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Rothy's is a sustainable footwear unicorn valued at $1B; raised $242M with Alpargatas (Havaianas parent) holding 49.9%; operating 20 stores across 19 countries as of 2024.
Rothy's is a San Francisco-based sustainable fashion brand that makes washable shoes, bags, and accessories from recycled plastic bottles and marine plastic. Founded in 2012, the brand pioneered a knit-to-shape manufacturing process that generates near-zero material waste and produces machine-washable flats, loafers, sneakers, and handbags. Its products have a devoted following among environmentally-conscious consumers who don''t want to sacrifice style for sustainability.
Kering-owned (KER) Italian luxury house with $7-9B revenue competing with LVMH and Hermes; Gucci Ancora creative direction under Sabato De Sarno addressing 2024 revenue decline from Chinese luxury slowdown.
Gucci is a Florence, Italy-based luxury fashion house — among the world's most recognized luxury brands — designing and retailing leather goods, handbags, shoes, clothing, watches, jewelry, fragrances, and eyewear under its interlocking double-G logo identity globally. Owned by Kering Group (Euronext Paris: KER, which also owns Saint Laurent, Bottega Veneta, and Balenciaga), Gucci generates approximately €7-9 billion in annual revenue as Kering's largest brand, operating 500+ directly operated stores across 60+ countries. In 2023, Kering appointed Sabato De Sarno as creative director (replacing Alessandro Michele), launching the "Gucci Ancora" collection that returned the brand toward refined Italian elegance from Michele's ornate maximalist decade.
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