Flat sales for Grendene

The Brazilian producer of Ipanema, Grendha, Rider, Melissa and Zaxy sandals reported a 1.0 percent drop in net revenues to 397.0 million reais (€129.60m-$173.81m) for the second quarter ended June 30. In terms of gross revenues, a modest 2.4 percent increase to R$102.9 million (€33.59m-$45.05m) in exports was offset by a 4.6 ...

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