Aeffe

Moschino reduces stake in joint venture with Altana for junior line

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Translated by Nicola Mira Published Mar 28, 2024 Italian fashion group Aeffe has announced a new financial operation regarding Moschino. The latter has sold a 15% stake in Moschino Kids to its partner Altana Società Benefit, but remains a majority shareholder in the company the two partners set up in September 2022 to develop and … Read more

Aeffe widens its losses in 2023

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Translated by Cassidy STEPHENS Published Mar 14, 2024 Aeffe ends 2023 still in the red. The Italian fashion group, which carried out a major reorganisation of its flagship brand Moschino last year, posted a net loss of 32.1 million euros in 2023, compared to a loss of 9 million euros a year earlier. Sales were … Read more

Aeffe sales down 9% in 2023 on declines across Europe and America

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Luxury group Aeffe announced on Thursday revenues for the full-year 2023 fell 9% at constant rates to 319 million euros, hit by heavy sales declines in Europe and America, partially offset by Asia growth. See catwalkMoschino – Spring-Summer2024 – Womenswear – Milan – © Launchmetrics The Italian owner of Alberta Ferretti, Philosophy di Lorenzo Serafini, Moschino … Read more

Safilo and Levi Strauss extend licensing deal until end-2029

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By Reuters API Published Jan 19, 2024 Italian glasses maker Safilo and U.S. denim clothing maker Levi Strauss & Co have extended a licensing deal for Levi’s-branded eyewear until the end of 2029, the two companies said on Thursday. Levi’s Levi’s glasses “will continue to be distributed globally, leveraging (their) strong brand awareness and widespread … Read more