Report
Lucia Saluzzi

Aeffe S.p.a., 1H2017

Aeffe Group operates worldwide in the fashion and luxury goods sector and it’s active in design, production and distribution of its own collections with its own brands, including "Alberta Ferretti", "Philosophy", "Moschino" and "Pollini" and with licensed brands, including "Blugirl", "Cedric Charlier" and "Jeremy Scott".

In 1H2017 net sales amounted to 149.9M€, 8.8% higher than the year before, the prêt-a-porter division increased 8.8% yoy to 116.3M€ and the footwear and leather goods segment increased 12.5% yoy to 50.4M€. Turnover increased in Italy (+19% yoy to 72M€) and in UE, excluding Russia, (+5.9% to 31.9M€) whereas US and Russia declined respectively 12.5% to 9.7M€ and 5.9% to 4.6M€. The retail channel recorded a significant growth.

 

Underlying
Aeffe

Aeffe S.P.A.. Aeffe SpA is an Italy-based company engaged in the fashion and luxury goods sector. The Company is active in the design, production and distribution of products. The Company operates through two segments. The Pret-a-porter segment is involved in the design, production and distribution of luxury pret-a-porter garments and lingerie, beachwear and loungewear. This segment also handles the distribution of all products both through the retail channel and through the wholesale channel, as well as manages licensing agreements granted to other companies to manufacture Aeffe and Moschino branded product lines. The Footwear and leather goods segment, which is composed of Pollini and its subsidiaries, mainly handles the design, production and distribution of footwear, small leather goods, bags and matching accessorize. The Company offers its products under such brands as Moschino, Alberta Ferretti, Velmar, Blugirl, Cacharel and Jean Paul Gaultier, among others.

Provider
Twice Research
Twice Research

Twice Research is an independent financial analysis company focused on Small & Medium Caps Corporate Brokerage and Investment Advisory.

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Analysts
Lucia Saluzzi

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