Pursuits

Aeffe Rules Out Sale Amid Renewed Investor Interest in Luxury

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Aeffe SpA, the owner of the Moschino fashion brand, ruled out selling a stake any time soon, joining rivals such as Cavalli Group in rebuffing interested suitors.

“We aren’t for sale,” Aeffe Executive Chairman Massimo Ferretti said in an interview in Moscow today. The San Giovanni-in-Marignano, Italy-based company is focused on growing without seeking funds in this way “for the moment,” he said.