Company type | Subsidiary |
---|---|
Industry | Online retailer |
Founded | 2000 |
Headquarters | São Paulo, Brazil (operational); George Town, Cayman Islands (legal domicile) |
Area served | Brazil |
Key people | Marcio Kumruian, (CEO) |
Products | Sports Equipament, Shoes, Clothes |
Revenue | US$ 570.2 million (2017)[1] |
Net income | - US$ 51.3 million (2017) |
Parent | Magazine Luiza |
Subsidiaries | Zattini Shoestock |
Netshoes is a Brazilian e-commerce sporting goods conglomerate. The conglomerate was established in February 2000 by Marcio Kumruian and Hagop Chabab. Netshoes maintains distribution centers in Brazil and manages the official stores of the Corinthians, São Paulo Futebol, Palmeiras, Cruzeiro, Clube de Regatas Vasco da Gama, Coritiba, Cruz Azul, Chivas, Monterrey, River Plate, San Lorenzo and América of México soccer clubs. It is also the official representative of the National Basketball Association (NBA) in Latin America and is responsible for the administration of online shops for the Puma, Havaianas, Globo Esporte, Oakley, Timberland, Topper, Mizuno and UFC trademarks.[2][3]