Havaianas used to make top quality flip flops.

Years ago.

Since then they have changed.

Theyve gone from being the best.

To being poor.

Very poor.

They used to last forever.

Now they last a few months.

You work to get to number 1 in the market.

Then let it go to save a few bucks.

Hallmarks of selling out to hedgefund at somepoint?

I dont know.

A quick Google shows they did sell out.

Approx 4 years.

Ditch Havaianas.

They are not what they used to be.

Nowhere near.

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