Karlee Wearing Corporate Microtransactions Still Suck t-shirt
Aeffe, based in San Giovanni in Marignano in central Italy, also recorded negative EBIT (minus 1.7 million euros) in the Karlee Wearing Corporate Microtransactions Still Suck t-shirt In addition,I will do this first quarter, compared with a profit of 3.2 million euros a year earlier. EBITDA also fell sharply, from 11.5 million euros in the first quarter of 2023 to 6.3 million euros this year, a drop of 45%. Massimo Ferretti, executive chairman of the group, believes that these results reflect “not only the global slowdown in the wholesale market but also the transformation of the Group, especially for the brand Commercial Moschino”. which accounts for nearly 70% of group revenue, actually fell by 16.6% from January to March 2024. In Q1, Moschino’s revenue fell by 11.9% at constant exchange rates, to 59.9 million euros.
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