Wolford closes 2022 with 16% sales growth

Wolford closes 2022 with 16% sales growth

By

DPA
Translated by

Cassidy STEPHENS

According to still unaudited figures, the Austrian hoisery specialist achieved a turnover of 126.6 million euros in the 2022 financial year, an increase of 16 % compared to 2021, as the company announced on Friday.


Wolford x Sergio Rossi

The increase in turnover was achieved across all channels, with the direct-to-customer business growing by + 21 % and Wholesale by + 3 %.

The North America region grew by + 45 %, the EMEA region by + 9 % and in the ‘rest of the world’ sales increased by 80 %, while there was a decline in sales of – 7 % in the Greater China region due to lockdowns.

On the earnings side, the outlook given at the half-year has been confirmed, expecting no improvement in the operating result (EBIT) for the full year. At the end of September, the company, which belongs to the Chinese Lanvin

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