The net income of Brazilian footwear company Grendene dropped by over 50 percent in 2020, after a strong increase in 2019. That year, Grendene had reported a total of 819 million Brazilian reals of net income.
Due to the COVID-19 pandemic, the apparent consumption of footwear in Brazil went down in 2020.
Net income of Grendene from 2016 to 2020
(in million Brazilian reals)
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Grendene. (March 4, 2021). Net income of Grendene from 2016 to 2020 (in million Brazilian reals) [Graph]. In Statista. Retrieved August 10, 2022, from https://www.statista.com/statistics/1178775/grendene-net-income/
Grendene. "Net income of Grendene from 2016 to 2020 (in million Brazilian reals)." Chart. March 4, 2021. Statista. Accessed August 10, 2022. https://www.statista.com/statistics/1178775/grendene-net-income/
Grendene. (2021). Net income of Grendene from 2016 to 2020 (in million Brazilian reals). Statista. Statista Inc.. Accessed: August 10, 2022. https://www.statista.com/statistics/1178775/grendene-net-income/
Grendene. "Net Income of Grendene from 2016 to 2020 (in Million Brazilian Reals)." Statista, Statista Inc., 4 Mar 2021, https://www.statista.com/statistics/1178775/grendene-net-income/
Grendene, Net income of Grendene from 2016 to 2020 (in million Brazilian reals) Statista, https://www.statista.com/statistics/1178775/grendene-net-income/ (last visited August 10, 2022)
