Aeffe Group reported a revenue of €319 million in FY23, a 9 per cent decrease from €352 million in FY22.
Despite challenges, revenue in Asia grew, especially with the Moschino brand expanding direct distribution.
The company’s adjusted EBITDA declined to €12.4 million from €35.6 million, and net loss widened to €32.1 million from €9 million.Aeffe Group reported a revenue of €319 million in FY23, a 9 per cent decrease from €352 million in FY22.
Despite challenges, revenue in Asia grew, especially with the Moschino brand expanding direct distribution.
The company’s adjusted EBITDA declined to €12.4 million from €35.6 million, and net loss widened to €32.1 million from €9 million.
