Arezzo enters the US.

South American Business Information | July 2, 2003 | Copyright

Brazil, Jul 2, 2003 (Gazeta Mercantil/SABI via COMTEX)

The Brazilian shoes franchise chain Arezzo aims to open its first store in the US, in New York. Currently, Arezzo has 198 stores in Brazil, and each unit sells 14,000 pairs of shoes per year. The production is outsourced and the chain has nearly 70 suppliers. Arezzo had a turn over of R$220mil in 2002. The goal is to boost the sales in at least 10% and the number of stores might reach ...

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