Grendene posts strong Q1 but warns about Covid, raw material shortage
In the first quarter of 2021, when it celebrated its 50th anniversary, the Brazilian shoe maker Grendene beat its own expectations by posting gross revenues of 644.3 million reais (€98.5m-$118.4m), up by 43.0 percent year-on-year, and selling 35.4 million pairs of shoes, up by 36.2 percent. Net revenues jumped by ...
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