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.
Wholesaler True Value filed for bankrtupcy Monday and announced its plans to sell to rival Do It Best. True Value retail stores are not included in the bankruptcy.
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A few years ago, the company decided to launch Samsung TV Plus, a free streaming service for its TVs, smartphones, and tablets. However, Samsung has expanded the service beyond its products.