Grendene's margins go up, due to currencies

Grendene managed to report a 21.1 percent increase in net income to 357.1 million Brazilian reais (€86.2m-$92.8m) for the third quarter in spite of declines in the number of shoes sold of 15.1 percent in its domestic market and 17.5 percent abroad. For the parent company of Ipanema, Melissa, Rider ...

You need to register to continue reading this article

If you already subscribe to Shoe Intelligence, sign in here


Register to continue reading

By registering today you will have access to:

  • 3 industry news articles per month

For full access and to receive in-depth news, analysis and more, become a member today

For more content and resources become a member? View our membership packages.