Marisa’s Turnaround: Brazilian Retailer Cuts Losses and Boosts Sales in Q3 2024

Marisa, a prominent Brazilian fashion retailer, has shown signs of recovery in the third quarter of 2024. The company reduced its net loss to R$71.2 million ($12.5 million) from R$196.4 million ($34.5 million) in the same period last year. This improvement came after a strategic shift in the company’s target market and operations. The retailer’s […]