By  on May 17, 2010

MILAN — Aeffe SpA, which produces and distributes Alberta Ferretti, Jean Paul Gaultier, Moschino and Pollini, said it expects recovery in the second half after net losses of $2.1 million in the first quarter this year.

For the first quarter, Aeffe reported net losses of 1.7 million euros, or $2.1 million, compared with a net loss of 300,000 euros, or $420,000, in the year-earlier period.

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