Havaianas, the world’s most renowned slipper, arrives in India
More than US$ 20 Million will be
invested by 2024 to bring the number one slipper in the world
Mumbai,
March 28, 2019 - Havaianas,
the iconic, durable and comfortable slipper, launched in Brazil in 1962,
continues its international expansion with its arrival in India. Alpargatas
S.A. and Shoezone Lifestyle LLP have formed a joint venture partnership, to
bring in the world´s most famous slipper.
Under this JV the company plans to invest more than US$ 20 Million
behind Havaianas in the next 5 years to conquer the Indian consumers. Havaianas
plans on aggressively focusing on 10 top cities to speed up the distribution
and achieve its full potential.
The first
locations chosen for the mono-brand stores include the most relevant and
trend-oriented cities in India: Mumbai, Bangalore, Goa, Chennai, Pune and
Cochin. This will be accompanied by intensive cross-platform marketing and PR
campaigns. Havaianas will be available in the most relevant distribution
channels for the local consumers: shoe specialist, department stores and
e-commerce platforms.
The project
to bring Havaianas to India is being led by a JV between Alpargatas S.A. and
Shoezone Lifestyle LLP (Alpargatas India Fashions Private Ltd) : combining the
high product quality, diverse product portfolio and strong brand equity of
Havaianas, with the solid retail, market know-how, consumer understanding and proven execution capabilities, of
Shoezone Lifestyle LLP. Both
partners are fully committed to ensuring the same success story of other
international markets, where Havaianas introduces consumers to a whole new
concept in slippers: not just functional slippers, but in fact the perfect
combination of “comfort and style” to be adopted as a true “fashion accessory”.
Speaking
about the recently formed JV, Roberto Funari, CEO, Alpargatas S.A., said, “This
is going to be a radical change in the way Indian consumers perceive and wear
slippers today. We believe Havaianas will become a love brand – as it is in so
many markets, and our product portfolio will offer consumers the possibility of
being aligned with the latest fashion trends
with extreme comfort”.
The iconic
brand, available in a variety of shapes, colors and prints are already the
preferred slipper in many markets like Italy, UK, France, Australia and, of
course, Brazil. Havaianas now brings the fun, energy, color and holiday spirit
to the Indian consumers. With its warmer
(slipper-friendly) climate and a very well-developed usage habit, Havaianas is
bound to be a hit with consumers.
A diverse
portfolio of more than 120 styles and 350 colours will be available to “wow”
consumers from all genders and ages, including international consumers
favorites such as Havaianas St Tropez, Havaianas Slim Metal Logo, Havaianas
You, Havaianas Urban and some of the many licensed styles such as Star Wars,
Harry Potter, Mickey Mouse, Spider-Man and Mario designs.
Havaianas, which releases a collection every
year is currently selling the 2019 range and will soon release its 2020
collection.
About Alpargatas: As the Latin American footwear industry leader, Alpargatas owns renowned
brands, such as Havaianas, Dupé and Osklen, and also detains the legal selling
rights for Mizuno in Brazil. The Company offers innovative products with high
technology and cutting-edge design, and is fully qualified to build and manage
desirable brands, which promote solid and long-lasting consumer relationships.
With net revenues totaling US$: 1.0 billion in 2018, Alpargatas has
manufacturing units in Brazil and Argentina, 817 stores worldwide, and exports
its products to 116 countries.
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