JHSF Company is one of Brazil’s biggest quick increasing firms. The company was initially led by José Auriemo and Fábio before taking over José Auriemo Neto. The firm was designated as JHS at that moment, though. Before the reorganization of the business in 1990, the business dealt solely with the growth of real estate. JHSF was born under José Auriemo Neto’s management after the separation. He was appointed the company’s CEO as Fabio continued to optimize the property enterprise of the company. Significantly, the business was the first to have a subway shopping mall in São Paulo to promote customer travel. Metro Santa Cruz was the mall’s name that became one of the most important. A major deal was reached eight years after the business was established when the center was sold to BR Malls.
José Auriemo Neto, the Brazilian executive, is the chairperson of JHSF Participações SA, the company of his father and a real estate company concentrating on the development of commercial and residential estates in the country. Auriemo Neto also represented as the company’s chief executive, supervising the ideals of the brand in offices, hotels and public innovations. He managed the extensive shopping and retail client base of the faction, which involves the Metrô Tucuruvi, the Bela Vista in Salvador and the Ponta Negra shopping center in Manaus, along with the influential Cidade Jardim shopping center in São Paulo.
In 2009, Auriemo Neto undertook the first retail enterprise of the group, signing inclusive partnership contracts with Hermès, Pucci and Jimmy Choo, and opening the first retail stores of luxury brands in the JHSF-owned shopping complex of Cidade Jardim. The company also established a collaboration with Valentino in 2012, opening the first Brazilian shops of Valentino and Red Valentino. Despite the difficulty of the two-year decrease in luxury revenues on the Brazilian sector in 2016 and 2017, JHSF shifted back to development previously this year, with the company’s first quarter net income demonstrating a 2.3 percent year-on-year development and a 16.1 percent year-on-year increase in gross profit.