Aeffe plummets at Piazza Affari after declaration of state of crisis

(Il Sole 24 Ore Radiocor)- Aeffe collapsed at Piazza Affari, affected by the news that the company that controls fashion brands, including Alberta Ferretti, Moschino and Pollini, has declared a state of crisis. The stock plunged 10.4% to EUR 0.4. These are levels not seen since as far back as 2010.

In a statement, the company announced that the board of directors had resolved to proceed with the filing of the application for access to the negotiated group crisis settlement. The note explained that the request for access to the CNC and the activation of protective measures has been carefully evaluated as the most suitable solution to ensure stability for the period necessary to carry out the actions aimed at overcoming the situation of financial tension that the company and Pollini are going through due to the deep crisis that is affecting the entire luxury clothing sector and the latest negative developments in the period from the end of August to September 2025, to preserve the integrity of Aeffe and Pollini's corporate assets and safeguard business continuity, protecting the interests of all stakeholders.