×
69 441
Fashion Jobs
ESTEE LAUDER
Manager, Channel Marketing, Aveda na
Permanent · New York
ESTEE LAUDER
Area Manager, Production - Bristol - 2nd Shift
Permanent · Bristol
ESTEE LAUDER
Keyholder - The Cosmetic Company Store - 20hrs - Philadelphia Premium Outlets - Pottstown,PA
Permanent · Pottstown
ESTEE LAUDER
Area Manager, Technical Services - Bristol - 2nd Shift
Permanent · Bristol
ASCENA
Part Time Sales Manager - Ann Taylor, The Woodlands Mall
Permanent · The Woodlands
LEVI'S
Art Director
Permanent · Remote
LULULEMON
Assistant Manager, Operations | Ponce City Market
Permanent · Atlanta
LULULEMON
Assistant Manager, Operations | Arizona Market
Permanent · Scottsdale
LULULEMON
Assistant Manager, Guest Experience | Arizona Market
Permanent · Scottsdale
ULTA BEAUTY, INC.
Skin Care Consultant
Permanent · Fort Walton Beach
ULTA BEAUTY, INC.
IT Manager - End User Services
Permanent · Bolingbrook
ULTA BEAUTY, INC.
Tax Analyst - Sales & Use Compliance
Permanent · Bolingbrook
ULTA BEAUTY, INC.
General Manager
Permanent · Walker
ULTA BEAUTY, INC.
General Manager
Permanent · Baltimore
ULTA BEAUTY, INC.
Inventory Control Specialist
Permanent · Bolingbrook
ULTA BEAUTY, INC.
General Manager
Permanent · Harker Heights
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Jacksonville Beach
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Wall Township
ULTA BEAUTY, INC.
General Manager
Permanent · Carbondale
URBN
Anthropologie Buyer - Upholstery
Permanent · PHILADELPHIA
URBN
Free People Senior Merchandise Planner
Permanent · PHILADELPHIA
ALICE AND OLIVIA
Sales Supervisor - Los Angeles
Permanent · Los Angeles
Published
May 15, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Aeffe: first quarter up 7.4%

Published
May 15, 2019

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 © 2022 FashionNetwork.com All rights reserved.