Weak Sales Deal A Blow To Aeffe’S Profit
Aeffe’s net profits were halved in 2008 due to weak sales, higher costs and a €2.0 million asset impairment on its stores. The Italian fashion company, whose assets including Pollini, booked a 0.5 percent rise in revenues to €294.7 million. While the turnover of the wholesale business rose by 2.5 ...
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