Brazil · Companies & Retail
Key Facts
—A 60% collapse. Shares in Azzas 2154, Latin America’s largest fashion-brand group, have lost about 60% of their value since the 2024 merger that created it.
—A Hollywood-facing brand. Its labels dress the famous; Meryl Streep wore its Schutz heels to a film premiere, and its winter campaign featured Sarah Jessica Parker.
—A founder feud in the open. The two architects of the deal, Alexandre Birman and Roberto Jatahy, are now in a court dispute over how to run the company.
