375
Fashion Jobs
SHISEIDO
FP&A Manager (Korean Only)
Permanent · SEOUL
AESOP
Aesop Hanam Starfield - Retail Consultant
Permanent · HANAM-SI
ADIDAS
Senior Specialist, Buying & Trading, E-Commerce
Permanent · SEOUL
ADIDAS
Manager, Personalization & Apps, E-Commerce
Permanent · SEOUL
ADIDAS
Senior Manager, Legal Counsel, Legal
Permanent · SEOUL
HENKEL
Finance Business Controller For Shiseido Professional Brand
Permanent ·
L'OREAL GROUP
[l'Oreal Korea] Kiehl's - CRM & Trade Mkt sr. Specialist~Manager
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] (jr.) Claim Substantiation Specialist - Corporate Regulatory Affairs
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] (sr.) Product Manager - Kerastase Marketing Team, Ppd
Permanent · SEOUL
UNDER ARMOUR
Associate, HR Administration
Permanent · SEOUL
ARKET
Visual Merchandising Manager
Permanent · BUSAN
PUIG
Marketing Manager
Permanent · SEOUL
JAEGER
[Jaeger Lecoultre] Marketing & Communication Director
Permanent · SEOUL
ESTÉE LAUDER COMPANIES
Corporate Account Executive For Travel Retail Korea, Estee Lauder Companies
Permanent ·
ESTÉE LAUDER - BRAND
Assistant Education Manager, Estee Lauder
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] Luxe Div. - Lancome E-Commerce Specialist
Permanent · SEOUL
COS
Instore Visual Merchandiser Manager_seoul/Gyeonggi
Permanent · SEOUL METROPOLITAN AREA
AESOP
Shinsegae Gwangju - Retail Consultant
Permanent · GWANGJU
COACH
Manager, Ecommerce
Permanent · SEOUL
ADIDAS
Manager, Business Planning & Analysis, Wholesales
Permanent · SEOUL
HENKEL
Adhesive Key Account Manager For Sports And Fashion Market
Permanent · BUSAN
HENKEL
Consumer Brands General Manager Assistant
Permanent ·
Translated by
Nicola Mira
Published
Feb 7, 2018
Download
Download the article
Print
Text size

Italian fashion group Aeffe grows 12% in 2017

Translated by
Nicola Mira
Published
Feb 7, 2018

After closing the first nine months of 2017 with a net income surge of 144%, Italian fashion group Aeffe enjoyed another record growth year, generating a consolidated revenue of €312.6 million (+11.6% at constant exchange rates, +11.4% at current exchange rates) for the whole of 2017.


Massimo Ferretti - Credit Alberto Zanetti


"The results for 2017 reflect our strategy of constant attention to quality and to the enhancement of our brands’ international positioning," said Aeffe Spa's Executive President Massimo Ferretti, who emphasised how revenue for all of the brands owned by the group grew in double figures.
 
In terms of distribution channels, sales by the group's directly owned stores posted a robust 18.6% growth at constant exchange rates (+18.4% at current rates). Wholesale revenue was also on the rise, growing 9% at constant exchange rates (+8.9% at current rates).

Geographically, Aeffe recorded strong performances in Italy (+20.7%, the country accounting for 48.7% of the group's total revenue), Europe (+13.6%) and Greater China (+16.5%). Business in the USA instead posted a downturn, with revenue falling by 17.5% at constant exchange rates, chiefly due to a slow-down in department store sales.
 
In terms of product categories, the ready-to-wear division's revenue reached €239.8 million, rising 11.4% at constant exchange rates (+11.1% at current rates). Revenue for the footwear and leather goods division increased by 12.8%, to €108.2 million, both at constant and current exchange rates, before inter-divisional adjustments.
 
Aeffe SpA, owner of Alberta Ferretti, Philosophy by Lorenzo Serafini, Moschino, Pollini, Jeremy Scott and Cédric Charlier, closed the 2016 financial year with a revenue of €280.7 million.

Copyright © 2024 FashionNetwork.com All rights reserved.