Rothy's
Founded Year
2012Stage
Corporate Minority | AliveTotal Raised
$244MValuation
$0000Last Raised
$200M | 3 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-7 points in the past 30 days
About Rothy's
Rothy's specializes in the creation of washable shoes and fashion accessories made from recycled materials within the sustainable fashion industry. The company offers a variety of footwear for women, men, and children, as well as a range of bags and accessories, all designed with environmental sustainability in mind. It was founded in 2012 and is based in San Francisco, California.
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Expert Collections containing Rothy's
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Rothy's is included in 3 Expert Collections, including Direct-To-Consumer Brands (Non-Food).
Direct-To-Consumer Brands (Non-Food)
1,192 items
Startups selling their own branded products directly to consumers through owned e-commerce channels, rather than relying on department stores or big online marketplaces.
E-Commerce
11,245 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
1,270 items
Latest Rothy's News
Feb 25, 2025
Business Havaianas store Credits: Havaianas Havaianas, the iconic Brazilian footwear brand, delivered strong financial results, reporting net revenue of 1.1 billion Brazilian real in the fourth quarter and 4.1 billion Brazilian real for 2024, marking growth of 11.6 percent and 10.1 percent, respectively. This performance was mirrored by its parent company, Alpargatas, which achieved similar figures, with net revenue reaching 1.1 billion Brazilian real in the quarter and 4.1 billion Brazilian real for the year, showing increases of 11.2 percent and 10 percent. The company attributed this growth to enhanced consolidated commercial operations and a normalized sales volume throughout the year. "We will maintain financial discipline, focusing on efficiency, meticulous inventory management, and strengthening our presence and profitability in Brazil," the company stated. "We are also committed to rebuilding scale and efficiency in Europe, addressing challenges in the US, prioritizing key distributor markets, and ensuring our portfolio companies remain aligned with strategic objectives." Alpargatas and Havaianas witness strong growth Alpargatas also saw a significant surge in profitability, with adjusted EBITDA jumping 38.9 percent in the quarter and 64.7 percent for the year, reaching 575.2 million Brazilian real. Consolidated net income stood at 2.1 million Brazilian real for the quarter and 107.4 million Brazilian real for the full year. On the other hand Havaianas Brazil witnessed a 9.4 percent net revenue growth in the fourth quarter, fueled by a 4.8 percent increase in sales volume and a 4.4 percent rise in average price per pair. For the full year, net revenue in Brazil climbed 14.4 percent to 3.1 billion Brazilian real. The brand's international operations also contributed to the positive results, with consolidated net revenue growing 10.8 percent in the fourth quarter. EMEA led the charge with a 30.9 percent increase, followed by the US with a 10.9 percent rise, while distributor markets experienced a 3 percent decline due to lower sales volume in the quarter. With a 16.8 percent increase in COGS for the quarter and 4.7 percent for the year, Havaianas maintained strong profitability. Gross profit reached 361.2 million Brazilian real in the quarter, a 2.1 percent increase, and 1.7 billion Brazilian real for the year, reflecting an 18.2 percent growth. Adjusted EBITDA soared by 42.6 percent in the quarter and 69.8 percent for the year, reaching 194.4 million Brazilian real and 564.8 million Brazilian real. Rothy's records robust results Furthermore, Rothy’s, another key brand in Alpargatas' portfolio, delivered impressive results, with net revenue increasing by 20.1 percent in the fourth quarter and 16.8 percent for the year, reaching 78.1 million Brazilian real and 210.6 million Brazilian real, respectively. This growth was attributed to successful Black Friday and Cyber Week campaigns, as well as expanded sales in department stores and physical retail locations. Rothy’s also saw significant margin improvement, with gross margin expanding by 7.3 p.p. and EBITDA surging by 167.7 percent in the quarter, reaching 12.7 million Brazilian real. For the full year, Rothy’s turned a 9.2 million Brazilian real loss in 2023 into a 17.7 million Brazilian real profit in 2024. Alpargatas
Rothy's Frequently Asked Questions (FAQ)
When was Rothy's founded?
Rothy's was founded in 2012.
Where is Rothy's's headquarters?
Rothy's's headquarters is located at 855 Montgomery Street, San Francisco.
What is Rothy's's latest funding round?
Rothy's's latest funding round is Corporate Minority.
How much did Rothy's raise?
Rothy's raised a total of $244M.
Who are the investors of Rothy's?
Investors of Rothy's include Alpargatas, Declaration Partners, GS Growth, Grace Beauty Capital, M13 and 4 more.
Who are Rothy's's competitors?
Competitors of Rothy's include Birdies, Handsfree Labs, Casca, HEYDUDE, Allbirds and 7 more.
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Compare Rothy's to Competitors
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