MILAN — An acceleration in its fourth-quarter sales last year, a jump in revenues in Russia and a strong performance of its footwear and leather goods division contributed to a 3.3 percent gain in Aeffe SpA 2012 revenues.
Sales at the Italian fashion group, which controls the Alberta Ferretti and Moschino brands, grew to 254 million euros, or $325.1 million, compared with 246 million euros, or $342 million, in 2011.
Aeffe’s ready-to-wear division showed a 2.1 percent gain to 201.3 million euros, or $257.6 million, while the footwear and leather goods division gained 8.7 percent, amounting to 69.5 million euros, or $89 million.
Executive chairman Massimo Ferretti noted that the fourth quarter last year showed a “robust growth” of 14 percent compared with the same period the previous year, lifted by the group’s wholesale and retail channel, which grew 17 percent and 12 percent, respectively. “Also the year 2013 has started benefiting from the good data of the backlog for the spring/summer 2013 collections, and we are confident that these encouraging signs will be further confirmed in the coming months,” concluded Ferretti.
For the full year, sales in Italy decreased 3.4 percent to 99.3 million euros, or $127.1 million, accounting for 39.1 percent of total consolidated sales. In the last quarter of 2012, however, sales in Italy showed a recovery, climbing 8.9 percent compared with the fourth quarter of 2011.
In 2012, revenues in Europe, excluding Italy and Russia, gained 2.8 percent to 53.8 million euros, or $68.8 million. In the fourth quarter, sales grew 15.9 percent.
Russia showed a 21.4 percent increase and accounted for 8.3 percent of sales. In the last quarter, sales jumped 39.4 percent.
The U.S. posted a 6.1 percent increase and accounted for 7.5 percent of total sales.
Japan was up 7.8 percent, accounting for 9.5 percent of total revenues.
The Rest of the World area showed a 10.6 percent growth, amounting to 14.3 percent of total sales.
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast