|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||10.55 - 10.55|
|52-week range||6.25 - 12.75|
|Beta (5Y monthly)||1.32|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||20 May 2019|
|1y target est||N/A|
Inter Parfums (IPAR) finalizes exclusive worldwide license deal for the production and distribution of Salvatore Ferragamo brand perfumes.
Italy's Salvatore Ferragamo said on Tuesday its retail sales in July and August were close to pre-coronavirus levels, after returning to operating profit in the first half of 2021 from a pandemic-driven loss last year. Ferragamo, which has been hit harder than most rivals by the fallout of the coronavirus crisis due to its high exposure to travel spending, is counting on the arrival of former Burberry Chief Executive Marco Gobbetti at its helm later this year to step up turnaround efforts that have struggled to yield results.
However, revenues were still far from pre-COVID levels and the Florentine brand is counting on the arrival of Burberry Chief Executive Marco Gobbetti at the helm later this year to step up turnaround efforts that have so far struggled to yield results. Ferragamo, which has been hit harder than most rivals by the fallout of the coronavirus crisis due to its exposure to travel spending, said on Tuesday first-half sales grew by 46.2% at constant exchange rates to 524 million euros ($617 million). The trend is improving, however, as the month of July "is continuing to show a solid growth in revenues in directly operated stores in the United States, China, Korea and Latin America both versus 2020 and versus the same period of 2019", the company said.