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Aeffe Tag

16 Oct

Moschino Parent Aeffe Shares Edge Up Following Appointment of

MILAN – Shares of Moschino parent company Aeffe rose 2.26 percent to 81 cents in early trading in Milan following the news that Davide Renne had been named creative director of the Italian brand. Hailing from Gucci, Renne will start at Moschino on Nov. 1, and his first collection will debut for fall 2024 in February during Milan Fashion Week. He succeeds Jeremy Scott, who exited the brand last March after a 10-year tenure. Massimo Ferretti, executive chairman of Aeffe, told WWD exclusively that, following the collaboration with Scott, “who greatly contributed to the expansion of the brand,” the corporate “immediately began a research process that was prompted by a desire to reflect on the longer term of Moschino and what we'd...
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30 Mar

Michelle Stein to Step Down as President of Aeffe

After a 40-year tenure, Michelle Stein, president of Aeffe USA is stepping down, effective Friday. Stein plans to turn into a consultant within the short term and is exploring recent opportunities. Stein opened Aeffe’s first U.S. office and showroom in 1983 and established a status for identifying promising European designers, introducing them to the U.S. market and driving their growth. As president of Aeffe USA, she built a full-scale organization answerable for sales, marketing, public relations and distribution. Aeffe’s brands consist of Alberta Ferretti, Moschino, Philosophy di Lorenzo Serafini and Pollini. On Wednesday, following the recent departure of Jeremy Scott as creative director, Moschino’s general manager said he can even be leaving the corporate. Within the U.S., Stein can be succeeded by...
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