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Business

Aeffe: Losses widen during Q1 as global slowdown impacts retail and wholesale

The board of directors of Italian fashion group Aeffe Spa, which owns Alberta Ferretti, Philosophy di Lorenzo Serafini, Moschino and Pollini, approved the interim management report as of March 31, 2025. Consolidated revenues totalled 61.7 million euros, compared to 80.2 million euros in 2024, a decrease of 23.3 percent at constant exchange rates...

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Business

Aeffe returns to net profit of 35.2 million euros in nine months

The Aeffe Group achieved positive EBITDA for the nine month period at 90.9 million euros with a margin of 43.8 percent on turnover, EBIT was positive for 66.6 million euros with an increase of 78.3 million and net profit amounted to 35.2 million euros compared to a net loss of 17.8 million in 2023. However, revenues of 207.8 million euros were...

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