×
191
Fashion Jobs
LEVI'S
Associate Sap Ptp Business Analyst
Permanent · Bengaluru
FEDBANK FINANCIAL SERVICES LTD
Area Sales Manager For Gold Loan - Chennai
Permanent · Chennai
DR MEDITECH SURGICAL AND DIAGNOSTICS INDIA PVT LTD
Production Executive / Production Manager (Biochemistry & Hematology
Permanent · National Capital Region
SAMSARA SHIPPING PVT LTD
Sales Manager
Permanent · Pune
INFEXN LABORATORIES PRIVATE LIMITED
Medical Representative/ Area Sales Manager
Permanent · Navi Mumbai
ELLIOTT MOSS
IT Sales Manager
Permanent · Mumbai
GRAND CHEMICAL WORKS
Area Sales Manager - Jaipur gt
Permanent · Kota
IGENETIC DIAGNOSTICS /HEALTH MAP DIAGNOSTIC PVT LTD
Area Sales Manager/Territory Manager
Permanent · Pune
RANDSTAD INDIA PVT LTD
Market Development Manager - Horeca Sales
Permanent · National Capital Region
SHREE HR SERVICES
Retail Sales Executive
Permanent · Varanasi
PEP TECHNOLOGIES PRIVATE LIMITED
Area Sales Executive / Area Sales Manager (Only From Skin Care)
Permanent · Bengaluru
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager
Permanent · Hyderabad
WHITEHAT JR
Sales Manager India
Permanent · Faridabad
VIJAYA ENGINEERING WORKS
Production Manager
Permanent · Hosur
REFLECTOSAFE
Area Sales Manager - Delhi
Permanent · National Capital Region
R AND R SALONS PRIVATE LIMITED
Requirement of Area Manager
Permanent · Bengaluru
REFLECTOSAFE
Area Sales Manager - Chennai
Permanent · Chennai
AQUAGENICS RESEARCH & DEVELOPMENT INDIA PVT. LTD.
Area Sales Manager
Permanent · Pune
MUTHOOT FINCORP
Area Manager
Permanent · Tiruchirappalli
INFINIX
National Sales Manager
Permanent · MUMBAI
1MG
Sales Manager - Diagnostics
Permanent · National Capital Region
DODLA DAIRY LIMITED
Area Sales Manager -Salem
Permanent · Salem
Translated by
Barbara Santamaria
Published
Nov 15, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Alpargatas revenue slides as sales fall globally

Translated by
Barbara Santamaria
Published
Nov 15, 2017

Net global sales of Brazilian group Alpargatas fell 3.3% in the third quarter. The owner of flip flop brand Havaianas said revenue reached 951.1m reais ($286m, 242.3m euros), as its performance weakened both in Brazil and abroad.


Havaianas


In Brazil, net revenues fell by 1.1% to 670m reais ($201m, 170.8m euros) compared with the third quarter of 2016, but the biggest fall was recorded in Argentina, where the brand saw revenues drop 11.3% to 172.2 million reais ($51.6m, 43.8m euros).

Meanwhile the Sandals International division, which is responsible for the brand’s international business (excluding Argentina), reported sales of 108.4m reais ($32m, 27.6m euros) for the three months between July and September, down 1.8% on the same period last year.

The results reveal the brand performed better in Brazil than in its international markets, repeating 2016’s trend when Alpargatas reported weak international sales and double-digit growth in Brazil.

The group, which announced its financial results this week, attributed the decline in sales in Argentina to the growing competition from global brands, which impacted Topper’s sales in the market.

In Brazil, Mizuno and Osklen sales increased during the third quarter, but the rise couldn’t offset the poor performance of its sandals division. However, the group said its gross margin grew in its domestic market as a result of increased Mizuno profitability and Havaianas’ cost cutting plan.

Alpargatas’ international division reported lower volumes and a decrease in revenue in both dollar and euros.
EBITDA also fell 14.9% in the third quarter, and consolidated net income totalled 71.3m reais ($21m, 18m euros), down 15% on the previous year.

Net revenues for the nine months of 2017 reached 2.61bn reais ($786m, 667.2m euros), falling 12.4% compared with the same period in 2016.

Copyright © 2022 FashionNetwork.com All rights reserved.