Italian luxury group Aeffe Spa reported consolidated revenues of €61.7 million (~$66.8 million) in Q1 2025, down 23.3 per cent YoY at constant exchange rates.
The pret-a-porter division fell 30.1 per cent, and footwear and leather goods declined 18.2 per cent.
EBITDA turned negative at €1.5 million, with a net loss of €10.1 million.
Chairman remains optimistic, citing ongoing cost rationalisation.