The Olympic athletes are set to wear classic thong flip flops from the popular brand, designed in a green colorway to represent the country's flag; in addition to the Havaianas branding ...

Yet Brazil's Havaianas brand took the humble flip-flop to new heights. The company behind them was sold earlier this week for ...

Many carry a little Brazilian flag on their strap ... And now the famous flip-flop is moving on, under the new ownership of three Brazilian banking groups.