for the first nine months of 2020.<\/p>\n Havaianas International also surpassed a milestone of 25 million pairs sold during the first nine months of the year, up 46% compared to the same period in 2020.<\/p>\n Beto Funari, CEO of Alpargatas, said: \"The results express the strength of the Havaianas brand with growth in the international and Brazilian markets. In 2022, we will invest R$600 million in capacity expansions to meet the demand for the Havaianas brand in the coming years.\"<\/p>\n","protected":false},"excerpt":{"rendered":" […]<\/p>\n","protected":false},"author":99,"featured_media":140729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[10488,10585,6],"tags":[18982,11222,9875,16190],"acf":[],"yoast_head":"\n