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Wolford appoints Marco Pozzo as deputy CEO

Wolford AG's supervisory board has appointed Marco Pozzo as deputy CEO. The Austrian apparel supplier announced on Friday that Pozzo will join the management board, effective July 7. The role has a three-year term. Wolford is still searching for a new chief executive officer after former brand chief Regis Rimbert left in January after only six...

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Business

Global luxury slowdown impacts Lanvin Group's H1 results

Lanvin Group with Lanvin, Wolford, Sergio Rossi, St. John and Caruso in its portfolio of brands, generated revenue of 171 million euros, a 20 percent decrease versus the prior year. The company said that the main drivers of revenue decline were global market softness coupled with a struggling wholesale market. The group expects a challenging...

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