×
74 418
Fashion Jobs
DECKERS
Full Time Stock Lead, Deckers Brands
Permanent · VENTURA
JCREW
Analyst - Information Security
Permanent · New York
BLOOMINGDALE'S
Manager, Sales - Jewelry/Fashion Access
Permanent · New York
SACK OFF 5TH
Asset Protection Door Guard
Permanent · LAWRENCEVILLE
SACK OFF 5TH
Asset Protection Investigator
Permanent · HANOVER
SACK OFF 5TH
Asset Protection Supervisor
Permanent · LIVERMORE
SACK OFF 5TH
Asset Protection Investigator
Permanent · ORLANDO
UNDER ARMOUR
Stock Lead, pt
Permanent · ELLENTON
UNDER ARMOUR
Stock Teammate, Part-Time 5am-1pm Shift, $16.75 Per Hour
Permanent · LIVERMORE
THE REALREAL
Single Market Sales Account Executive (Single Market Luxury Manager)
Permanent · West Chester
TO THE MARKET
Import Logistics Manager
Permanent · LEXINGTON
FABLETICS
Assistant Stylist/Product Coordinator
Permanent · EL SEGUNDO
URBN
Anthropologie Senior Manager, CRM
Permanent · PHILADELPHIA
URBN
sr Events Manager (m&v)
Permanent · DEVON
NEIMAN MARCUS
Loss Prevention Investigator
Permanent · Denver
UNDER ARMOUR
Stock Teammate, Part-Time, 5am Tuesday-Saturday Shift, $15.25 Per Hour
Permanent · SAN DIEGO
UNDER ARMOUR
Stock Lead, ft
Permanent · GRAPEVINE
BLOOMINGDALE'S
Asset Protection Detective, Full Time - Aventura
Permanent · MIAMI
BLOOMINGDALE'S
Manager, Sales - Chanel Shoes
Permanent · NEW YORK
OLD NAVY
General Manager - Hiram Pavilion
Permanent · HIRAM
OLD NAVY
Assistant General Manager - Tysons Corner Center
Permanent · TYSONS
OLD NAVY
General Manager - Arbor Place
Permanent · DOUGLASVILLE
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 © 2023 FashionNetwork.com All rights reserved.