Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
RIO DE JANEIRO: You'd be hard pressed to find an item more representative of Brazil than Havaianas: those brand name flip-flops adopted by just about every inhabitant, rich or poor, as well as tourists seduced by the beach vibe. Now the footwear find themselves linked with a more somber aspect of Brazil that has been grabbing headlines recently – corruption.J&F had a 54 percent stake in Alpargatas, the parent company of Havaianas.The Brazilian firm now sells more than 150 different models, from the basic beach pair for $5, to ones with tropical motifs and a tiny Brazilian flag for $9, right up to custom Swarovski gem-encrusted luxury options for more than $60 .The company asserts that two-thirds of the people in Brazil – total population 200 million – buy on average one pair of Havaianas a year.
FOLLOW THIS ARTICLE