Moschino reduces stake in joint venture with Altana for junior line

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

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

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