Veste S.A. Estilo Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023
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Veste S.A. Estilo reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 265.17 million compared to BRL 232.77 million a year ago. Net income was BRL 6.57 million compared to net loss of BRL 59.05 million a year ago.
Restoque Comercio e Confeccoes de Roupas SA, formerly Le Lis Blanc Deux Comercio e Confeccoes de Roupas SA, is a Brazil-based company primarily engaged in the fashion industry. The Company focuses on the design, development, manufacture and trade of apparel and accessories for women and men. It distributes products through own and multi-brand stores, wholesale network, franchise and outlet stores, as well as online platform. The Company's apparel brand names comprise Le Lis Blanc Deux, Dudalina, Bo Bo - Bourgeois Boheme, John John, Noir Lelis, Individual and Rosa Cha. In addition, the Company retails home decor items, hygiene articles and cosmetics. The Companyâs subsidiaries include Dudalina SA.