• Net profit EUR0.1m year to date, versus EUR5.1m net loss
  • Revenues up 14% to EUR197.4m
  • Orders for spring/summer 2012 “positive”

Luxury apparel and footwear business Aeffe returned to profit in the first nine months of the year, boosted by a double-digit sales increase.

The owner of brands including Alberta Ferretti, Moschino, Pollini and JP Gaultier said prêt-à-porter revenues were up 10.3% in the period, while sales of footwear and leather goods surged up 31%.

“The sales growth continued in the third quarter of 2011, both in the retail and in the wholesale channel, registering, respectively, a 10.1% and 9.3% increase,” said Massimo Ferretti, Aeffe executive chairman.

“Also, the orders backlog for spring/summer 2012 collections was positive and this leaves us confident about the trend of the next year.”