Rio Times
Rio Times··1 min read
Brazil Retail Giant Pernambucanas Faces Auditor Doubt It Can Survive
BRAZIL · BUSINESS Key Facts —The warning: Auditor PwC Brazil flagged “significant doubt” about the future of fashion retailer Pernambucanas, in a report attached to the 2025 accounts. —Third year of losses: The holding company posted a 2025 net loss of R$464.9m ($92.4m), up from R$386m ($76.7m) in 2024. —Sales still grew: Net revenue rose […] The post Brazil Retail Giant Pernambucanas Faces Auditor Doubt It Can Survive appeared first on The Rio Times .
Source: Rio Times
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