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Alpargatas struggles in Q2 as sale is approved

09/08/2017

Casual footwear manufacturer Alpargatas has reported sales on $275 million during the second quarter of 2017, a 15.1% drop compared to the same period of last year. Sales in Brazil, the company’s domestic market, fell 21.9%, while in Argentina, where it was founded, sales were down 19.9%. There was better news from overseas, however, with...

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