AEFFE Group (Moschino, Alberta Ferretti) reduces its losses for 2010

AEFFE Group, owner of Alberta Ferretti and Moschino brands has announced an important decrease in losses for 2010, at a value of 12,5 million euros, compared to 20,1 million euros in 2009. Orders for the Fall season placed this Spring registered an increase of 17%, an important sign of revival for the troubled Italian group.