AUSTRIA: Lingerie Maker Wolford Reveals Sales Dip
Wolford said group sales had fallen to 105.9 million euros ($92.41m) from 110.9 million euros after it closed some of its under-performing stores in Austria and the Far East but did not give any profit figures for the period.
In a statement, the company said its domestic sales plunged 23 per cent in the period, while sales in the US market dipped four per cent but added sales in the US had risen eight per cent last month.
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