×
1 835
Fashion Jobs
VF INTERNATIONAL
International Account Coordinator - Ftc 12 Month
Permanent · NOTTINGHAM
TIMBERLAND
Credit Controller - German Speaking - Timberland
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - Italian Speaking - The North Face
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - French Speaking - The North Face
Permanent · CALVERTON
PINKO
Supervisor
Permanent · MANCHESTER
RALPH LAUREN
Operations Manager
Permanent · Cheshire
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - Sprucefield - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Edinburgh, John Lewis - 37 Hours - Full-Time, Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - Sprucefield - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - House of Fraser, Maidstone - 15 Hours - Part Time, Permanent
Permanent · Maidstone
ESTÉE LAUDER
Clinique - Consultant - Boots, Princes Street, Edinburgh - 14 Hours - Part Time - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
HUGO BOSS
Wholesale - Senior Sales Executive - Hugo Womenswear
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Edinburgh - 16 Hours - Part Time, Permanent
Permanent · Edinburgh
SHISEIDO
Marketing Director - Shiseido, Clé de Peau Beauté, Drunk Elephant
Permanent · London
REISS
Buying Admin Assistant
Permanent · LONDON
SHISEIDO
Bareminerals Account Manager - Boots Glasgow Silverburn (37.5 Hours)
Permanent · Glasgow
SHISEIDO
Bareminerals Account Manager - House of Fraser Guildford (37.5 Hours)
Permanent · Guildford
SHISEIDO
Laura Mercier Account Manager - John Lewis Bluewater (37.5 Hours)
Permanent · Dartford
Advertisements
By
DPA
Translated by
Barbara Santamaria
Published
Dec 16, 2016
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Wolford first half sales dip again, but Q3 offers hope

By
DPA
Translated by
Barbara Santamaria
Published
Dec 16, 2016

Hosiery label Wolford reported revenue of €67.62 million ($70.6 million) for the first half of the year ending October, down 14.7% on the previous year. When adjusted for currency effects, revenue dropped 13.1% due to the weakness of sterling.

Photo: Wolford

The company said revenue for the second quarter shrank 11.9% to €39.88 million (or $41.6 million) as a result of weaker footfall and the delayed delivery of its Autumn/Winter collection, which resulted in €3.19 million not being included in first quarter results.

Another delivery was delayed in the second quarter, which explains the €3 million drop compared with the prior year’s period. Overall, the company’s wholesale business declined by 20% in the first six months of the financial year.

Wolford’s retail sales also struggled with a significant drop in the period. Sales were down 12% on a year-on-year basis, which the company attributed to weak footfall figures and the challenging market conditions in Europe during August and September.

Fashion sales in Germany declined 3% in August and 12% in September compared with last year, said Wolford.

The brand’s EBIT loss for the six months widened to €8.24 million (about $8.61 million) from €0.28 million in the previous year. Adjusted EBIT was €6.87 million below the comparable figure in 2015.

Despite the results, Wolford remains confident. The brand said retail sales grew again in November and expects the wholesale business to see an improvement in the third quarter.

Wolford left its full-year guidance unchanged, forecasting a slight drop in revenues and negative operating earnings in the low single-digit range, as it said its strategy to increase its profitability is starting to show signs of progress.

Copyright © 2021 Dpa GmbH