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Prada scraps dividend payment
Like many other companies, Prada has decided to drop its full-year dividend to retain financial resources in the light of the crisis caused by the Covid-19 pandemic. It said that the decision will give it access to ”further resources to rapidly go back to its previous activity levels in ...
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Article
Ferragamo’s Q1 sales drop by 30.6%
Salvatore Ferragamo said that its sales fell by 30.6 percent to €220 million in the first quarter due to the impact of the novel coronavirus, Covid-19. At constant currency rates, the top line was down by 31.4 percent.
