Net income from continuing operations at the Brazilian footwear company slipped 24% to BRL 112,117,000 ($21.4 mm) from BRL 148,454,000 on a 9% net sales increase to BRL 927,205,000 ($176.8 mm) from BRL 850,457,000. Total sales at the Havaianas brand increased 8% to BRL 908.2 million, with both the home market and international seeing an 8% uptick (international +11% CC) to BRL 566.0 and BRL 342.2 million, respectively. A 10% price hike effective in Mar. helped offset a 4% dip in sales volume dip in Brazil, while volume gained 11% internationally, led by EMEA (+20%) ... Log in to view full article.