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Brazilian Footwear Giant Arezzo & Co Posts Q1 Revenue Growth

The conglomerate's results were boosted by a return to physical retail. Arezzo & Co.
The company’s online operations helped boost the bottom line in Q1. Arezzo & Co. (Arezzo & Co.)
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The footwear and accessories conglomerate reported an adjusted net income of 58 million Brazilian reais ($11.34 million) in the first quarter of 2022, an increase of 94 percent compared to the the same period last year. Net income rose 229 percent, reaching 97.2 million reais.

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Graciela Martin

Graciela Martin is a contributing writer at The Business of Fashion. She is a journalist, content strategist, and consultant based in London.

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