Brazil: Retail Sales Floundering

Posted on June 16, 2015 • Filed under: Brazil, Business, Economy

ft.com reported With consumer spending in Brazil floundering, it should probably come as no surprise that some of the biggest losers on the country’s stock market this year can be found in the retail sector.

Cia Hering, one of Brazil’s largest clothing retailers, is the second second worst performing stock on the Bovespa index so far this year. Read Article

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