Vulcabras’ divorce from Reebok pays off for the couple

2016-12-01T00:00:00

Vulcabras Azaleia, the Brazilian parent of the Olympikus brand of sports shoes that held the distribution rights for Reebok until the end of last year, has reported a net profit of 19.7 million reais (€5.36m-$5.71m) for the third quarter ended Sept. 30, compared with only R$2 million in the year-ago ...

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