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Decline of Alpargatas continues in third quarter

17/11/2017
Decline of Alpargatas continues in third quarter

Casual footwear manufacturer Alpargatas has reported sales of $290 million during the third quarter of 2017, a drop of 3.2% compared to the same period of last year. Sales were especially disappointing in Argentina, where the company was founded, falling 11.3% to $52.6 million. There was also a 1.1% decrease in sales in Brazil, Alpargatas’...

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