Luxury group Aeffe struggles after disastrous quarter
The parent company of Moschino, Alberta Ferretti, Philosophy di Lorenzo Serafini, and Pollini has struggled.
The luxury market faces a moment of reckoning.
After years of booming sales and surging global demand, the industry is showing signs of fatigue — especially among labels once seen as unstoppable.
Related: Top luxury fashion brands just made a quiet change
Consumer appetite for high-end goods is cooling across nearly every region, and even legacy names aren’t immune.
