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Business

Havaianas owner Alpargatas reports Q1 loss

Net revenue at Alpargatas, owner of the iconic brand Havaianas, reached 902.5 million Brazilian real in the first quarter, down 2.7 percent compared to the same period in 2022. The company said, increase in revenue per pair partially offset the double-digit drop in sales volumes in the quarter. The company's net loss reached 199.7 million...

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