Aeffe S.p.A.

AEF

IT0001384590

Apparel & Accessories

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-04-26 am EDT			5-day change	1st Jan Change
0.798 ^EUR	+1.01%		+3.10%	-13.07%

Apr. 05	Mib falls below 34,000; Fed slows on cuts	AN
Mar. 28	Futures tentatively up, eyes on macros	AN

Aeffe rises in Moschino Kids, acquires an additional 15 percent

March 26, 2024 at 01:20 pm EDT

(Alliance News) - Aeffe Spa announced Tuesday that it has exercised the "incremental" purchase option provided in its favor to acquire an additional 15 percent of the capital of Moschino Kids.

In addition, Aeffe has consequently purchased the relevant shares, at a price equal to the nominal value of EUR1,500.

Moschino Kids Srl is therefore, as of today, owned by Moschino and Altana with a 55% and 45% stake, respectively.

The option in favor of Altana was provided for in the company's founding agreement signed in September 2022.

Aeffe's stock closed Tuesday down 0.4 percent at EUR0.84 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Go to the original article.
Legal disclaimer

Latest news about Aeffe S.p.A.

Mib falls below 34,000; Fed slows on cuts	Apr. 05	AN
Futures tentatively up, eyes on macros	Mar. 28	AN
Mib bullish; A2A and Mediobanca among the best	Mar. 27	AN
Indices flat in Europe, Civitanavi rises with takeover bid	Mar. 27	AN
Stock exchanges without momentum in opening; banking sluggish	Mar. 27	AN
Aeffe rises in Moschino Kids, acquires an additional 15 percent	Mar. 26	AN
Aeffe ended 2023 with declining revenues and widening loss	Mar. 14	AN
Aeffe S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 13	CI
Netweek good; Autostrade down post accounts	Feb. 23	AN
Diesel opens up catwalk show, protester storms Fendi at Milan Fashion	Feb. 21	RE
Piazza Affari in the red; Iveco trailing the Mib.	Feb. 20	AN
Aeffe and Monnalisa sign license agreement for Philosophy's kids line	Feb. 19	AN
Mib at 30,900 after positive unemployment data	Jan. 31	AN
Mib above 30,600; eyes on Fed decision	Jan. 31	AN
Europeans in green; Italy's GDP above estimates	Jan. 30	AN
Stock exchanges up except Frankfurt ahead of GDP data	Jan. 30	AN
Futures up before Italy and Eurozone macro	Jan. 30	AN
Aeffe, Adrian Appiolaza new creative director of Moschino	Jan. 30	AN
Milan in the red; Iveco resists declines	Jan. 29	AN
Indices contrasted; Saipem tops on Mib.	Jan. 29	AN
Indices flat; Brent surpasses USD84 per barrel	Jan. 29	AN
Futures cautious; Evergrande, liquidation demanded	Jan. 29	AN
Europeans up after US core PCE.	Jan. 26	AN
Mib pushes to 30,300 mark; luxury sector advances	Jan. 26	AN
Squares start in green; Moncler spurs on Mib.	Jan. 26	AN

Aeffe SpA is an Italy-based company engaged in the fashion and luxury goods sector. The Company is active in the design, production and distribution of products. The Company operates through two segments. The Pret-a-porter segment is involved in the design, production and distribution of luxury pret-a-porter garments and lingerie, beachwear and loungewear. This segment also handles the distribution of all products both through the retail channel and through the wholesale channel, as well as manages licensing agreements granted to other companies to manufacture Aeffe and Moschino branded product lines. The Footwear and leather goods segment, which is composed of Pollini and its subsidiaries, mainly handles the design, production and distribution of footwear, small leather goods, bags and matching accessorize. The Company offers its products under such brands as Moschino, Alberta Ferretti, Velmar, Blugirl, Cacharel and Jean Paul Gaultier, among others.

Sector

Apparel & Accessories

Calendar

2024-05-09 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Aeffe S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.798 EUR

Average target price

0.9 EUR

Spread / Average Target

+12.78%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Apparel & Accessories

	1st Jan change	Capi.
AEFFE S.P.A.	-13.07%	83.85M
CHRISTIAN DIOR SE	+4.73%	143B
LULULEMON ATHLETICA INC.	-28.67%	45.92B
MONCLER S.P.A.	+16.55%	18.73B
RALPH LAUREN CORPORATION	+15.45%	10.64B
LEVI STRAUSS & CO.	+27.75%	8.41B
LI NING COMPANY LIMITED	+0.96%	6.83B
PVH CORP.	-9.08%	6.41B
BOSIDENG INTERNATIONAL HOLDINGS LIMITED	+29.34%	6.32B
GILDAN ACTIVEWEAR INC.	+10.13%	5.94B

Other Apparel & Accessories

Aeffe S.p.A.

Equities

AEF

IT0001384590

Apparel & Accessories

Aeffe rises in Moschino Kids, acquires an additional 15 percent

Latest news about Aeffe S.p.A.

Chart Aeffe S.p.A.

Company Profile

Income Statement Evolution

Ratings for Aeffe S.p.A.

Analysts' Consensus

EPS Revisions

Quarterly revenue - Rate of surprise

Sector Other Apparel & Accessories