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Edoardo Meliado Translated by
Nicola Mira Published
July 28, 2025
Italian fashion and luxury group Aeffe S.p.A. is active in ready-to-wear apparel, footwear and leather goods, with an array of well-known labels such as Alberta Ferretti, Philosophy by Lorenzo Serafini, Moschino, Pollini, Jeremy Scott and Cédric Charlier. In the first half of 2025, the group has recorded an 8.8% revenue rise at current exchange rates, up to €150 million (+8.6% at constant exchange rates), and a huge, 214% leap in net income over the same period last year, reaching €4.6 million.

Revenue for the ready-to-wear division was €116.3 million, equivalent to an 8.8% rise compared to the first six months of 2025, while revenue for the footwear and leather goods division grew 12.5% to €50.4 million.
Geographically, Italy accounted for the largest share of Aeffe's consolidated revenue, 48%, and had a very positive first half of the year, growing 19% compared to the same period of 2025, to €72.1 million. Europe minus Italy and Russia accounted for 21.3% of revenue and increased by 5.9%, up to €31.9 million. Russia and the USA have instead lost ground. The former accounted for 3% of consolidated revenue and lost 5.9%, while the USA, with a 6.5% revenue share, lost 12.5% over last year, notably due to the slow-down in department store sales. The rest of the world carved a 21.1% share of Aeffe's revenue and grew 1.9% over the first half of last year, reaching €31.7 million.
In terms of distribution channels, the wholesale division grew 6.1%, and accounted for 70.2% of consolidated revenue. The retail division, including directly owned and franchised stores, instead grew by 17.9% at current exchange rates, for a 26.7% share of the group's business. Finally, royalty revenue grew 0.6% over the first half of 2025, and accounted for 3.1% of consolidated revenue.

Consolidated EBITDA was €15.5 million, equivalent to a 10.3% margin, up from the €12.2 million recorded in the same period last year.
Pre-tax profits were €7.4 million, and grew 55% over the first half of last year.
The group's financial statement as of 30th June 2025 also showed net assets for €139.7 million and a debt of €67 million, an improvement over the €76.3 million recorded at the same time last year.