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Arezzo & Co chief executive officer Alexandre Birman will assume the role of CEO of the newly formed conglomerate.
Arezzo & Co is merging with Grupo Soma in a new deal that sees the union of two of the largest fashion companies in Latin America.
With a score of 85.1 points out of 200 on the B Impact Assessment, Farm Rio owner Grupo Soma became Brazil's 10th fashion B Corp.
Brazilian fashion brand Farm Rio, known for its colorful prints, took over Italy’s Rinascente department store as part of its European expansion plan.
These four futuristic stores from around the globe show that modern clothing retailers are not looking back.