Aeffe news and archive

Moschino parent Aeffe initiates crisis proceedings

Shares in the Italian luxury goods group Aeffe remain suspended from trading due to heavy share price losses. The company's board of directors decided on October 2 to initiate a negotiated crisis settlement procedure (Composizione Negoziata della Crisi d'Impresa, CNC). Aeffe is listed on the Euronext Star Milan segment of the Euronext Milan...

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Aeffe sales edge up in 2019

Aeffe Group has reported a slight increase in revenues in 2019. The Italian group, which owns brands such as Alberta Ferretti, Philosophy di Lorenzo Serafini, Moschino, Pollini, Jeremy Scott and Cédric Charlier, reported sales of 351.4 million euros in 2019, up 1.4 percent from 346.6 million euros in 2018. Revenues at the ready-to-wear division...

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Aeffe blames wholesale channel for marginal rise in H1 sales

In the first half of 2019, Aeffe Spa reported consolidated revenues of 173.3 million euros (193.2 million dollars), a 1.3 percent increase at current exchange and 1 percent at constant exchange rates. The company said, revenues of the prêt-à-porter division amounted to 132.2 million euros (147.4 million dollars), up 0.4 percent at current...

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Aeffe ends 2018 with sales and profit growth

In the year 2018, Aeffe Group registered sales of 346.6 million euros (391 million dollars), with a 11.2 percent increase at constant exchange and 10.9 percent at current exchange rates. Due to improvement in operating profit, in 2018 the company’s profit before taxes amounted to 28.8 million euros (32.5 million dollars), with a 9.9 million...

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Aeffe FY18 sales increase by 11.2 percent

In the year 2018, Aeffe Group registered sales of 346.6 million euros (396.8 million dollars), a 11.2 percent increase at constant exchange and 10.9 percent at current exchange rates. The company said, revenues of the prêt-à-porter division amounted to 265.6 million euros (304 million dollars), up by 11.2 percent at constant exchange and 10.8...

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Aeffe posts 35.1 percent increase in nine months profit

In the first nine months, Aeffe SpA recorded a 35.1 percent increase in profits, reports WWD quoting figures released by the company. Earnings during the period under review reached 16.1 million euros (18.2 million dollars), compared with 11.9 million euros (13.4 million dollars) in the same period last year. The company’s revenues for the...

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Aeffe improves sales and profitability in the first half

In the First Half of 2018, consolidated revenues at Aeffe Spa amounted to 171.1 million euros (200.4 million dollars), an increase of 14.1 percent at current exchange and 15 percent at constant exchange rates. The Group’s consolidated Ebitda was equal to 21 million euros (24.6 million dollars), compared to 15.5 million euros (18 million dollars)...

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Aeffe FY17 revenue up 11.6 percent, profit jumps over 200 percent

In the year 2017 Aeffe Group registered sales of 312.6 million euros (385.3 million dollars), an 11.6 percent increase at constant exchange and 11.4 percent at current exchange rates. The group also posted an excellent improvement in margins; consolidated Ebitda was equal to 36.6million euros (45 million dollars), 11.4 million euros (14 million...

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Aeffe's FY17 revenues rise 11.6 percent

According to the preliminary data, in the year 2017 Aeffe Group registered sales of 312.6 million euros (383.6 million dollars) compared to 280.7 million euros (344.5 million dollars) in 2016, an 11.6 percent increase at constant exchange and 11.4 percent at current exchange rates. The company said, revenues of the prêt-à-porter division...

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Aeffe's nine-month revenues rise 9.9 percent

In the first nine months of 2017, Aeffe’s consolidated revenues amounted to 235 million euros (273 million dollars), a 9.9 percent increase at current exchange and 10 percent at constant exchange rates. Revenues of the prêt-à-porter division amounted to 179.9 million euros (209 million dollars), up by 9.8 percent both at current and constant...

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Aeffe posts 7 percent rise in H1 revenues

Aeffe first half consolidated revenues increased to 137.8 million euros (154 million dollars), compared to 128.7 million euros (143.8 million dollars) in 1H 2015 representing 7 percent rise at current exchange rates and 7.3 percent at constant exchange rates. Ebitda of 12.2 million euros (13.6 million dollars)increased 25 percent and net Profit...