Springs Global Participacoes (SGPS3) Stock Overview

Springs Global Participações S.A., through its subsidiaries, engages in the manufacturing, spinning, weaving, and finishing of home textile products in Brazil and Argentina. It operates through two segments, Wholesale and Retail. The company offers bedding, tabletop, and bath products, including bed sheets and pillowcases, tablecloths, towels, rugs, and bath accessories; utility bedding products, such as pillows, mattress pads, comforters, and bedspreads; intermediate products comprise yarns, fabrics, and textile waste; and sells natural, dyed, and printed fabrics. The company sells its products under the MMartan, Casas Moysés, Artex, Santista, Palette, Arco-Íri, Fantasia, Paládio, Calfat, Garcia, Arco Íris, and Magicolor brands. It sells its products to department stores, mass retailers, and small and medium sized shops, as well as an e-commerce platform; and operates stores and /or manages a franchise system under the MMatan and Artex “flags” names. The company was incorporated in 2005 and is headquartered in Montes Claros, Brazil. Springs Global Participações S.A. is a subsidiary of Companhia de Tecidos Norte de Minas.