Wolford news and archive

Lanvin Group posts increase in H1 revenue, but losses widen

Luxury fashion group Lanvin has reported widening losses in the first half of the year despite a 6.4 percent increase in revenue. The group, whose portfolio includes its namesake label as well as Sergio Rossi, Wolford, and St. John Knits, posted a H1 loss of 72.2 million euros compared to a loss of 68.7 million euros the prior year, while its...

Fashion |In Pictures Featured

Wolford unveils collaboration with No. 21

Skinwear and hosiery specialists Wolford has launched an exclusive capsule collection in collaboration with designer Alessandro Dell'Acqua and his Italian brand No. 21. The ‘No. 21 x Wolford’ capsule blends Wolford's expertise in skinwear and classic shapewear with No. 21's ability to integrate refined materials with modern silhouettes for “a...

BusinessFeatured

Lanvin Group posts 37 percent jump in FY sales

Luxury fashion group Lanvin confirmed Thursday it made record sales in 2022, up 37 percent from the prior year. The group, whose portfolio includes its namesake label as well as Sergio Rossi, Wolford, and St. John Knits, posted sales of 422.3 million euros in its audited results Thursday - that’s compared to sales of 308.9 million euros a year...

Business

Wolford reports widening losses, but on track to deliver 'sustained profitability'

Austrian clothing manufacturer Wolford has reported widening losses for the period January to December, 2022, as it continues to tackle its operational efficiency. The group said its sales came in at 125.5 million euros for the year which, while beating the previous year by 15 percent, did not align with its EBIT, which took a 28.6 million euro...

Business

Wolford sales increase by 16 percent in 2022

Wolford AG has announced that in the fiscal year 2022 sales amounted to 126.6 million euros, which corresponds to an increase of 16 percent compared to the previous fiscal year 2021. On the earnings side, the company said in a statement, the outlook given at the half-year is confirmed, according to which there will be no improvement in operating...

People

Wolford names Nao Takekoshi new artistic director

Austrian textile manufacturer Wolford has announced the appointment of Nao Takekoshi as its new artistic director. The Parsons School graduate’s appointment comes as part of Wolford’s ongoing strategic development phase, through which the company is focusing on reinforcing and modernising the codes of the brand, while preserving its identity....

BusinessFeatured

Lanvin Group shares tumble following NYSE debut

Luxury fashion group Lanvin saw its shares fall 25 percent in its first day of trading on the New York Stock Exchange (NYSE). The group, which is owned by China’s Fosun International, began trading on Thursday under the ticker ‘LANV’ after announcing in March plans to become publicly traded via a business combination with Primavera Capital...

Business

Valentina Rainone joins Wolford as head of finance

Wolford Ag has announced that on December 1, 2022, Valentina Rainone, 44, started work as head of finance with the company. The company said in a release that she will look into all the tasks of a chief financial officer (CFO) without being a direct member of the executive board. The company added that Rainone started as an auditor and tax...

Fashion |In Pictures Featured

Wolford unveils collaboration with Sergio Rossi

Two staples of the Lanvin Group are teaming up on a capsule collection, skinwear and hosiery specialists Wolford and luxury footwear label Sergio Rossi. The capsule collection, available from November 16, combines both companies' 70 years of heritage and expertise, explains Wolford in the press release, and embodies the “craftsmanship,...

BusinessFeatured

Lanvin Group reports strong H1 revenue, but lowers valuation ahead of IPO

Luxury fashion group Lanvin has reported a 73 percent increase in revenue in the first half of the year, but has trimmed its valuation ahead of its upcoming IPO. The group, whose portfolio includes its namesake label as well as Sergio Rossi, Wolford, and St. John Knits, made revenue of 202 million euros in the six months to June 30. That growth...

Fashion

Wolford and Mugler launch skinwear collection

Wolford has unveiled a 12-piece skinwear capsule collection with Mugler that celebrates the body. The new skinwear collection combines Mugler’s bold designs with Wolford’s innovative techniques and features bodysuits, dresses, gloves, leggings, and cycling shorts. Each piece features shape lift construction, alongside enhanced tailoring details...

Business

Wolford appoints Paul Kotrba to the executive board

The supervisory board of Wolford Ag has appointed Paul Kotrba, 49, as a new member of the executive board for a period of six months from August 1, 2022. During this period, the company said in a statement that the supervisory board will conduct the appointment process for a new executive board member. As COO, Kotrba will be in charge of supply...