Havaianas owner blames operational challenges for 'disappointing

Alpargatas, the owner of Havaianas, has described their 2022 results as disappointing, with a combination of operational challengers and rising costs putting pressure on the flip-flop brand. The company reported a significant drop in the demand for flip-flops, citing high inflation affecting consumers’ disposable income. While, its retail customers were left with higher stock levels […]

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