Alpargatas S.A. is one of the largest
Brazilian manufacturing company
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range ...
in the
footwear
Footwear refers to garments worn on the feet, which typically serves the purpose of protection against adversities of the environment such as wear from ground textures and temperature. Footwear in the manner of shoes therefore primarily serves th ...
s and
canvas
Canvas is an extremely durable plain-woven fabric used for making sails, tents, marquees, backpacks, shelters, as a support for oil painting and for other items for which sturdiness is required, as well as in such fashion objects as handbags ...
s business.
Its main product is ''
Havaianas
Havaianas (stylized as havaianas) is a Brazilian brand of flip-flop sandals created and patented in 1962. It is currently owned by Brazilian manufacturing company Alpargatas S.A. Inspired by Japanese zori sandals, Robert Fraser became the first t ...
'', one of the largest Brazilian brands of rubber flip-flops, since 1962.
History
It was founded in
1907
Events
January
* January 14 – 1907 Kingston earthquake: A 6.5 Mw earthquake in Kingston, Jamaica, kills between 800 and 1,000.
February
* February 11 – The French warship ''Jean Bart'' sinks off the coast of Morocco. ...
, under the original name of ''Fábrica Brasileira de Alpargatas e Calçados'', by Robert Fraser (from
Scotland
Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the ...
and
Argentina
Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...
), in association with an English company. Fraser had also established Alpargatas factories in Argentina and Uruguay.
It started production in the
Mooca district of
São Paulo (city)
São Paulo (, ; Portuguese for 'Saint Paul') is the List of largest cities in Brazil, most populous city in Brazil, and is the capital of the São Paulo (state), state of São Paulo, the List of Brazilian states by population, most populous and ...
. Already in 1909, the company - under the name ''São Paulo Alpargatas Company S.A.'' - found success in selling its products thanks to the use of
sandals
Sandals are an open type of footwear, consisting of a sole held to the wearer's foot by straps going over the instep and around the ankle. Sandals can also have a heel. While the distinction between sandals and other types of footwear can some ...
and canvas in coffee production.
In the 1930s, shareholding control of São Paulo Alpargatas was transferred to the Argentine company. However, in 1982, after a gradual process of nationalization of capital started in 1948, São Paulo Alpargatas ceased to have Argentine participation and passed to the control of the
Camargo Corrêa Camargo may refer to:
Places
Bolivia:
* Camargo, Chuquisaca
Brazil:
* Camargo, Rio Grande do Sul
Mexico:
* Camargo, Chihuahua
* Camargo, Tamaulipas
Spain:
* Camargo, Cantabria
United States of America:
* Camargo, Illinois
* Camargo, Kentucky ...
group, its largest shareholder.
In
October
October is the tenth month of the year in the Julian and Gregorian calendars and the sixth of seven months to have a length of 31 days. The eighth month in the old calendar of Romulus , October retained its name (from Latin and Greek ''ôct ...
of
1999
File:1999 Events Collage.png, From left, clockwise: The funeral procession of King Hussein of Jordan in Amman; the 1999 İzmit earthquake kills over 17,000 people in Turkey; the Columbine High School massacre, one of the first major school shootin ...
, it acquired more than 3% of
Alpargatas Argentina
Alpargatas Argentina is the leading textile manufacturer in Argentina, as well as a major local distributor and exporter. Originally established in Argentina in 1883, since 2008 the company is a subsidiary of Brazilian Alpargatas S.A., formerly pa ...
, its former parent company, becoming the largest footwear company in South America, and in
April
April is the fourth month of the year in the Gregorian and Julian calendars. It is the first of four months to have a length of 30 days, and the second of five months to have a length of less than 31 days.
April is commonly associated with ...
of
2013
File:2013 Events Collage V2.png, From left, clockwise: Edward Snowden becomes internationally famous for leaking classified NSA wiretapping information; Typhoon Haiyan kills over 6,000 in the Philippines and Southeast Asia; The Dhaka garment fact ...
it bought all the shares of the Argentine
subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...
.
In 2012, Alpargatas updated its
logo
A logo (abbreviation of logotype; ) is a graphic mark, emblem, or symbol used to aid and promote public identification and recognition. It may be of an abstract or figurative design or include the text of the name it represents as in a wordma ...
.
On November 2, 2015, Alpargatas sells the
Topper and
Rainha
Rainha is a Brazilian sports equipment manufacturing company based in São Paulo.[Carlos Wizard Martins
Carlos Wizard Martins (born 1956) is a Brazilian entrepreneur and founder of Grupo Multi, a company that offers franchises for English courses. Grupo Multi was bought out by Pearson in 2013.
Biography
He was born in Curitiba, Paraná, Brazil ...]
for 48.7 million
reais
The Brazilian real ( pl. '; sign: R$; code: BRL) is the official currency of Brazil. It is subdivided into 100 centavos. The Central Bank of Brazil is the central bank and the issuing authority. The real replaced the cruzeiro real in 1994.
A ...
.
In November 2015, the Camargo Correa group sold Alpargatas to the
J&F Investimentos
J&F Investimentos SA is a private investment holding company that was founded in 1953 and is based in São Paulo, Brazil. The company is involved in myriad business endeavors, such as agribusiness, manufacturing, marketing and sales, electricit ...
conglomerate, owner of the
JBS S.A.
JBS S.A. is a Brazilian company that is the largest meat processing company (by sales) in the world, producing factory processed beef, chicken and pork, and also selling by-products from the processing of these meats. It is headquartered in São ...
food company, for 2.67 billion reais.
On
July 12
Events Pre-1600
* 70 – The armies of Titus attack the walls of Jerusalem after a six-month siege. Three days later they breach the walls, which enables the army to destroy the Second Temple.
* 927 – King Constantine II of ...
of
2017
File:2017 Events Collage V2.png, From top left, clockwise: The War Against ISIS at the Battle of Mosul (2016-2017); aftermath of the Manchester Arena bombing; The Solar eclipse of August 21, 2017 ("Great American Eclipse"); North Korea tests a ser ...
, the companies Cambuhy Investimentos and Brasil Warrant
[ (both owned by the Moreira Salles family) and the ]Itaúsa
Itaúsa is a Brazilian multinational conglomerate holding company headquartered in São Paulo, Brazil. It is one of the largest private conglomerates in Brazil, and one of the largest in the world. The company controls several companies active i ...
holding purchased Alpargatas for 3.5 billion reais.[{{cite web, url=http://veja.abril.com.br/economy/jf-fecha-venda-da-alpargatas-por-r-35-bilhoes/, title=Grupo J&F closes sale of Alpargatas for R$3, 5 billion, author=Reuters, date=July 12, 2017, publisher=Veja, accessdate=July 12, 2017][{{cite web, url=http://economia.estadao.com.br/noticias/negocios,jef-fecha-venda-da-alpargatas-por-r-3-5-bilhoes,70001887745, title=Grupo J&F fechar venda da Alpargatas por R$ 3,5 billion, author=Fernando Scheller, date=July 12, 2017, publisher=Estadão, accessdate=July 12, 2017] The acquisition was approved by the Administrative Council for Economic Defense The Administrative Council for Economic Defense (in Portuguese, ''Conselho Administrativo de Defesa Econômica'', often referred to as Cade or CADE) is Brazil's national competition regulator and an agency of the government of Brazil. Its stated goa ...
also in 2017.[{{cite web, url=https://g1.globo.com/economia/negocios/noticia/cade-aprova-venda-da-alpargatas-do-grupo-jf-para-donos-do-itau.ghtml, title=Cade approves sale of Alpargatas from J&F group to Itaú owners, author=Redação]
See also
*Associação Athletica São Paulo Alpargatas
Club Athletico Albion, C. A. Albion or simply CA Albion was a Brazilian football club based in São Paulo. The club won one Campeonato Paulista First Division in 1933 and three Second Division titles, before being dissolved in 1936.
History
...
{{Brazil-company-stub
References
{{reflist
External links
*{{website, http://www.alpargatas.com.br
Companies established in 1907
Shoe companies of Brazil