Aeffe and Cacharel end licence deal
By FashionUnited
loading...
French fashion house Cacharel has announced that it is ending its licensing
agreement with Italian manufacturer Aeffe by “common consent”.In a statement released by Aeffe, the Italian company confirmed that the collaboration would end with "the distribution of the spring-summer 2013 collection”.
Aeffe, who has been producing and distributing a women’s ready-to-wear apparel collection under the Cacharel label since 2009, said that the end of the licence would reduce its 2013 revenues by two million Euros; however the impact on its margins would be around 500,000 Euros.
This is the second blow in as many months for Aeffe, just last month fashion designer Jean Paul Gaultier also confirmed that it would be parting ways from the Italian manufacturer after working with them since the mid-90s.
Aeffe
Cacharel
Jean Paul Gaultier