Brazil’s Shoemaker Giant Grendene Sells to 85 Countries

Grendene, the greatest shoe manufacturer in Brazil, plans on exporting to another two Arab countries, Algeria and Libya. The information was disclosed by the company Investor Relations manager, Doris Wilhelm.

The company has traded in the Arab market for seven years, selling to Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Morocco, Lebanon, Bahrain, Egypt and Oman. According to Doris, the Arab market is attractive and “has a good growth potential”.


The first contacts with the Arabs were made during trade fairs in Brazil and abroad. The company participates in many events in the shoe sector in Europe and the United States.


The products that are most successful with the Arabs are the flip-flops of the Rider line and sandals of the Grendha line.


In 2004 the company exports total led about 20% of production – of 145.3 million pairs – and 15% of their gross revenue, US$ 638 million. In this period, sales to the Arab countries represented 1.04% of the export volume and 1.10% of revenues.


The expansion of the Arab market is part of the company growth strategy, which according to Doris, plans on increasing exports significantly this year. However, the company doesn’t disclose its growth aims since it is an open capital company, with shares negotiated on the São Paulo Stock Exchange.


To conquer new clients, the company takes part in fairs, such as Couromoda and Francal, in Brazil, Exporiva and Micam, in Italy, Ispo Winter and GDS in Germany, WSA and FFNY, in the United States.


However, they still have not participated in events in Arab countries. “We have made some studies, but we haven’t participated. The majority of clients in the region visit the fairs in Europe,” states Doris.


From Farroupilha to the World


The history of Grendene began as a small plastic packaging company in Farroupilha, in the interior of the southernmost Brazilian state of Rio Grande do Sul.


Little by little, the company founders, Alexandre and Pedro Grendene Bartelle transformed the factory into one of the largest producers of synthetic shoes in the world.


The company has 21% of the market share in Brazil and is responsible for 14% of the Brazilian shoe export volume. They currently have five production units, in Sobral, Fortaleza and Crato, in the northeastern Brazilian state of Ceará, and in Carlos Barbosa and Farroupilha, in Rio Grande do Sul. The group currently employs 23,000 people and has an installed production capacity of 176 million pairs of shoes a year.


Among the main Grendene brands are Rider, Grendha, Melissa, Ipanema and Grendene Kids. The company sells to a varied public, of all ages and social classes. They sell to around 85 countries.


Anba – www.anba.com.br

Tags:

Ads

You May Also Like

Brazil: Ex-Chief Justice Assails Lula

Recently retired from the presidency of Brazil’s Supreme Court, Maurício Corrêa is pulling no ...

LETTERS

Basic education in Brazil is in chaos. A little more than 30% of students ...

Brazil’s Embraer 195 Is Now FAA Certified

The US Federal Aviation Administration (FAA) has issued the type certificate for the Embraer ...

The Political Hurricane Is Over. Brazil Needs a More Responsible Media Now.

On Friday (August 26), in Quixadá, in the northeastern state of Ceará, President Luiz ...

Nightmare in Rio

In his maiden trip to Brazil this tourist, in an eventful week, was menaced ...

Brazil’s 10-Million Ad Blitz to Make Chicken into a National Symbol

A US$ 10 million campaign is being elaborated by advertising agency Young & Rubicam ...

Doha Trade Negotiations Collapse. Brazil and US Blame Each Other

Disappointed with the World Trade Organization talks collapse over farm subsidies by the US ...

Brazil’s Eletrobrí¡s Makes US$ 507 Million, a 261% Rise

Brazil's state-owned Eletrobrás Group, which operates in the field of power generation and supply, ...

Dialogue Is Dead, Say Brazilian Indians

Sluggish, aligned with contrary interests, and marked by inaction. These were some of the ...

Brazil Risk Falls to Record Low, But It’s Still Three Times Higher than Mexico’s or Russia’s

There are indices that reflect a country’s economic situation. One of the most popular, ...