Articles by Marta De Divitiis
Marta De Divitiis has been working as a fashion's journalist since 1992, and focuses on news and background articles about fashion, beauty and lifestyle. Located in São Paulo, Brazil, she has been a freelance contributor to FashionUnited since June 2019. Marta has a College Degree in History from PUCSP; Post Graduation in Fashion from Anhembi Morumbi and extension courses in Journalim from Senac.
Azzas 2154 reports Q2 drop in revenue and profit
Last week, Brazilian holding company Azzas 2154 presented its results for the second quarter of 2026. Gross revenue fell by 7.1 percent to 3.4 billion reais (656.5 million dollars) compared to the second quarter of last year. This was “mainly impacted by a 13.6 percent drop in sell-in channels.” Gross profit, at 1.5 billion reais, saw a 5.9...
BusinessMemberloading...
Brazilian shopping center company Allos divests São Bernardo Plaza stake
In a market announcement on Thursday evening, August 13, Allos, the largest Brazilian company in the shopping centre sector, reported that it has signed a Memorandum of Understanding (MOU) with XP Malls. The agreement is for the total sale of its 60 percent stake in São Bernardo Plaza Shopping. According to the statement, “the transaction is in...
BusinessMemberloading...
Grendene sells US subsidiary for 3.6 million dollars
In a statement sent to the market and shareholders last Monday, August 10, Grendene, one of the largest footwear manufacturers in the Brazilian and international markets, announced the sale of its US subsidiary, Grendene Global Brands USA, to Pajar USA inc. Upon completion of the transaction, Pajar will control 100 percent of the capital of GGB...
BusinessMemberloading...
Inspiramais: Latin America's leading materials trade show exceeds business expectations
The 34th edition of Inspiramais is the most important materials trade show in Latin America for the footwear, apparel, jewellery, furniture and automotive upholstery industries. The event is expected to generate 61.68 million reais (12 million dollars) in business with the international market alone over the next six months. The estimate comes...
Fairsloading...
Farm Rio: Sale or IPO?
Valued at one billion dollars, Farm Rio, owned by Azzas 2154, surpasses its parent company, which is currently valued at 3.8 billion reais. The Rio de Janeiro-based brand, famous for its colourful prints and elegant casualness, accounts for approximately 40 percent of the group's revenue. As previously reported, the Azzas group hired Morgan...
BusinessMemberloading...
27th edition of DFB Festival concludes, showcasing the best of Brazilian independent fashion
The DFB Festival concluded last Friday, the 12th, in Fortaleza, Ceará (Northeast Brazil). The event, conceived and brought to life by Claudio Silveira, coincided with the 300th-anniversary celebrations of the Ceará state capital. It was a true celebration of Brazilian identity in fashion. Craftsmanship took on a new, revitalised and expressive...
Fashion |In Pictures loading...
Key looks from Rio Fashion Week: spring/summer trends
Rio Fashion Week took place between April 14 and 18 at Pier Mauá, with some off-site shows. The event was promoted by IMM, a sports and entertainment company also responsible for São Paulo Fashion Week (SPFW). From this year, SPFW will be held in the second half of the year, focusing on autumn/winter fashion. Rio will be responsible for...
Fashion |In Pictures loading...
Brazilian shopping centre operator Allos partners with Kinea to create investment fund
Shopping centre operator Allos has signed a memorandum of understanding with investment firm Kinea, securing an agreement that aims to create a real estate investment fund, Kinea Allos Malls Fil, which will be co-managed by both companies. According to the statement, the next step will be to raise funds through a primary share offering. The...
BusinessMemberloading...
Brazilian group Azzas 2154 reports recurring net profit of 168 million reais in Q4
Azzas 2154, listed on the B3 stock exchange as AZZA3, released its fourth-quarter results on Wednesday, March 11. In the last quarter of the year, which focused on adjustments for operational efficiency, the company reported a recurring net profit of 168 million reais (32.04 million dollars). This represents a slight decrease of 0.5 percent...
BusinessMemberloading...
C&A records profit growth, apparel sales rise 9.2 percent in 2025 financial year
On February 24, C&A, a multinational chain of retail clothing stores, released its results for the fourth quarter of 2025. The company recorded a net profit of 313.2 million reais (61.11 million dollars) for the quarter. This represents a 22.9 percent increase compared to the same period last year, which saw a profit of 254.9 million reais. For...
BusinessMemberloading...