Record quarterly results for Grendene

The Brazilian parent company of Ipanema, Melissa, Rider, Grendha and other footwear brands reported a record first-quarter net profit of 136.9 million reais (€39.8m-$43.6m) for the first three months of 2015. It was 41.8 percent higher than in the year-ago period and came after increases of 4.6 percentage points in ...

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