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Arezzo acquires Italian footwear label Paris Texas

Arezzo, the Brazilian footwear conglomerate, has taken a majority stake in buzzy shoe label Paris Texas. Arezzo & Co. invested 25 million euros to acquire 65 percent of the Italian label founded in 2015, according to Footwear News. Sales by the young company are thought to be around 15 million euros in 2022. Paris Texas was launched Annamaria...

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BusinessFeatured

Inside Arezzo the 50-year old Brazilian shoe factory

Arezzo & Co annually sells around 30 million products. A domestic shoe powerhouse, its production headquarters outside Porto Alegre in Brazil’s southernmost state of Rio Grande Do Sul employs 800 workers and there are several other operations throughout the country. Currently the Arezzo portfolio contains 16 brands spanning diverse levels of...

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