On May 28, 2020, the buyer of the company property in Bregenz, the neighboring Blum Group, transferred the agreed purchase price of approximately EUR 72 million to the Wolford AG. At the same time Wolford repaid all credit lines to its financing banks. Simultaneously, the company repaid the shareholder loan including interests granted by Wolford's
Headquarters and production remain on site Fresh capital for debt reduction and securing the company's future Wolford AG is currently in the final phase of negotiations with the Blum Group on the sale and rental of the company property in Bregenz, Wolfordstraße 1 and 2. The purchase price offered amounts to approximately EUR 72 million.
March 2020, Bregenz – Austrian Skinwear specialist Wolford rearranges production in its headquarters in Bregenz and factory in Slovenia from tights and bodies to face masks for the challenging time ahead. Using its high-quality material, knitting technique and expertise for product finishing the brand has quickly been able to adapt production processes to actual requirements.
New Management Board is developing a plan to reposition the company Revenue down 3% – Operating loss of € 9.4 million Medium-term forecast remains unchanged Bregenz, December 13, 2019: Wolford AG, which is listed on the Vienna Stock Exchange, generated revenue of € 60.49 million in the first six months of the current financial year
Bregenz, 26.9. 2019: At yesterday's Annual General Meeting, Prof. Dr. Matthias Freise was newly elected to the Supervisory Board. The election is valid until the end of the 37th Annual General Meeting which formally approves the actions of the Managing Board and the Supervisory Board in the fiscal year 2023/24. Prof. Dr. Matthias Freise, born
Slight reduction in loss despite lower revenues and higher investments New market image and market offensive in China Bregenz, July 23, 2019. Wolford AG, which is listed on the Vienna Stock Exchange, today published its annual financial statements for the 2018/19 financial year (May 2018 to April 2019). Its revenues amounted to
Revenue down 9% New restructuring program launched with more than 10 million saving potential identified Market drive initiated for China Plan to return to profitability no later than in the 2020/21 financial year Bregenz, March 15, 2019: Wolford AG, which is listed on the Vienna Stock Exchange, generated revenue of 108.2 million in
Starting on February 1, 2019, Wolford AG is relying on Fosun Fashion Brand Management Company (FFBM) as its new partner to manage the companys brand identity in the important Chinese market which features a steadily growing class of luxury-oriented consumers. After Wolfords success in expanding its presence Hong Kong and Macau up until now, FFBM
On January 31, 2019, Wolford opened its first shop in Amsterdam in the new store design in the presence of 130 invited media representatives and other guests. The new shop with close to 80 m² of floor space in the middle of the noble shopping street P.C. Hooftstraat will make the new look and feel
Slightly improved operating earnings despite revenue decline Positive second-quarter EBIT Successful brand relaunch Outlook confirmed Bregenz, December 14, 2018: Wolford AG, which is listed on the Vienna Stock Exchange, generated revenue of 62.37 million in the first half of the current financial year, comprising a decline of 11% compared to 70.15 million in