Aeffe’s leathergoods business suffers lower profitability in Q1

In the first quarter, Aeffe, the Italian fashion house that owns Pollini and other brands, suffered a decline in the Ebitda of its footwear and leathergoods division to €4.5 million from €6.3 million a year earlier, with the margin narrowing to 14.7 percent from 18.9 percent.

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