Grendene SA - Company Profile
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Grendene SA (Grendene) is a footwear company based in Brazil. Inventory turnover ratio, integrated business operations, and sales and distribution are the major strengths, even as dependence on Brazil and weak operational performance remains a cause for concern. The global footwear market, online retail market in Brazil, and demand for private labels are likely to offer growth opportunities to the company. However, changes in customer preferences, intense competition, and increase in counterfeit products could affect its business operations.
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