Vulcabras reduces sales and losses

2013-11-16T00:00:00

Sales continued to decline in the third quarter at Vulcabras, the Brazilian company that owns the Olympikus brand and has a contract with the Adidas Group for the Reebok brand covering Brazil, Argentina and Uruguay. The company's net revenues fell by 15.4 percent to 349.5 million reais (€112.2m-$151.0m), but while ...

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