Aeffe Group, the parent company of Moschino, reported a significant 18% YoY drop in revenue for the first three quarters of the year, totaling 210 million euros ($220 million). However, net profit reached 35.2 million euros ($37 million), a turnaround from a loss of 17.8 million euros ($18.8 million) during the same period last year. By division, the ready-to-wear segment saw a 17.5% decline in revenue to 140 million euros ($149 million), while the footwear and leather goods division experienced a 22.6% drop to 86.7 million euros ($91 million). Revenue from the Asia market, including China, fell 19.2% to 42.8 million euros ($45 million).