×
42 721
Fashion Jobs
CLARKS
Assistant Wholesale Marketing Manager
Permanent · Waltham
ADIDAS
Manager Outbound Operations
Permanent · Spartanburg
ADIDAS
Senior Manager, Performance Marketing - Membership (Digital)
Permanent · Portland
ADIDAS
Logistics Manager
Permanent · Pittsburgh
ADIDAS
Technical Manager Maker Lab
Permanent · New York
GAP
Senior Producer- Digital Operations – International Promotions
Permanent · San Francisco
GAP
General Manager- Macarthur Park
Permanent · Irving
HUDSONS BAY COMPANY (HBC)
Analyst, Supply Chain
Permanent · Brampton
PUMA
Analyst, Business Intelligence - Consumer Insights
Permanent · Westford
L'OREAL GROUP
Buyer - (Purchasing/Procurement/Indirect Sourcing)
Permanent · Berkeley Heights
DESIGNER BRANDS
Director, Marketing Advanced Analytics
Permanent · Columbus
THE REALREAL
Sales Analyst, Business Strategy And Analytics
Permanent · San Francisco
THE REALREAL
Authentication And Brand Compliance Lead
Permanent · Perth Amboy
OLD NAVY
Assistant General Manager, Merchandising - Crossroads at Baileys
Permanent · Falls Church
COTY
E-Commerce Key Account Sales Manager
Permanent · New York
RALPH LAUREN
Ralph Lauren Stores - General Manager, Naples
Permanent · Naples
A & F
Brand Marketing Manager, Abercrombie & Fitch - Emea
Permanent · London
RAG & BONE
Sales Supervisor (Full-Time) - Brentwood
Permanent · Los Angeles
GIII APPAREL GROUP
Denim Design Director
Permanent · New York
ALICE AND OLIVIA
Sales Supervisor - Los Angeles
Permanent · Los Angeles
ALICE AND OLIVIA
Sales Supervisor - Boston
Permanent · Boston
TAPESTRY
Senior Planner, Global Merchandise Planning
Permanent · New York

Aeffe: first quarter up 7.4%

Published
today May 15, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Italian luxury group Aeffe, parent company of brands such as Alberta Ferretti, Moschino and Pollini, is seeing the positive trend in its results continue. After having closed 2018 with sales up 11.2% at constant exchange rates, the company also closed the first quarter of 2019 on a positive note, at €102.2 million (up 7.4% at current exchange rates).


Moschino - Fall-Winter2019 - Womenswear - Milan - © PixelFormula



Margins are also growing, with EBITDA at €26.6 million (up 9%), and profits, with a net profit of €11.8 million (up 4.3%). Revenues from the prêt-à-porter division amounted to €77.9 million, an increase of 8% at current exchange rates, while footwear and leather goods increased by 4% to € 33.3 million. However, sales for the Fall/ Winter 2019-20 season fell by 4% compared to the previous winter season.
 
Geographically, Italy, which accounts for 45.1% of total turnover, closed the quarter with growth of 1.8%, up to €46.1 million. Europe fell slightly behind (at 22.7% of the total), down by 1.4%, while America(5% of the total) grew by 2.9%. Good performances were seen in Asia and the Rest of the World region (27.2% of the total), up 29.3%, thanks mostly to high demand in Greater China, which grew by 20.1%.

With regard to distribution, the wholesale channel, which represents 74% of total turnover and is therefore the largest sales channel, grew by 6.4% at current exchange rates; retail also performed well, with an increase of 8.1% at current exchange rates to account for 22.8% of total group turnover. Revenues for royalties increased by 29.3% compared to the first quarter of 2018 and represented 3.2% of consolidated turnover.

Copyright © 2020 FashionNetwork.com All rights reserved.