Brazilian footwear and apparel group Alpargatas, owner of flip-flop sandal brand Havaianas, informed its shareholders on April 27 that members of the board of directors have received the resignation letter of Roberto Funari, the company’s CEO. As a result, the board has decided to appoint Luiz Fernando Ziegler de Saint Edmond, a current member of the same board, as CEO on an interim basis. Funari has been with the São Paulo-based company since January 2019. A permanent successor will be appointed in due course, the company said.
Related articles
-
ArticleAlpargatas puts itself in better position with more inventory write-offs
For FY24, the Havaianas parent realized a 73 percent improvement in year-over-year Ebitda to R$342.1 million (€57.0m) as the annual gross margin widened by 290 basis points to 42.9 percent.
-
ArticleAlpargatas turns Q3 profit as international, Rothy’s improve strongly
Alpargatas, the parent company of flip-flop brand Havaianas, is on the right move again.
-
ArticleAlpargatas’ write-offs impact Q4 Ebitda, adjusted gross margins
Write-offs of 64 million Brazilian reais (€12.0m) in raw materials and finished goods affected Q4 adjusted Ebidta at Alpargatas. The Brazilian footwear group ramped up its capital discipline in the latter months of 2023 because of a “significant reduction” in sell-ins, itself due to high levels of inventory at retail. ...
Intelligence, analysis and advice for the global sporting goods industry.
- COPYRIGHT © EDM PUBLICATIONS GMBH
- Contact us
- FAQS
- Terms and Conditions
- Privacy & Cookies Policy
- Impressum
- Issues
- Topics A-Z