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Brazilian Footwear Major Arezzo & Co Reports Strong 2022 Revenue Growth

The conglomerate's results were boosted by a return to physical retail. Arezzo & Co.
Arezzo & Co's portfolio includes brands Arezzo, Schutz, Anacapri, Alexandre Birman, Fiever and Alme. (Arezzo & Co.)

The footwear and accessories conglomerate recorded full year 2022 gross revenues of 5.2 billion reais ($1.01 billion), a 43.5 percent increase from the previous year. Adjusted net revenues grew by 44.8 percent year on year, reaching 4.23 billion reais ($822.3 million).

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