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Brazilian (BOVESPA) Apparel, Accessories and Luxury Goods Industry Analysis

UpdatedMar 29, 2026
DataAggregated Company Financials
Companies7
  • 7D-1.1%
  • 3M-9.6%
  • 1Y14.3%
  • YTDn/a

Over the last 7 days, the Apparel, Accessories and Luxury Goods industry has dropped 1.1%, driven by a pullback from Azzas 2154 of 8.5%. In contrast, Guararapes Confecções has gained 5.2%. In the past year, the industry has gained 14%. Looking forward, earnings are forecast to grow by 3.5% annually.

Industry Valuation and Performance

Has the Brazilian Apparel, Accessories and Luxury Goods Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 29 Mar 2026R$16.8bR$27.5bR$3.0b6.5x5.6x0.6x
Tue, 24 Feb 2026R$19.3bR$27.4bR$3.0b7.4x6.5x0.7x
Thu, 22 Jan 2026R$16.6bR$27.2bR$1.9b7.8x8.6x0.6x
Sat, 20 Dec 2025R$19.7bR$27.2bR$1.9b8.7x10.2x0.7x
Mon, 17 Nov 2025R$20.5bR$27.2bR$1.3b8.1x15.8x0.8x
Wed, 15 Oct 2025R$17.5bR$26.6bR$1.2b6.5x14.2x0.7x
Fri, 12 Sep 2025R$19.8bR$26.6bR$1.2b8.6x16x0.7x
Sun, 10 Aug 2025R$19.9bR$25.0bR$2.1b6.1x9.4x0.8x
Tue, 08 Jul 2025R$20.4bR$24.6bR$1.5b8.6x14.1x0.8x
Thu, 05 Jun 2025R$20.9bR$24.6bR$1.5b8.4x14.4x0.8x
Sat, 03 May 2025R$17.4bR$22.6bR$1.2b12.5x13.9x0.8x
Mon, 31 Mar 2025R$14.8bR$22.6bR$1.3b10.8x11.7x0.7x
Wed, 26 Feb 2025R$14.8bR$20.2bR$1.3b8.5x11.5x0.7x
Fri, 24 Jan 2025R$16.1bR$20.2bR$1.3b9.4x12.5x0.8x
Sun, 22 Dec 2024R$16.4bR$20.2bR$1.3b10x12.8x0.8x
Tue, 19 Nov 2024R$20.3bR$20.2bR$1.3b11.3x15.2x1x
Thu, 17 Oct 2024R$21.0bR$18.6bR$1.8b10.2x11.9x1.1x
Sat, 14 Sep 2024R$23.5bR$18.6bR$1.8b10.6x13.4x1.3x
Mon, 12 Aug 2024R$18.7bR$18.4bR$1.7b10x10.9x1x
Wed, 10 Jul 2024R$16.5bR$18.6b-R$1,172,902,984.0014.4x-14x0.9x
Fri, 07 Jun 2024R$16.2bR$18.6b-R$1,172,902,984.0014x-13.8x0.9x
Sun, 05 May 2024R$17.1bR$18.4b-R$1,180,139,000.0010.4x-14.5x0.9x
Tue, 02 Apr 2024R$18.7bR$18.4b-R$1,180,542,447.0011.2x-15.8x1x
Thu, 29 Feb 2024R$18.8bR$18.0bR$843.4m6.7x22.2x1x
Sat, 27 Jan 2024R$19.2bR$18.0bR$843.4m8.5x22.8x1.1x
Mon, 25 Dec 2023R$20.0bR$18.0bR$843.4m8.8x23.7x1.1x
Wed, 22 Nov 2023R$17.3bR$18.0bR$843.5m5.9x20.5x1x
Fri, 20 Oct 2023R$14.5bR$17.8bR$852.6m8x17x0.8x
Sun, 17 Sep 2023R$17.9bR$17.8bR$852.6m10x21x1x
Tue, 15 Aug 2023R$20.6bR$18.0bR$845.9m14.8x24.3x1.1x
Thu, 13 Jul 2023R$22.0bR$17.8bR$894.6m14.7x24.6x1.2x
Sat, 10 Jun 2023R$21.0bR$17.8bR$894.6m14.9x23.5x1.2x
Mon, 08 May 2023R$16.8bR$17.7bR$916.4m14.4x18.3x0.9x
Wed, 05 Apr 2023R$15.4bR$17.5bR$863.9m15.9x17.8x0.9x
Price to Earnings Ratio

17.8x


Total Market Cap: R$15.4bTotal Earnings: R$863.9mTotal Revenue: R$17.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Apparel, Accessories and Luxury Goods Industry Price to Earnings3Y Average 12.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Brazilian Apparel, Accessories and Luxury Goods industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 5.6x which is lower than its 3-year average PE of 12.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.89x.
Past Earnings Growth
  • The earnings for companies in the Apparel, Accessories and Luxury Goods industry have grown 52% per year over the last three years.
  • Revenues for these companies have grown 16% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Brazilian Apparel, Accessories and Luxury Goods compare with similar industries?

BR Market2.50%
Consumer Discretionary2.82%
Luxury0.69%
Apparel, Accessories and Luxury Goods-1.12%
Textiles3.87%
Footwear2.28%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
RIAA3 Guararapes ConfecçõesR$8.965.2%
+R$220.0m		32.3%PE3x
VIVA3 Vivara ParticipaçõesR$25.750.6%
+R$37.6m		28.2%PE9.8x
CAMB3 CambuciR$9.695.0%
+R$19.2m		-7.3%PE5.9x

Latest News

AZZA3
R$24.37
Azzas 2154
7D
-8.5%
1Y
-1.2%

AZZA3: Higher Required Return Will Still Support Future Upside Potential

Analysts have trimmed the Azzas 2154 price target slightly to R$35.23 from R$35.31, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E, which together point to a marginally adjusted valuation profile. Valuation Changes Fair Value: R$35.23, slightly below the previous estimate of R$35.31, implying a very small adjustment to the modeled upside.
VSTE3
R$3.45
Veste Estilo
7D
-2.3%
1Y
-50.1%
VIVA3
R$25.75
Vivara Participações
7D
0.6%
1Y
28.2%

VIVA3: Stable Assumptions And Margins Will Support A More Optimistic Outlook

Analysts have nudged their price target for Vivara Participações slightly lower to around R$38.18 from roughly R$38.46, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E that fine tune the prior view rather than overhaul it. Valuation Changes Fair Value: adjusted from R$38.46 to R$38.18, a very small downward revision.
RIAA3
R$8.96
Guararapes Confecções
7D
5.2%
1Y
32.3%

RIAA3: Higher Future P/E Assumptions Will Drive Further Upside Potential

Analysts have nudged their price target for Guararapes Confecções from R$13.53 to R$13.89, reflecting updated views on fair value, discount rate, expected revenue growth, profit margin and future P/E assumptions. What's in the News Guararapes Confecções has scheduled a Special and Extraordinary Shareholders Meeting for March 17, 2026, to be held exclusively remotely in Brazil (Key Developments).
CAMB3
R$9.69
Cambuci
7D
5.0%
1Y
-7.3%
TECN3
R$8.37
Technos
7D
-0.7%
1Y
47.9%