# Grendene > Brazilian company **Wikidata**: [Q10291538](https://www.wikidata.org/wiki/Q10291538) **Wikipedia**: [English](https://en.wikipedia.org/wiki/Grendene) **Source**: https://4ort.xyz/entity/grendene ## Summary Grendene is a Brazilian public company founded on February 25, 1971, by Alexandre Grendene Bartelle, specializing in the fashion industry with a primary focus on producing sandals. Headquartered in Sobral, the entity is listed on the São Paulo Stock Exchange under the ticker symbol GRND3 and employs approximately 22,100 people globally. As a publicly traded business, it offers its securities to the general public, distinguishing it from private enterprises while maintaining its roots as a major manufacturer in the footwear sector. ## Key Facts * **Inception Date:** The company was founded on February 25, 1971. * **Founder:** Established by Alexandre Grendene Bartelle. * **Legal Status:** It is classified as both a business and a public company (publicly traded). * **Headquarters:** Located in Sobral, Brazil. * **Industry:** Operates within the fashion sector. * **Primary Product:** Manufactures sandals. * **Workforce:** Employs 22,100 individuals. * **Stock Exchange Listing:** Traded on the São Paulo Stock Exchange. * **Ticker Symbol:** GRND3. * **Listing Start Date:** The specific stock exchange listing data notes a start time of September 30, 2021. * **Official Website:** http://www.grendene.com.br. * **Country of Origin:** Brazil. * **Wikipedia Presence:** Covered in English and Portuguese editions. * **Google Knowledge Graph ID:** /g/122xk_pb. * **Philadelphia Museum of Art Entity ID:** 59719. * **Topic Category:** Associated with category Q25934554. ## FAQs **What is the primary business focus of Grendene?** Grendene operates in the fashion industry with a specific emphasis on the production and sale of sandals. It is recognized as a major manufacturer within this sector, leveraging its public company status to scale operations. **Who owns and controls Grendene?** As a public company, Grendene's ownership is distributed among general public shareholders who purchase its securities. The company is governed by a board of directors elected by these shareholders, separating ownership from day-to-day management. **Where is Grendene based and how large is its workforce?** The company is headquartered in Sobral, Brazil, and maintains a significant global presence. It currently employs a workforce of 22,100 people, reflecting its scale as a major industrial entity. **How can investors trade shares of Grendene?** Shares of Grendene are traded on the São Paulo Stock Exchange under the ticker symbol GRND3. The company went public, allowing the general public to buy and sell its securities on this regulated market. ## Why It Matters Grendene represents a significant pillar of the Brazilian fashion and manufacturing sectors, demonstrating how a local enterprise can evolve into a major publicly traded entity. Its structure as a public company facilitates large-scale capital formation, enabling expansion, innovation in footwear design, and infrastructure development within the industry. By adhering to strict regulatory disclosure standards required of public companies, Grendene promotes transparency for investors and contributes to the liquidity of the São Paulo Stock Exchange. The company's success provides a mechanism for wealth creation for thousands of shareholders and supports a substantial workforce, thereby playing a critical role in the regional and national economy. ## Notable For * Being a prominent Brazilian public company listed on the São Paulo Stock Exchange. * Specializing in the mass production of sandals within the global fashion industry. * Maintaining a massive operational footprint with 22,100 employees. * Having a distinct founding history dating back to 1971 by Alexandre Grendene Bartelle. * Holding a verified presence in the Philadelphia Museum of Art's entity database (ID: 59719). * Operating with a specific stock ticker (GRND3) and a defined listing timeline starting September 30, 2021. * Serving as a case study for public company structures in Latin American markets. ## Body ### History and Founding Grendene was established on February 25, 1971, marking the beginning of its journey in the Brazilian business landscape. The company was founded by Alexandre Grendene Bartelle, who initiated the enterprise that would grow into a major fashion manufacturer. Over the decades, the entity transitioned from a private operation to a public company, a move that allowed it to access broader capital markets. This evolution is documented in various historical records and Wikipedia entries, highlighting its longevity and adaptability in the footwear sector. ### Corporate Structure and Classification Legally, Grendene is defined as a business and specifically as a public company. This classification means it offers its securities, such as stocks, for sale to the general public rather than keeping ownership within a closed group. It is a joint-stock company where ownership is distributed among shareholders. This structure is distinct from private enterprises or government agencies, as it operates under the regulations of a public market. The company is categorized under the topic ID Q25934554 and is recognized in academic and financial resources as a standard example of a publicly held entity in Brazil. ### Operations and Product Line The core activity of Grendene involves the fashion industry, with a specific focus on the production of sandals. This product specialization has allowed the company to carve out a significant niche in the global footwear market. The entity's operational scale is evidenced by its workforce of 22,100 employees, indicating a complex supply chain and manufacturing process. The company's official digital presence is maintained through its website at http://www.grendene.com.br, serving as a primary channel for information and commerce. ### Financial Markets and Listing As a public company, Grendene is listed on the São Paulo Stock Exchange. The specific ticker symbol used for trading its shares is GRND3. Data indicates a specific start time for this listing configuration on September 30, 2021, reflecting recent or ongoing market activities. This listing allows individuals, institutional investors, and other entities to purchase ownership stakes in the company. The public nature of the company necessitates adherence to strict reporting standards, ensuring transparency for all market participants. ### Global Recognition and Digital Footprint Grendene has a documented presence in multiple international knowledge bases and cultural institutions. It is featured in Wikipedia editions in both English and Portuguese, reflecting its relevance to local and global audiences. The entity is assigned a unique Google Knowledge Graph ID (/g/122xk_pb), which helps in digital identification and search engine indexing. Additionally, the company is cataloged by the Philadelphia Museum of Art with the entity ID 59719, suggesting its cultural or design significance extends beyond mere commercial metrics. The company's data is referenced in sources such as Q11921 (Wikidata) and Q328 (Wikipedia), linking it to broader datasets on businesses and fashion.