Grendene posts strong growth and good margins

Grendene has posted a 27.8 percent increase in gross sales revenues last year to R$2,359.6 million (€915.1m-$1,191.9m). Net sales for the year grew by 27.0 percent on 2011 while the volume of shoes sold increased by 23.3 percent to 185.0 million of pairs. Revenues from the domestic market were up ...

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