Vivara Participacoes S.A. (Brazil)

Vivara Participacoes S.A. is a company located in Sao Paulo, Brazil. Founded in 1962, it started as a family-owned store in the city center, committed to creating jewelry with the same craftsmanship as ancient goldsmiths. Over the years, Vivara's creations have gained significant market share, making it the most awarded brand in its category. Currently, Vivara is the largest jewelry chain in Latin America. With an integrated business model, the company designs, creates, produces, markets, and distributes its products throughout Brazil. It operates a network of over 330 stores, spread across all regions of the country, and serves more than 2,900 municipalities through its multichannel platform. In 2022, Vivara reported a net revenue of R$ 2.3 billion, an Adjusted EBITDA of R$ 401.1 million, an Adjusted EBITDA margin of 21.8%, and a net profit of R$ 360.8 million. The company's marketing strategy benefits from the data intelligence provided by its over 7 million registered customers nationwide. Vivara's main distribution center, located in the southern region of Sao Paulo, facilitates the sale of approximately 3.6 million pieces of jewelry.