All Grendene articles – Page 2
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Article
Grendene recovers sharply in Q3 driven by domestic market
Grendene posted the best third quarter in its history in terms of gross revenues, and the third best in volumes, as the company recovered, thanks to domestic demand, from a dismal second-quarter performance, caused by the Covid-19 pandemic. The Brazilian footwear manufacturer posted a 9.5 percent increase in ...
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Article
Brand reshuffle in the Brazilian footwear industry
An asset reshuffle involving three of Brazil’s leading footwear manufacturers will result in Grendene boosting its women’s collection, Vulcabras Azaleia focusing on sportswear and Alpargatas concentrating on its key brands, including Havaianas .
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Article
Grendene’s sales tumble by 86% in Q2
The downward spiral continued in the second quarter for Grendene , whose sales tumbled by 85.8 percent to 82.1 million reais (€13.0m-$15.3m), following several quarters of declining sales. The Brazilian group, which owns brands such as Ipanema and Melissa , sold 4.3 million pairs during the period, or 25.8 ...
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News briefs
Grendene suspends production in Sobral again due to Covid-19 lockdown
The Brazilian footwear manufacturer Grendene has suspend production in Sobral, where it has its largest manufacturing base, following a municipal decree. The company already had to close its sites in the town and other parts of the country due to restriction orders to combat the propagation of the Covid-19 ...
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News briefs
Grendene resumes partial production in Ceará state
On June 1, the Brazilian footwear manufacturer Grendene resumed production at its plants in Crato and Fortaleza, both in the state of Ceará , which had been temporarily closed because of the Covid-19 pandemic. On June 8, Grendene expects to resume production in Sobral, also located in ...
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Article
Another difficult quarter for Grendene
After several quarters of declining sales, Grendene was starting to see the light at the end of the tunnel in the opening months of the year, but Covid-19 dashed its hopes. Results for the first quarter were disappointing for the Brazilian group, which owns brands such as Ipanema ...
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Article
Disappointing results for Grendene
The last quarter was a difficult one for Grendene , with revenues and profits that did not match expectations. The Brazilian group – which owns brands such as Ipanema and Melissa – sold 49 million pairs during the period, or 6.6 million fewer than in the year-earlier quarter. Gross ...
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