Net income improved 20% to BRL 106,065,000 ($18.0 mm) from BRL 88,762,000 in the first quarter as revenue increased 18% to BRL 701,194,000 ($119.2 mm) from BRL 597,267,000 on growth from Olympikus, Mizuno, and Under Armour. Athletic footwear was up 19% to BRL 586.9 million, with volume up 4% to 4.4 million pairs. The Corre line from Olympikus was a stand-out for the quarter, maintaining its recent hot streak in the running market. Other footwear and other gained 26% to BRL 50.2 million on higher flip-flop and professional boot sales, ... Log in to view full article.