| Type | Sociedade Anônima |
|---|---|
| Traded as | BM&F Bovespa:ALPA3, ALPA4 |
| Industry | Manufacturing |
| Founded | 1907 |
| Headquarters | São Paulo, Brazil |
| Key people | Márcio Garcia de Souza, (Chairman) Márcio Luiz Simões Utsch, (CEO) |
| Products | Footwear Canvas Retail Textile |
| Revenue | US$ 1.4 Billion (2010)[1] |
| Net income | US$ 193.6 Million (2010) |
| Employees | 18.420 |
| Parent | Camargo Corrêa |
| Subsidiaries | Alpargatas Argentina |
| Website | www.alpargatas.com.br |
Alpargatas or São Paulo Alpargatas (BM&F Bovespa:ALPA3, ALPA4) is the largest Brazilian manufacturing company of footwear, the company also manufactures clothing and sporting goods and canvas and operates in retail sector through MEGGASHOP, a reatil chain that sells all brands produced by Alpargatas. The company its parent of Alpargatas Argentina and a subisidiary of Camargo Corrêa, one of the largest Brazilian conglomerates.
Currently the company operates eight brands, includes Havaianas the largest manufacturer of flip flops of the world.
The company has many Brazilian competitors such as Vulcabrasǀazaleia, Grendene and Penalty.
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Alpargatas was founded in 1907 with the original name of the Fábrica Brasileira de Alpargatas e Calçados, by Scotsman Robert Fraser, from Argentina, in association with British industry. Robert Fraser had set up factories in Alpargatas in Argentina and Uruguay.
It started its production in the district of Mooca in São Paulo. By 1909, the company - with the name of São Paulo Alpargatas Company S.A. - found success in selling its products through the use of sandals and canvas in coffee production.
In the 1930s to share control of the São Paulo Alpargatas was transferred to the Argentine company. However, in 1982, after a gradual process of nationalization of capital began in 1948, the São Paulo Alpargatas ceased to participate in Argentina and went to the control behind the group Camargo Corrêa, its largest shareholder. Overcoming many difficulties over the one hundred years, the company became one of the largest footwear companies in Brazil.
In 2008 it acquired more than 60% of Alpargatas Argentina, its old parent, becoming the largest footwear company in South America.