Ferragamo's financial position is solid, with net cash on the balance sheet. Dividend payments were suspended as the pandemic hit in 2020 and 2021 but resumed from 2022.
We believe that a portfolio of strong leading brands in several luxury niches grants LVMH Moet Hennessy Louis Vuitton a wide moat and should allow it to generate economic profits well into the future.
Our latest available data shows that BBY has returned about 23.8% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 21.8% on a year-to-date basis.
The Wholesale Price Index (WPI) data for September 2024, records an annual inflation rate of 1.84 per cent, based on the 2011-12 base year. According to the Ministry of Commerce and Industry, the ...