Wolford AG

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China's Fosun to take majority stake in Wolford Beth Wright | 2 Mar 18

China-based conglomerate Fosun Industrial Holdings has concluded an agreement for a purchase of a majority stake in Austrian hosiery business Wolford.

Wolford axes more jobs amid restructuring Beth Wright | 19 Oct 17

Austrian hosiery business Wolford is to axe a further 15 jobs as part of its cost reduction programme, which has already seen its workforce cut by 41 full-time positions since July.

Wolford chief executive Sensarma to resign Beth Wright | 7 Jul 17

Ashish Sensarma, CEO of Austrian hosiery business Wolford, is to resign from his position at the end of the month.

Wolford develops Cradle-to-Cradle recyclable lingerie line Michelle Russell | 6 Feb 17

Austrian hosiery business Wolford AG is to create a completely recyclable lingerie product line as part of a collaboration with some of the industry's leading smart textile firms.

Wolford posts H1 loss despite sales rise  Katie Smith | 15 Dec 15

Austrian hosiery business Wolford AG swung to a loss during the first half – traditionally its weakest for seasonal reasons – despite posting a near double-digit increase in revenues. 

Wolford speeds product development amid FY profit Katie Smith | 20 Jul 15

Austrian hosiery business Wolford AG says it is working to speed up its product development process, after ongoing efforts to revitalise the brand helped it swing to a full-year profit for the first time in two years.

Wolford in profit as Sensarma named new CEO Katie Smith | 16 Dec 14

Austrian hosiery brand Wolford AG has named Ashish Sensarma as its new CEO, and returned to a profit in the first six months of the year.

Wolford taps Seymour as creative director Katie Smith | 11 Nov 14

Austrian hosiery brand Wolford has appointed designer Grit Seymour as its new creative director to drive the development of the brand.

AUSTRIA: Wolford FY earnings and sales slide Michelle Russell | 18 Jul 14

Austrian hosiery brand Wolford has booked a decline in sales and earnings in its last fiscal year, despite ongoing efforts to turn around its fortunes.

AUSTRIA: Wolford Q3 profit down despite revenue rise Katie Smith | 17 Mar 14

Austrian hosiery brand Wolford has seen its third-quarter pre-tax profit decline despite Christmas trading pushing revenue higher.

AUSTRIA: Wolford CEO Dahmen to step down Michelle Russell | 13 Jan 14

Austrian luxury hosiery brand Wolford Group has announced the retirement of its long-serving CEO Holger Dahmen.

AUSTRIA: Wolford shake-up to shift focus back to legwear Michelle Russell | 19 Dec 13

Wolford Group is to shift its focus back to legwear and figure-fitting garments as part of a strategic refocusing designed to "increase and strengthen" the enthusiasm of its customers.

AUSTRIA: Wolford FY sales hit by "difficult market environment" just-style.com | 23 Jul 10

Retailer Wolford Group has announced a slight dip in full-year sales, hampered by "consumer restraint" in the first half.

AUSTRIA: Wolford sees Q3 sales rise 5.7% just-style.com | 8 Feb 10

Austrian clothing retailer Wolford reported a continued pick-up in sales during the third quarter of the year.

AUSTRIA: Wolford improves earnings despite sales dip just-style.com | 18 Dec 09

Luxury intimate apparel company Wolford has posted slight first-half earnings growth, having cut costs to offset declining sales during the period.

AUSTRIA: Sales slump widens Wolford Q1 loss just-style.com | 18 Sep 09

Wolford AG says it expects to see a “continuing difficult market environment” for the rest of its current financial year after a slowdown in consumer demand for its up-market lingerie and hosiery pushed it to a wider first quarter loss.

AUSTRIA: Wolford swings to EUR 1.2m FY loss just-style.com | 24 Jul 09

Austrian luxury lingerie and hosiery maker Wolford AG today (24 July) said its full-year results were impacted by the “difficult market environment” and the slowdown in consumer spending, which pushed the company to an annual loss.

UK: Chester Barrie launches wholesale collection just-style.com | 5 Jan 09

Savile Row men’s wear brand Chester Barrie is to return to the wholesale market this month with the launch of a full collection for autumn/winter 09, targeted at luxury retailers and top-end department stores.

AUSTRIA: Wolford Q1 sales move up 4.6% just-style.com | 13 Aug 08

Top-end hosiery and lingerie company Wolford posted an interim sales increase of 4.6% in the first quarter of fiscal 2008/9 – equating to an 8.1% revenue hike after currency adjustments.

AUSTRIA: Wolford FY profit jumps 11.3% just-style.com | 28 Jul 08

Luxury lingerie maker Wolford AG has posted an 11.3% jump in full year profit, helped by growth in all major product groups, markets and channels of distribution.

AUSTRIA: Core markets boost Wolford H1 sales just-style.com | 14 Dec 07

Luxury fashion group Wolford delivered double-digit sales growth in all its key markets in the first half of fiscal 2007/8, boosted by a strong second quarter performance.

AUSTRIA: Wolford Q1 losses widen to EUR3.07m just-style.com | 21 Sep 07

Austrian luxury goods company Wolford has widened its first quarter losses to EUR3.07m (US$4.3m), up from EUR1.21m for the comparable period last year, blaming the cost of expanding its production capacity and distribution network.

AUSTRIA: Wolford FY profit soars by 84% just-style.com | 25 Jul 07

Austrian luxury goods maker Wolford AG said its full-year net profit increased by 83.9% to EUR6.4m (US$8.8m), helped by US and UK sales and a strengthened position in the luxury goods sector.

AUSTRIA: Wolford 9-month profit more than doubles just-style.com | 16 Mar 07

Upmarket lingerie and hosiery maker Wolford AG has more than doubled its net profit for the first nine months of fiscal 2007, helped by strong sales at its Wolford boutiques.

AUSTRIA: Wolford raises FY forecast on pleasing H1 just-style.com | 15 Dec 06

Upmarket hosiery firm Wolford has upped its full-year sales forecast after recording a 13.1% jump in first-half sales.

GERMANY: Wolford Q2 sales jump 18.3% just-style.com | 9 Nov 06

Hosiery and lingerie firm Wolford said its second-quarter sales grew 18.3% to EUR38.6m (US$49.34m), continuing the first quarter’s good trend.

AUSTRIA: Wolford boosts sales by 6.1% just-style.com | 11 Aug 06

Wolford AG has seen continued growth in sales during the first quarter of its financial year, with a successful new store concept for Wolford boutiques driving significant sales improvements.

GERMANY: Wolford enjoys FY profit, sales growth just-style.com | 25 Jul 06

Hosiery and lingerie company Wolford said it is satisfied with its "successful" full-year trading, which followed an improvement strategy taken up two years ago.

AUSTRIA: Wolford earnings to outstrip sales just-style.com | 15 May 06

Hosiery producer Wolford expects earnings for fiscal 2006 to rise faster than sales for the same period.

Hosiery market hits a snag just-style.com | 11 May 06

Hosiery is a unique sector of the clothing market, and one that is headed for decline according to a recent report. Despite attempts to introduce interest through new technology, innovations and famous faces it’s unlikely that the market will ever return to its former glory.

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