# Havan retail expansion and financial projections

> Developing situation record from CLSTR: https://clstr.news/situations/havan-retail-expansion-and-financial-projections
> Updated: 2026-11-01T00:16:37.000Z. Sources: 17. Developments: 5.

Brazilian retailer Havan, led by Luciano Hang, has initiated a significant expansion strategy following a record-breaking 2025, in which the company reported R$ 18.5 billion in revenue and R$ 3.5 billion in net profit. The company initially announced plans for a R$ 1.5 billion investment to open 15 new stores, with an estimated cost of R$ 100 million per unit, and to upgrade its logistics infrastructure. This includes a R$ 250 million investment to add 50,000 square meters to its Barra Velha distribution center in Santa Catarina. As the expansion progresses, Havan has updated its financial outlook, projecting R$ 22 billion in revenue for 2026. However, the company anticipates a substantial tax burden of approximately R$ 6 billion, which is expected to exceed its projected net profit. Despite these financial pressures and what Hang describes as significant bureaucratic hurdles, the company remains committed to its growth, prioritizing medium-sized cities and the North and Northeast regions of Brazil.

Recent milestones include the inauguration of the company’s 199th megastore in Londrina, Paraná. This 18,000-square-meter facility, which features a food court and a playground, was chosen to serve both Londrina and Cambé, employing 200 direct workers. Additionally, Havan has confirmed a R$ 100 million project for a new mega-store in Torres, Rio Grande do Sul, and announced plans for a R$ 110 million store in Tijucas, Santa Catarina, with construction expected to begin in 2027. To fund this growth, Hang intends to utilize R$ 3.5 billion in cash and financial investments, maintaining a model of large-scale ‘megalojas’ without seeking new investors or an IPO.

## Timeline

### 2026-11-01: Havan opens third megastore in Londrina, Brazil

Havan has opened its 199th unit, a new 18,000-square-meter megastore in Londrina, Brazil, designed to serve the local region and nearby Cambé.

3 sources. https://clstr.news/cluster/havan-opens-third-megastore-in-londrina-brazil

### 2026-10-28: Havan expands retail footprint with new stores in Paraná and Santa Catarina

Havan is expanding its Brazilian presence with a new R$ 100 million store in Londrina, Paraná, and a planned R$ 110 million facility in Tijucas, Santa Catarina.

3 sources. https://clstr.news/cluster/havan-expands-retail-footprint-with-new-stores-in-paran-and-santa-catarina

### 2026-10-22: Havan to invest R$ 100 million in new Torres mega-store

Havan plans to invest R$ 100 million in a new 10,000 m² mega-store in Torres, Brazil, aiming to create 200 direct jobs.

3 sources. https://clstr.news/cluster/havan-to-invest-r-100-million-in-new-torres-mega-store

### 2026-10-12: Havan projects R$ 22 billion revenue amid high tax burden

Brazilian retailer Havan projects R$ 22 billion in revenue and R$ 6 billion in taxes for 2026, while planning an expansion to 300 stores despite significant bureaucratic and tax challenges.

7 sources. https://clstr.news/cluster/havan-projects-r-22-billion-revenue-amid-high-tax-burden

### 2026-09-23: Havan plans R$ 1.5 billion expansion and 15 new stores

Retail giant Havan plans to invest R$ 1.5 billion to open 15 new stores in 2026 and expand its logistics center in Santa Catarina.

3 sources. https://clstr.news/cluster/havan-plans-r-15-billion-expansion-and-15-new-stores

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Cite as: Havan retail expansion and financial projections. CLSTR, https://clstr.news/situations/havan-retail-expansion-and-financial-projections
