Brazil · Companies & Retail
Key Facts
—A national brand seeks court protection. Estrela, the 88-year-old maker of childhood classics like Banco Imobiliario and Genius, has filed for judicial recovery, Brazil’s court-supervised restructuring process.
—Not its first time. The company has been through judicial recovery twice before, in 2004 and 2008, making this its third trip to the restructuring courts.
—Years of losses. Estrela posted a net loss of about R$24.3 million ($4.8 million) in 2024, hurt by an inability to scale production for the crucial Christmas season.
