Aeffe Group, Moschino’s parent company, reported a 14% drop in Q1 revenue to $87.8 million (80.2 million euros) and increased net losses to $6.1 million (5.6 million euros). European revenue dropped 12.7% to $26.2 million (24 million euros), Asia and other regions saw a 2.7% decline to $18.7 million (17.1 million euros), and American revenue decreased 27.7% to $4.4 million (4 million euros). In February, Moschino debuted new Creative Director Adrian Appiolaza’s first women’s collection and will host a combined men’s and women’s show in Milan next month.