Grendene Improves Margins And Outperforms Brazilian Trends

Grendene is launching a new brand of shoesthis month called “Zaxy teen,” geared toward “romantic and delicate” young girls. The Brazilian footwear manufacturer, known for other lines such as Ipenema Gisele Bündchen, Grendha, Rider and Melissa, expects that, for the current fiscal year, its gross revenues will be up by ...

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