Aeffe

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Aeffe S.p.A. is an Italian joint-stock company founded in 1988 that operates internationally in the luxury sector, producing ready-to-wear, footwear, leather goods, lingerie, and beachwear. The company has been listed on the Milan Stock Exchange (Borsa Italiana: AEF) since 2007, where it is included in the FTSE Italia STAR and FTSE Italia Small Cap indices. In 2019, Aeffe made €12.0 million net profit on revenues of €351.4 million.

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The group develops collections and operates for the proprietary brands Alberta Ferretti, Philosophy di Lorenzo Serafini, Moschino, and Pollini, as well as the licensed brands Cédric Charlier, Jeremy Scott, and Blugirl Folies. The group has also licensed to certain partners the production and distribution of other product categories including fragrances, children's and junior lines, watches, and eyewear.

History

In 1972, designer Alberta Ferretti began her business as a sole proprietorship. In 1988, a company called Faar s.r.l. was established, which transferred the business to Faar. In 1990, the company was transformed into a joint-stock company, becoming the current Aeffe S.p.A. The first collaboration with other designers dates back to 1983, when the company began producing Franco Moschino's Moschino Couture line under license. [1]

The group's growth has been accompanied over the years by collaborations with other leading designers, such as Jean-Paul Gaultier since 1995 (the collaboration ended with the Spring/Summer 2013 collection) and Narciso Rodriguez since 1998 (the collaboration ended in 2007). The group has been the exclusive licensee of the brands Cédric Charlier since 2011 and Emanuel Ungaro since 2012 (the partnership ended in 2015). [2] Since 2013, the creative direction of the Moschino brand has been entrusted to Jeremy Scott, an American designer born in 1975. [3] [4] In 2021, Aeffe acquired 100% ownership of Moschino through the acquisition of the remaining 30 percent stake. [5] [6] In 2024, Aeffe sold its Moschino brand cosmetics and perfumes business to Euroitalia for €98 million ($110 million). [7] Euroitalia had been making the Moschino fragrances since 1987, and was already the exclusive licensee of the brands.


See also

References

  1. ↑ Suzy Menkes (26 October 1999), Aeffe Buys Moschino Archived 2 August 2021 at the Wayback Machine International Herald Tribune .
  2. ↑ Suzy Menkes, Ungaro's Latest Revival, New York Times, 24 September 2012
  3. ↑ "Moschino gets sketchy with a riot of scribble print in Milan". the Guardian. September 21, 2018. Retrieved 2022-04-12.
  4. ↑ William van Meter (November 30, 2011). "Jeremy Scott, Fashion's Last Rebel". The New York Times. Retrieved October 24, 2016.
  5. ↑ Silvia Recchimuzzi (28 July 2021), Italy's Aeffe raises stake in Moschino to 100% Reuters .
  6. ↑ Aeffe to Acquire Full Control of Moschino Business of Fashion, Robert Williams, 29 July 2021
  7. ↑ "Aeffe sells 'Moschino' brand for perfumes to Euroitalia". Reuters. September 27, 2024.


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