Financial reporting

Alpargatas looks to boost efficiency, seeks new CEO as sales and margins decrease in Q1

By Heather O'Brian 2023-05-09T10:51:00

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Alpargatas reported a decline in sales volumes, revenues and margins in the first quarter of 2023, as it focuses on boosting operational efficiencies amid a “challenging” demand scenario and persistent inflation. The Brazilian owner of the flip-flop sandal brand Havaianas is also looking for a new CEO following the resignation ...

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