World Footwear

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Cavalinho invests half a million euros over the next two years

Nov 27, 2015 Portugal
Cavalinho invests half a million euros over the next two years
Company Jacinto Azevedo & Santos announced a new investment project to strengthen the internationalization process of its brand Cavalinho. The aim is to consolidate its presence in existing markets and to venture into new ones
Bags, wallets, accessories and footwear are manufactured and marketed by company Jacinto Azevedo & Santos, founded in 1975 by Manuel Jacinto Azevedo and his three sisters. Initially focused in manufacturing footwear, the company had an early shift in its manufacturing strategy and focused on bags. Now the portfolio of products is wider and includes several segments.

According to Jacinto Azevedo & Santos the success of Cavalinho is based in three elements: the use of high quality materials, the focus on design and a production process entirely based in Portugal. The manufacturing process remains very manual and each collection usually results in at least 50 models. While launching two collections per year (spring / summer and fall / winter), the brand focus on constant research, looking to reinvent existing styles and creating new ones, but always keeping elegance and exclusivity as key characteristics. In addition to the more classic products, the so called best sellers, there has always been new, young and cosmopolitan models, in a combination of models that results in a steady growth of the brand.

With a factory in Santa Maria da Feira and a second production center in Braga, dedicated to leather goods (wallets, purses, key rings), the company expects to close the year with a turnover of roughly 7.8 million euros.

Cavalinho is currently present in more than 300 multi-brand stores in the world. The company recently embraced the single brand challenge and has opened official Cavalinho stores in Portugal, where it already owns a network distribution of 12 stores.  For 2016 the brand expects to open more stores in Portugal, Angola, Mozambique and Canada.

Cavalinho is present in several markets such as Luxembourg, Switzerland, France, Spain, Bulgaria, United States, Canada, Japan, Mozambique, South Africa and Angola. International markets already represent 20% of the company’s global revenue and the aim is to consolidate the presence in the markets were the brand is already present, while investing in new destinations, such as Chile and Colombia. In order to achieve such goal Jacinto Azevedo & Santos announced a new investment project of roughly half a million euros to be implemented over the course of the next two years.

For more information about Cavalinho please refer to the brand’s website.

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  • APIC - Portuguese Leather Industry Association

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