BVMF
GRND3
Market cap652mUSD
Jul 09, Last price
3.80BRL
1D
2.70%
1Q
-21.16%
Jan 2017
-30.53%
IPO
83.57%
Name
Grendene SA
Chart & Performance
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Profile
Established in Sobral, Brazil, in 1971, Grendene S.A. is a prominent footwear enterprise. The company is actively involved in the creation, production, and worldwide distribution of shoes designed for women, men, and children, concentrating heavily on the Brazilian market. Its diverse brand lineup includes popular names such as Melissa, Rider, Grendha, Ipanema, Ilhabela, Zaxy, Cartago, Pega Forte, Grendene Kids, and Zizou. Grendene also holds licenses for the use of celebrity and children's character brands to augment its range for younger audiences. The company maintains a substantial retail footprint, featuring a Melissa showroom in Milan, approximately 336 franchised Clube Melissa outlets across Brazil, and four distinct concept stores: Galeria Melissa branches in São Paulo, New York, and London, plus a Casa Ipanema store in Rio de Janeiro. Its products are sold through commercial representatives, an extensive network of distributors, and direct export operations.
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