In the quarter, Havaianas net sales reached 1 billion Brazilian real, a growth of 16.1 percent or 12.9 percent in constant currency. The company said in a release that the Brazilian operation reported ...
Yet Brazil's Havaianas brand took the humble flip-flop to new heights. The company behind them was sold earlier this week for $1bn (£780m). Selling about 200 million pairs every year, it had ...