Aeffe Group posts 7% turnover increase
According to preliminary data, the Aeffe Group achieved revenues of 268.8 million euro in 2015, compared to 251.5 million euro in 2014: growth was 7% at current exchange rates and by 5 , 1% at constant rates.
The group owns the brands Alberta Ferretti, Philosophy di Lorenzo Serafini, Moschino (pictured), Pollini, Jeremy Scott and Cédric Charlier. Revenues of the prêt-à-porter division amounted to € 207.2 million (+ 7.8% at current exchange rates), as part of the footwear and leather goods to 95.7 million euro (+ 11.4% gross eliminations between the two divisions).
“We are pleased with the progress of group turnover, especially in the United States and Greater China, markets that we believe will be the drivers for future growth – said Massimo Ferretti, executive chairman of Aeffe -. This trend already reflects the positive results of the strategic investment plan, aimed at further enhancing the positioning of our brands, which we believe will bring concrete results, especially in terms of profitability in the medium to long term”