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Havaianas (stylized in all lowercase) is a Brazilian brand of flip-flop sandals created and patented in 1962. The brand was founded by Brazilian manufacturer Alpargatas S.A. . Inspired by the Japanese zori sandals, Havaianas became the first mass-produced flip-flops made out of rubber. [ 1 ]
Alpargatas' main product is Havaianas, one of the largest Brazilian brands of rubber flip-flops introduced in 1962 and inspired on the Japanese Zori sandals. [3] [4] Other products manufactured by Alpargatas S.A. include handbags, shoes, and sneakers, commercialised under its brands.
Netshoes is a Brazilian e-commerce sporting goods conglomerate, established in February 2000 by Marcio Kumruian and Hagop Chabab. Netshoes maintains distribution centers in Brazil and manages the official stores of the Corinthians, São Paulo Futebol, Palmeiras, Cruzeiro, Clube de Regatas Vasco da Gama, Coritiba, Cruz Azul, Chivas, Monterrey, River Plate, San Lorenzo and América of México ...
The modern sandals are made of more modern materials, such as rubber, foam, plastic, leather, suede, and even fabric. [13] Flip-flops made of polyurethane have caused some environmental concerns; because polyurethane is a number 7 resin , they can't be easily discarded, and they persist in landfills for a very long time. [ 27 ]
Alpargatas S.A., the largest footwear company in Brazil and manufacturer of Havaianas flip-flop sandals, is a subsidiary of J&F Investimentos. [4] [11] As of August, 2016, J&F Investimentos owned 6.99% of the common shares of Alpargatas. [12]
In December 2021, Alpargatas, the Brazilian owner of Havaianas, invested $200 million in cash, followed by a purchase of $275 million of shares, acquiring a 49.9% stake in the company and resulting in a valuation of $1 billion. [10] As of September 2022, the company had resolved litigation against Birdies, Steve Madden, OESH Shoes and Giesswein.
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