Arezzo reaches new heights

18/05/2022
Arezzo reaches new heights
Brazilian footwear, fashion and leathergoods group Arezzo has revealed that it exceeded record-level revenues during the first quarter (Q1), achieving 1.042 billion Brazilian reais or roughly $210 million over the three-month period. 

This figure had only previously been reached by the firm during the fourth quarters of 2021 and 2020, it said. Alongside banner brand Arezzo, the group owns shoe companies including Schutz and Alexandre Birman. 

Across its brands, Arezzo sold around 4.7 million pairs of shoes over the quarter, representing a 40% year-on-year increase. The São Paulo-based group also logged 925 retail stores at the end of Q1, 914 of which are located in Brazil.  

Image: Arezzo.