Alpargatas struggled in 2017
21/02/2018
The company said this was down to a drop in revenue from both domestic and overseas market.
Sales in Brazil, its domestic market, fell 8.3% to $740 million, while in Argentina, where Alpargatas was founded, revenue was down 14% to $204 million.
Alpargatas’ international sales (those outside of Argentina and Brazil) dipped 1% to $196 million.
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