Wolford Increased Sales and Earnings

CompaniesRetail & Consumer ♦ Published: September 16, 2011; 11:01 ♦ (Vindobona)

In the first three months of the current fiscal year, the Austrian luxury clothing company continued on the growth path prevailing in the prior year.

Wolford Increased Sales and Earnings / Picture: © Wolford AG

On balance, Wolford increased its sales in the first quarter of the 2011/12 fiscal year by 6.5% compared to the prior-year quarter, to € 31.8m (Q1 2010/11: € 29.8m). This growth can mainly be attributed to the consistent expansion of the company’s own distribution network. From a regional perspective, the Wolford Group generated in part considerable sales increases in most markets…