Aeffe to acquire the remaining 30% stake in Moschino from Sinv for c.€67m.

Aeffe, an international company in the fashion and luxury branch, agreed to acquire the remaining 30% stake in Moschino, an Italian luxury fashion house, from Sinv, a holding company, for c.€67m. “The operation we have just concluded has long been considered an important step in our medium-long term growth strategy. With the full control over Moschino brand, we are now in the best conditions to manage all activities related to the brand’s value chain, from product to quality and with positive effects on image, distribution and communication,” Massimo Ferretti, Aeffe Executive Chairman.