Brazil slowdown hits Grendene’s results
Grendene posted gross revenues that were down by 10.0 percent in the last quarter of 2015 against the same period in 2014. Total gross revenues for the parent company of Ipanema, Melissa, Rider and Grendha decreased by 18.8 percent to R$530.6 million (€125.7m-$136.4m) in Brazil, but gained 14.6 percent to ...
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