Grendene Continues Its Strong Growth

For the third quarter of 2010, the Brazilian footwear giant reported a 14.9 percent gross sales increase to 546.4 million reais (€231.7m-$317.3m). The decent growth of 13.0 percent at home to R$476.6 million (€202.1m-$276.8m) paled in comparison to the 30.1 percent increase in exports to R$69.8 million (€29.6m-$40.5m). Net income ...

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