From Yahoo Finance: 2025-06-13 16:32:00

Alpargatas S.A., owner of Havaianas, signed an exclusive distribution agreement with The Eastman Group for the North American market. This shift in operating model focuses on brand building and cost efficiency. The agreement spans four years with a potential extension based on performance metrics. Equity analyst Pedro Baptista sees this as a strategic move for Alpargatas in North America, especially after a failed direct distribution model in the U.S. Eastman Group’s portfolio includes Hurley, Eddie Bauer, and Chaps. Alpargatas also holds a 49% stake in Rothy’s with an option to acquire more shares in 2025.



Read more at Yahoo Finance: Alpargatas Inks Deal With The Eastman Group For Havaianas In North America