Alpargatas, the Brazil-based footwear and apparel company, reported that its flip flop brand Havaianas achieved record net earnings of 3.1 billion
This week, the owner of Coach and Kate Spade named Joanne Crevoiserat as its new chief, while Jen Sey was named brand president amid an executive reshuffle at the American denim company.
Disruptions caused by Covid-19 have redoubled concerns about vulnerabilities in fashion’s manufacturing base, accelerating efforts to build more resilient and efficient operations.
Brazil’s billion-dollar footwear industry bucked the recession and keeps on rising despite continued economic and political turmoil.
The biggest global sportswear brands are gearing up for the world’s biggest sporting event in its most photogenic and body-conscious city. How will they tap the opportunity?