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    Italy Luxury Brand Aeffe Spa2013 Revenue In The First Half Of Fiscal Year Was 122 Million 900 Thousand Euros.

    2013/7/31 17:47:00 15

    Luxury BrandsLuxury Brands

    < p > Italy luxury brand group Aeffe SpA (AEF.MI) 2013 revenue in the first half of fiscal year was 122 million 900 thousand euros, an increase of 1% over the same period last year, and an increase of 2.5% under constant exchange rate. The income of the garment sector increased by 0.9% to 97 million 800 thousand euros compared with the previous year. The income of the a target= "_blank" href= "http://www.91se91.com/" > shoes < /a > leather and leather goods department was 33 million 700 thousand euros, 4.3% higher than that of the same period last year. < /p >
    < p > group EBITDA was 7 million 300 thousand euros, an increase of 3% over the same period last year, 7 million 100 thousand euros in the same period last year, of which the apparel sector EBITDA was 7 million 760 thousand euros, the footwear industry and leather goods department EBITDA was -40 million euros, the pre tax loss was 2 million 200 thousand euros, narrowing 1 million 400 thousand euros compared with the same period last year, and the net loss was 3 million 700 thousand euro yuan, compared with 4 million 300 thousand euros last year. As of June 30, 2013, Aeffe SpA (AEF.MI) liabilities amounted to 97 million euros, compared with 101 million 600 thousand euros in the same period last year. < /p >
    < p > by region, Aeffe SpA (AEF.MI) declined in Europe (except Italy and Russia), Russia, the United States and Japan, respectively, by 1.9%, 6%, 17% and 9.4% to 2410, 954, 772 and 10 million 150 thousand euros respectively, excluding Japanese yen depreciation, and Japan's sales increased by 8.3%. The surprise is that sales in Italy increased by 5.7% to 52 million 760 thousand euros, accounting for 43% of the group's total sales, while sales in other regions were 18 million 640 thousand euros, up 12.7% from the same period last year. < /p >
    P Ferretti Aeffe SpA (AEF.MI) executive chairman Massimo Ferretti said he was very satisfied with the group's performance in Italy and believed that sales in the Middle East and far east were strong. Based on this trend, the group plans to add 10 new stores in China in the second half of this year. < /p >
    < p > the total number of stores in the first half of the group was 93, which was unchanged from the end of 2012, and the total number of franchise stores decreased from 10 to 113. The main reason was that the Jean Paul Gaultier brand started to end its partnership with Aeffe SpA (AEF.MI) from the spring and summer series in 2013, and excluded this factor. The group's franchise network increased by 7, mainly located in the Greater China region. < /p >
    < p > Aeffe SpA (AEF.MI) has 4 brands, Alberta Ferretti, Moschino, Pollini and Philosophy, and is responsible for the manufacture and distribution of two brands of Emanuel Ungaro and Emanuel products according to the agency agreement. < /p >
    < p > Massimo Ferretti eliminated the possibility of selling group business when visiting Bloomberg earlier this month. He said the group would focus on independent development and would not seek external funds for the time being. He said that the group was investing more in brands such as Emauel Ungaro, while footwear manufacturer Pollini grew rapidly. "This shows that the situation is starting to become very optimistic", so even if investors are in touch, "it is still not the time to sell". < /p >
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