Euroitalia has agreed to buy Moschino’s fragrance and beauty arm from Italian fashion group, Aeffe, for €98 million.

The deal comes with a 98-million-euro check from Euroitalia, which was already the licensee for the brand’s fragrances.

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Luxury group Aeffe Spa has announced the sale of part of the Moschino brand to Euroitalia for 98 million euros, expanding on ...

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