Chilli Beans Explained

Chilli Beans
Location Country:	Brazil
Area Served:	Brazil United States Portugal Mexico Chile Colombia Peru Bolivia United Arab Emirates Kuwait Thailand
Key People:	Caito Maia (CEO)
Owners:	Caito Maia, Gávea Investment Group
Homepage:	https://chillibeans.com/

Chilli Beans is a Brazilian brand of sunglasses, wristwatches and eyeglasses founded in 1997 by the businessman Caito Maia. The company is the second largest in the sunglasses segment, behind only the Luxottica Group. It is the most successful company of the branch in Latin America.^[1] The Gávea Investment Group bought 30% of the company for about R$100 million, indicating that the company is worth about R$330 million.^[2] The company's turnover was approximately R$550 million. The brand has approximately 700 stores in Brazil, in addition to owning stores in 9 other countries.^{[3] [4] [5] [6] [7] [8]}

Notes and References

1. Web site: Chilli Beans manages to raise sales by 9% amid eyewear market downturn - Valor International. www.valor.com.br. 19 September 2017.
2. Web site: O sucesso da Chilli Beans atraiu rivais poderosos - EXAME. exame.abril.com.br. 19 September 2017.
3. Web site: CHILLI BEANS. Mundo Das. Marcas. 22 August 2006. mundodasmarcas.blogspot.com.br. 19 September 2017.
4. Web site: Marca - Chilli Beans. site.chillibeans.com.br. 19 September 2017.
5. Web site: Marca - Chilli Beans. site.chillibeans.com.br. 19 September 2017.
6. Web site: Chilli Beans. site.chillibeans.com.br. 19 September 2017.
7. Web site: A História da Chilli Beans. 29 March 2015. destinonegocio.com. 19 September 2017.
8. Web site: Como a Chilli Beans se tornou uma máquina de inovação. Administradores.com. 19 March 2013. administradores.com.br. 19 September 2017.