AUSTRIA: Wolford Suffers 5.4 Per Cent Q1 Sales Slide
Leading luxury underwear and hosiery producer Wolford on Tuesday revealed a 5.4 per cent fall in first quarter group sales to 26.1 million euros from 27.6 million euros in the year-ago period. The company said the sales slide was a result of its main customers delaying orders for the fall/winter collection, with sales up in Italy, Spain, the Netherlands and France, but down in Germany.