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Recent Agreements (Tables) | 12 Months Ended
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Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract] |
All amounts have been translated to U.S. dollars at the October 1, 2021 exchange rate. | With respect to the management and coordination of activities related to the license agreement, the Company operates through a wholly-owned Italian subsidiary based in Florence, that was acquired from Salvatore Ferragamo on October 1, 2021. The acquisition together with the license agreement was accounted for as an asset acquisition. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed on October 1, 2021. All amounts have been translated to U.S. dollars at the October 1, 2021 exchange rate.
Inventories |  | $ | 17,805 |
Trademarks and licenses |  |  | 15,880 |
Other assets |  |  | 3,033 |
Assets acquired |  |  | 36,718 |
Liabilities assumed |  |  | (958 | )
|  | $ | 35,760 |

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