×
202
Fashion Jobs
KISHOR EXPORTS
Qam - Quality Assurance Manager For Garment Exports Company
Permanent · Ranchi
FRAME TECHNOLOGY MARKETING SERVICES PVT. LTD.
am/rm/Manager- Sales (Supply Chain Finance)-Loan Frame- Pan India
Permanent · Ahmedabad
MARC LABORATORIES LTD.
Field Sales Officer/Area Business Manager / Regional Business Manager
Permanent · Varanasi
JAYPEE BROTHERS MEDICAL PUBLISHERS PVT LTD.
Area Sales Manager
Permanent · Prayagraj
RUDRAKSHA CERAMICS PRIVATE LIMITED
Area Sales Manager
Permanent · Pune
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
SAHIBANDHU FINTECH SERVICES LIMITED
Area Sales Manager - Sahibandhu
Permanent · New Delhi
HDB FINANCIAL SERVICES
Sales Manager - Alternate Channel
Permanent · Salem
SOSYO HAJOORI BEVERAGES PRIVATE LIMITED
Production / Plant Manager
Permanent · Ahmedabad
JIO
Territory Sales Manager - Warangal & Hannumakonda
Permanent · Hanamkonda
BASIC ENTERPRISES PVT LTD
Loan Consultant/ Area Sales Manager 4l Salary
Permanent · Gurugram
WHITEHAT JR
Sales Manager(Inside Sales_day Shift) Mumbai or Gurgaon _onsite
Permanent · Gurugram
VOLVO WHITE PAINTS INDUSTRIES
Hiring For Sales Officer/Area Sales Manager/ (Haryana)
Permanent · Sonipat
RESPICARE SOLUTIONS
Area Sales Manager /Business Development Manager-Mumbai / Maharashtra
Permanent · Navi Mumbai
GRAND CHEMICAL WORKS
Area Sales Manager- Jaipur & Lucknow
Permanent · Lucknow
ASTRAL ADHESIVES ( ASTRAL GROUP )
Astral Adhesives - Area Sales Manager - Construction Chemicals
Permanent · Ludhiana
VADILAL
Area Sales Manager
Permanent · Varanasi
ASTRAL ADHESIVES ( ASTRAL GROUP )
Astral Adhesives - Area Sales Manager (Maintenance Division)
Permanent · Jodhpur
CEASEFIRE INDUSTRIES PRIVATE LIMITED
Area Manager/ Territory Manager (Sales)_ Goa
Permanent · Pune
INDEED.MX
Trabajo Para Mayores de ed+d
Permanent · MEXICO CITY
INDEED.MX
Trabajo Para Mayores de Edad
Permanent · MEXICO CITY
INDEED.MX
Trabajos Opción Home Office
Permanent · MEXICO CITY
Published
Jan 31, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Aeffe finishes 2019 slightly on the rise

Published
Jan 31, 2020

Aeffe has slowed down in 2019. The Italian group, whose portfolio includes brands Alberta Ferretti, Philosophy, Moschino and the shoe-brand Pollini, and holds licenses for Jeremy Scott and Cédric Charlier, has ended 2019 with a 1.4% increase year-on-year, despite double-digit increases in 2018. The brand’s consolidated revenue for 2019 is 352.4 million euros, boosted in particular by sales in Asian and Europe (excluding Italy).


Alberta Ferretti sales have decreased by almost 19 % in 2019 - © PixelFormula


The only one of Aeffe’s brands that has experienced growth this year is Moschino, the shining star of the group. With more than 262.5 million euros in revenue in 2019, Moschino accounts for 75% of Aeffe’s total sales. On the other hand, there was a 18.9% decrease in sales at Alberta Ferretti and a 0.3% decrease at both the younger label Philosophy and the Pollini shoe brand, which remained stable. The licensed brands, in turn, saw a 10.2% decline.

In 2019, Aeffe registered growth in all of its regions, except for North America and Italy. A quarter of its total annual revenue comes from Asia and the rest of the world, where sales have increased by 7.5% at constant exchange rates. China and South Korea are largely responsible for this, with respective increases of 7.2% and 14.6%. Europe (excluding Italy), representing about the same proportion of revenue, saw an increase of 8.1%. The company credited this rise to England, Germany and Eastern Europe in its report.

Sales decreased by 4.5% in America, a market that usually has a 5% impact on sales. However, Italy experienced the same decline, representing a far greater hindrance for the group. Aeffe’s domestic market remains its largest, accounting for 45.8% of its total sales.

This decline can be explained by its weakening wholesale network. The company’s wholesale sales, representing about 70% of its total revenue, decreased by 1.8% at a global level.

Retail sales, across the group's 65 stores, increased by 7.5%. The royalty revenues from licensing brought in 13.7 million euros for the Italian company in 2019, representing a 17.7% rise compared to 2018.


 

Copyright © 2022 FashionNetwork.com All rights reserved.