The Italian luxury group Aeffe, which owns traditional brands such as Alberta Ferretti, Moschino and Pollini, has announced that Rocco Bennici has submitted his resignation. Bennici is Chief Financial Officer (CFO), responsible for the preparation of the company’s accounting documents and investor relations. He will leave the company effective June 9, 2026 to take on a new professional challenge.
Bennici only took on the role a year ago. He came from the sneaker brand P448 in June 2025, where he said he was Chief Financial & Operating Officer for seven months on Linkedin. Before that, he worked as Group Treasury and Corporate Finance Director at Diesel parent OTB Group for almost four years.
Employees challenge their own termination
At the beginning of April, 30 of the 120 employees laid off by the company decided to challenge the dismissal. They are supported by the Cgil union and are taking legal action against the company.
“The lawsuit reopens one of the most painful chapters of the restructuring. In recent months, this has affected the headquarters in San Giovanni in Marignano and the offices in Milan. After the initial initiation of the dismissal process for 221 employees, around 120 have received notice of termination to date. The company has also registered short-time work for over 400 employees at the locations in Romagna and Milan. At the same time, the process for a negotiated solution to the crisis is ongoing. Find it in the Ministry of Enterprise and Made in Italy Meanwhile, discussions are taking place to monitor the situation and evaluate possible industrial solutions,” emphasizes Collettiva, the Cgil newspaper.
As Daniele Baiesi, secretary of the Filctem Cgil of Rimini, explained to the newspaper Resto del Carlino, this route was already envisaged after receiving the letters of termination. “We had a meeting with all employees who had already expressed their intention to lodge an objection. We showed them the path to take.”
On April 23, the Board of Directors of Aeffe Spa approved the balance sheet as of March 31, 2026. It shows that the company’s net assets have fallen to a negative value of 1.92 million euros. This value is below the legal minimum capital set out in Article 2327 of the Italian Civil Code for public limited companies, which is 50,000 euros. This means that the conditions provided for in the Civil Code have been met in this case.
As the company explains in a statement, when it initiated the negotiation process to deal with the crisis on October 2nd, 2025, the company declared that it wanted to make use of the suspension of the recapitalization obligations. These obligations are set out in Article 2447 of the Civil Code. The suspension is carried out in accordance with Article 20 of Legislative Decree 14/2019, the Italian Corporate Crisis and Insolvency Code.
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