Here is everything you need to know about Moschino's new owners and what it means for the future of the brand.
MILAN — As brisk M&A activity continues to rock the Italian summer, Aeffe SpA on Wednesday revealed that it was raising its stake in Moschino to take full control of the brand. Investors liked the news, as Aeffe shares closed up 6.38 percent at 1.60 euros at the end of trading.
He touted the “excellent signals” Moschino’s pre-collection is providing and the significant potential of the brand. Following the designer’s death in 1994, Aeffe acquired a 70 percent stake in the company, further developing the brand globally. Rossella Jardini succeeded her mentor, Franco Moschino, designing the collections for two decades, until Scott’s arrival.
Sinv SpA is based in Schio, Italy, founded in 1975 by the Della Rovere family, and has over the years produced collections for See by Chloé, McQ Alexander McQueen and young lines for companies ranging from Valentino to Roberto Cavalli and Yohji Yamamoto.
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