parent group Aeffe on Friday reported a 14 percent decrease in first-quarter revenues to 80.2 million euros, compared with 93.2 million euros in the same period last year.
In the three months ended March 31, earnings before interest, taxes, depreciation and amortization amounted to 6.3 million euros, compared with 11.5 million euros last year, impacted by the contraction in sales.
Aeffe named Appiolaza to the top creative role at Moschino overseeing the women’s, men’s and accessories collections, in January. He brought to , working with creative director Jonathan Anderson. He previously held the same role at Chloé with Clare Waight Keller. Appiolaza was appointed following the premature death of previous creative director In the first quarter, Aeffe sales in Italy decreased 17.6 percent to 35.2 million euros, representing 43.9 percent of the total.
The company reported an operating loss of 1.8 million euros compared to an operating profit of 3.2 million euros in 2023. As of March 31, net debt, including the IFRS 16 effect, totaled 239.5 million euros, compared with a debt of 253.5 million euros at the end of 2023.Nicole Kidman's Daughters Sunday and Faith Urban Wear Monique Lhuillier for AFI Life Achievement Award GalaZendaya and Tyla Win While Lauren Sanchez Falls Flat: The Best and…. We use vendors that may also process your information to help provide our services. // This site is protected by reCAPTCHA Enterprise and the Google.