Aeffe tumbles 10% after filing for access to business crisis negotiated settlement

Aeffe SpA

03/10/2025 08:56

** Shares in Italian fashion group Aeffe AEF.MI halted from trading due to volatility, after the company filed for access to a negotiated settlement of a business crisis

** Shares fall as much as 10.4% to 0.4 euros ($0.4692) at 0745 GMT, at their lowest since December 2010, dropping 53.92% YTD including Friday's fall

** The filing, approved by board on October 2, covers Aeffe and its subsidiary Pollini, but it's not on behalf of the other companies in the group - co

** "This situation stems from the deep crisis impacting the entire luxury fashion sector and the recent negative developments between late August and September 2025" - Aeffe

** A Milan-based trader confirms stock weakness following the filing

($1 = 0.8524 euros)

 (Reporting by Laura Contemori, Giancarlo Navach)

 ((Laura.contemori@thomsonreuters.com))