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Article Date: September 2017
Word Count: 132

Mixed Results from Alpargatas and Vulcabras

Shorn of the Reebok brand and heavily exposed to the weak Brazilian market, Alpargatas saw global sales fall 15% to BZL 859.6 million ($272.4 mm) as its domestic sales dropped 22% to BRL 445.7 million but net income was flat at BRL54.3 million ($17.2 mm) as a result of a lower tax rate. Most of its sales now are from the Havaiana sandal brand and Mizuno ... Log in to view full article.


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