Aeffe news and archive

Aeffe postpones management report amid business review

Italian luxury giant Aeffe has postponed the publication of its interim management report, initially scheduled for November 14, as it continues to undergo an industrial recovery plan which has brought about implications for the document. The company had first initiated a strategic review early this year, including a repositioning of Moschino, as...

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Business

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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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 Group: 2024 Earnings positive at 84.7 million euros despite decrease in revenue

Consolidated revenue totaled €251 million, compared to €319 million in 2023, representing a decrease of 21.2% at constant exchange rates (-21.3% at current exchange rates) for Aeffe S.p.A. in 2024. Last Friday, the board of directors of the company, listed on the Euronext Star Milan segment of the Euronext Milan market of Borsa Italiana, which...

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Business

Aeffe, the parent company of Moschino, reports a 21% drop in annual revenue

Italian fashion group Aeffe SpA felt the impact of adverse market conditions in fiscal year 2024. On Thursday, the parent company of brands such as Moschino, Alberta Ferretti, and Pollini, announced significant revenue losses. The company also announced the departure of Moschino CEO Goffredo Palmerini. Preliminary figures show Aeffe's group...

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Business

Aeffe announces strategic review for Moschino after sales loss

Aeffe Spa, the Italian parent company of brands including Alberta Ferretti, Philosophy di Lorenzo Serafini, Moschino and Pollini, has announced preliminary sales figures for the 2024 financial year. The fashion group reported a 21.3 percent decline in consolidated sales, totaling 251 million euros compared to 319 million euros in 2023. In Italy,...

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Management

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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Report

Alberta Ferretti names first general manager

Aeffe Group-owned Alberta Ferretti has appointed Alexandra Lamprecht as its first general manager, a new role through which the brand hopes to drive growth and expand in international markets. Lamprecht will report to Aeffe Group president, Massimo Ferretti, who confirmed the appointment to WWD, to which he said “that her professional skills...

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Report

Lorenzo Serafini takes over as creative director of Alberta Ferretti brand

Aeffe has appointed Lorenzo Serafini as creative director of the Alberta Ferretti brand. Serafini, who joined the Aeffe Group in 2014 as creative director of the Philosophy di Lorenzo Serafini brand, succeeds the fashion house's founder, Alberta Ferretti, who announced her retirement from the runway in September this year. "With the fashion...

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Report

Aeffe sells Moschino cosmetics brand to Euroitalia for 98 million euros

Luxury group Aeffe Spa has announced the sale of part of the Moschino brand to Euroitalia for 98 million euros, expanding on an already long-running collaboration between the two conglomerates. The sale is specifically in relation to all products under the product class 3 of the Nice Classification, which includes mainly cosmetics, perfumes,...

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Alberta Ferretti steps down as creative director of her brand

Alberta Ferretti will be stepping down as creative director of her eponymous label, the parent company Aeffe Spa announced on Tuesday. Ferretti and her brother Massimo Ferretti founded the Italian group in 1980, which today also includes Moschino and Philosophy, before she debuted her own brand, Alberta Ferretti, a year later. "43 years have...

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Management

Aeffe's H1 loss widens, revenues decline by 14.6 percent

Aeffe, with a portfolio of brands including Alberta Ferretti, Philosophy di Lorenzo Serafini, Moschino and Pollini, reported revenues of 138.6 million euros, down 14.6 percent at constant exchange and 14.9 percent at current exchange in the first six month period. EBITDA for the period declined to 0.4 million euros and group net loss widened to...