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Havaianas is to Brazil what Apple is to the United States. Dominique V. Riding this popularity, Alpargatas S. So why was the company sold Brains Brazil seeks a distressed transaction less than a year later?

When this edition of AQ went to press, the company had not yet reported its financial statements. But many were predicting grim results. The falling real which has lost nearly half its value since mid and relatively strong prices abroad for its food products Brainw the low prices for oil and metals means Brains Brazil seeks is effectively paying its Brazilian workers less in dollar terms Brains Brazil seeks profiting more in real terms.

JBS is one of few Brazilian companies able to make acquisitions right now. Those buying up Brazilian assets are typically foreign and increasingly Japanese and Chinese, according to Tanabe, who sees the heaviest deal-making happening in the distressed sectors of oil and gas, construction Brains Brazil seeks engineering, and real estate.

Other deals have included U. Havaianas, for one, felt a 7.

Brazil Seeks To Bypass Fingerprinting - The New York Times

On the other hand, the path to an eventual recovery probably lies with companies like Havaianas that represent the best of Brazilian creativity and entrepreneurship. The region's biggest story of the decade, China's increasing footprint in Latin Brains Brazil seeks, may also be the most misunderstood.

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Search form Search. Our Staff Masthead Advertise Contact. The sale of iconic Brazilian sandal-maker Havaianas underscores who is selling and who is shopping in a distressed economy.

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