Guararapes Confeccoes SA (Guararapes Confeccoes) is a manufacturer and retailer of fashion apparel and related accessories. Its product line comprises fashion clothing for men, women, and kids. The company owns Midway Financeira, Midway Malls, and Transportadora Casa Verde. Midway Financeira (Midway) provides financial services to its customers. It issues private label cards in Brazil. Guararapes Confeccoes operates Midway Mall, a mall with three operating floors that comprises anchor stores, a food court, satellite stores, and other service outlets. It houses the Teatro Riachuelo, the comprehensive and modern performing arts venue in Brazil’s Northeast. Its project provides a wide range of shows and performances. The company’s Midway Mall occupies a total area of 63,000 sq mt and maintains seven movie theatres. Through Transportadora Casa Verde, the company provides logistics operations and delivers products to Riachuelo stores.

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Guararapes Confeccoes SA ’s R&D arm focus on textile innovation, sustainability, and operational efficiency across its integrated fashion value chain. In FY2024, the company completed the development of a textile recycling technology in partnership with the Institute of Technological Research (IPT) and invested over BRL500,000 in circular fashion and material reuse projects. It also allocated BRL 6.3 million to eco-efficiency initiatives aimed at reducing water and energy consumption at its Guararapes Factory. The company’s R&D efforts emphasize the use of agroecological cotton, certified viscose, and low impact dyeing processes, strengthening its commitment to sustainable production. In FY2024, the company incurred expenses about BRL500 million on R&D, which as a percentage of revenue, stood at 5.2%.