The Italian luxury group Aeffe has postponed the publication of its interim report. This was originally planned for November 14th. The decision is related to an ongoing industrial recovery plan, which also impacts the document.
Earlier this year, Moschino’s parent company, Alberta Ferretti and Pollini, initiated a strategic review that included a repositioning of Moschino. The reason for this was the growing financial pressure as a result of the difficult industry situation. Trading in Aeffe shares was suspended in October after the board initiated crisis management proceedings under Italian insolvency law to provide the group with temporary protection.
The announcement came after Aeffe reported a loss of 11.9 million euros in consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) in the first nine months of 2025. In the same period last year, EBITDA was 90.9 million euros. Net debt also increased – from 67.7 million euros at the end of 2024 to 114.9 million euros as of September 30, 2025.
According to the company’s latest financial report, consolidated group sales fell by 25.1 percent in this period on a currency-adjusted basis – from 207.8 million euros in 2024 to 155 million euros. At current exchange rates, the decline was 25.4 percent.
When viewed by product category, the sharpest decline was recorded in the ready-to-wear segment. Revenue here amounted to 95.5 million euros, which corresponds to a decrease of 31.3 percent compared to the previous year. Sales in the shoes and leather goods division fell by 11.4 percent after adjusting for currency effects to 76.8 million euros.
Geographically, Italy recorded the weakest development during this period. Sales fell 30.3 percent, primarily due to a 36 percent decline in the wholesale business. In Europe, sales fell by 17.1 percent to 52.8 million euros, and in the Americas by 27 percent. In Asia and the rest of the world the decline was 25.6 percent.
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