Grendene Continues To Grow, Leading Brazilian Shoe Exports
The Brazilian shoemaker Grendene had a good first quarter with gross revenues up by 12.1 percent to 371.3 million Brazilian reais (€131.2m-$183.7m). While domestic sales grew by just 2.9 percent to R$239.3 million in the period ended March 31, exports jumped by 33.8 percent to R$132.1 million. Net sales increased ...
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