The Italian fashion group, which just took full control of Moschino, registered a strong performance in the first six months of 2021.
Moschino and Alberta Ferretti’s parent company is showing positive signs of recovery with the consolidated sales up 5.1 percent. A 20 percent growth is expected in 2021.
The impact of the COVID-19 pandemic dented Aeffe’s performance in 2020, but the fashion group expects a rebound in 2021 thanks to its brands, including Moschino.
Top and bottom line were dented by the lack of tourist flows and lockdowns across the globe.
The headline of the article on Milan Fashion Week was generally seen by the industry here as shameful and unfair.
The pandemic hurt the Italian fashion group’s bottom and top line in the period.