{"id":380528,"date":"2025-08-28T15:11:15","date_gmt":"2025-08-28T15:11:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/380528\/"},"modified":"2025-08-28T15:11:15","modified_gmt":"2025-08-28T15:11:15","slug":"wolford-reports-23-4-drop-in-first-half-sales","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/380528\/","title":{"rendered":"Wolford reports 23.4% drop in first-half sales"},"content":{"rendered":"

\n By<\/b>
\n
DPA\n <\/p>\n

\n Translated by<\/b>
\n
Nazia BIBI KEENOO\n <\/p>\n

\n Published<\/b>
\n <\/p>\n

August 28, 2025<\/p>\n

\n The Austrian luxury hosiery manufacturer Wolford<\/a> reported a 23.4% drop in sales for the first half of the year on Thursday.<\/p>\n

\"WolfordWolford reports 23.4% decline in first-half sales – shutterstock<\/p>\n

Compared to the previous year, revenue decreased by \u20ac10.1 million to \u20ac33.0 million (H1 2024: \u20ac43.1 million). The company attributed this mainly to the lingering impact of delivery delays and store closures that had been initiated in the previous year. Although Wolford stated that these issues were structurally resolved by the end of 2024, their effects continued to impact sales during the first quarter of 2025.<\/p>\n

Despite the steep revenue decline, the company reduced its cost base, resulting in a relatively stable EBIT compared to last year. Recent streamlining and efficiency measures contributed to this outcome. Wolford did not disclose specific figures and plans to publish its full half-year report on 19 September.<\/p>\n

The results should be viewed “in the context of the expected ongoing transition phase in which the company is actively implementing a comprehensive operational transformation aimed at restoring long-term resilience and profitability.” The company expects the first signs of recovery to appear in the second half of the year.<\/p>\n

Looking ahead to 2025, Wolford \u2014 part of the Lanvin<\/a> Group \u2014 said it does not anticipate trade policy or the broader economic environment to have a significant negative impact on earnings or sales for the second half or the full year.<\/p>\n

FNW with dpa\n <\/p>\n","protected":false},"excerpt":{"rendered":"By DPA Translated by Nazia BIBI KEENOO Published August 28, 2025 The Austrian luxury hosiery manufacturer Wolford reported…\n","protected":false},"author":2,"featured_media":380529,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[952,748,393,2584,4884,132425,15909,5775,1144,15910,712,16,15,1764,132424],"class_list":{"0":"post-380528","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-beauty","10":"tag-britain","11":"tag-england","12":"tag-fashion","13":"tag-great-britain","14":"tag-lanvin","15":"tag-luxury","16":"tag-network","17":"tag-northern-ireland","18":"tag-professionals","19":"tag-scotland","20":"tag-uk","21":"tag-united-kingdom","22":"tag-wales","23":"tag-wolford"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115107036279908446","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/380528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=380528"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/380528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/380529"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=380528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=380528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=380528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}