Financial reporting

Alpargatas sees Havaianas’ revenues fall double-digits in U.S., China

By Bob McGee 2022-08-05T14:27:00

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Alpargatas suffered double-digit sales declines for its rubber sandal brand in both the U.S. and China during the second quarter but realized an 11.8 percent increase in price per pair during the period. Havaianas’ sales declined 46.3 percent in China to 8.7 million Brazilian reais (€1.7m) due to the country’s ...

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