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Wolford promotes Marco Pozzo to CEO

Austrian apparel provider Wolford has appointed a new chief executive officer. The company, which is part of the Chinese fashion group Lanvin Group, announced on Wednesday that its supervisory board has appointed Marco Pozzo as CEO and chairman of the executive board, effective March 1. Pozzo has gained management experience at renowned...

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Business

Wolford swings to profit despite drop in revenue

Austrian skinwear and hosiery specialist Wolford has swung to a profit in the shortened fiscal year from May to December despite seeing a 25 percent drop in sales. The company swung to a profit of 12.8 million euros, compared to a loss of 14.5 million euros a year earlier, aided by the sale of real estate and the change in the value of...

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