Grendene’s exports keep falling
After several quarters of disappointing international sales, the latest quarter was no different for Grendene. Its revenues out of Brazil for the second quarter declined by 23.7 percent from the year-ago period to 127.9 million Brazilian reais (€28.7m-$32.2m). In terms of volume, shipments abroad declined by 34.6 percent to 5.4 ...
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