Aeffe Spa has recently announced its financial results for the first quarter, revealing a significant decline in revenues. The company’s consolidated revenues fell to 61.7 million euros, down from 80.2 million euros reported in 2024. This represents a 23.3 percent decrease when adjusted for constant exchange rates. The ongoing global economic slowdown has adversely affected both retail and wholesale sectors, leading to these disappointing figures.
This downturn reflects broader challenges within the market, as many companies are grappling with similar issues. Aeffe’s struggles highlight the impact of the global economic environment on the fashion industry. As consumer spending tightens, companies must adapt to survive in this challenging landscape. The board’s approval of these results underscores the need for strategic adjustments moving forward.
