Wolford
This coverage examines Wolford’s strategy and performance within the UK retail market. Reporting highlights store activity, product launches, marketing campaigns, sustainability initiatives, and leadership decisions shaping the brand’s presence in premium hosiery, lingerie, and apparel. Insights are tailored for retail professionals tracking luxury and lifestyle sectors, with a focus on brand positioning and market dynamics.
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Aug- 2024 -27 AugustNews
Today’s news in brief-27/8/24
UK shop prices have fallen for the first time since October 2021, with the BRC-NielsenIQ index reporting deflation of 0.3% in August, down from July’s 0.2% inflation. Non-food items saw a deeper deflation of -1.5%, driven by heavy discounts on summer stock, while food inflation slowed to 2%, with fresh…
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27 AugustClothing & Shoes
Lanvin HY revenues decline 20% amid global luxury slowdown
Lanvin Group, which owns Wolford, Sergio Rossi and Caruso brands, has reported a 20% decline in revenues to €171m (£144.5m) in H1 2024. DTC channel revenue decreased by 14% and wholesale revenue by 30%. Meanwhile, other revenue growth comprising royalty and clearance income decreased 15% due to Lanvin’s reduction of…
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Jun- 2024 -14 JuneNews
Today’s news in brief-14/6/24
The British Retail Consortium (BRC) has expressed support for the Labour Party’s manifesto, which aims to bring significant changes to benefit retailers and their customers. The BRC particularly appreciates Labour’s recognition of the flawed business rates system that stifles investment and results in numerous vacant retail properties. However, retailers are…
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14 JuneClothing & Shoes
Wolford appoints new chief executive
Wolford has announced that Regis Rimbert has been appointed as the group’s new chief executive, succeeding Silvia Azzali. Rimbert has more than 20 years of leadership experience across the fashion and luxury sectors, spearheading transformative initiatives in retail, online, and international operations. Wolford said that with “pivotal roles at renowned…
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Aug- 2023 -31 AugustClothing & Shoes
Lanvin Group sales rise 6.4% in H1
Global luxury fashion brand Lanvin Group has reported a 6.4% increase in revenues to €215m (£182.7m) for H1 2023. It also achieved a gross profit of €125m (£107.1m), up from €113m (£96.85m) the prior year. The fashion retailer said that it was on track to achieve adjusted EBITDA breakeven in…
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