Vulcabras Takes Over Alpargatas’ Mizuno License
Vulcabras Azaleia, which inked a deal to distribute Under Armour in Brazil last year, will take over the Mizuno license from Alpargatas for Brazil and Argentina, a business worth about BRL 444 million ($79.8 mm). Vulcabras, which also sells its own Olympikus athletic brand, will exit the small women’s Azaleia business to focus on sneakers. It paid BRL 32.5 million ($5.8 ... Log in to view full article.