PARIS — Wolford AG more than doubled operating profits in fiscal 2010 after implementing cost-reduction and efficiency-enhancing measures.
For the full year ended April 30, the Austrian innerwear and legwear firm reported operating profits soared 106.1 percent to 4.5 million euros, or $6.4 million. Dollar figures are converted at average exchange for the period.
“[It] demonstrates that we are not only capable of surviving crisis situations, but emerge strengthened from them,” stated Holger Dahmen, chief executive officer of Wolford.
Company sales for the year slid 2.2 percent to 144 million euros, or $203.9 million. But Wolford noted a progression in revenues as the year advanced. In its fourth quarter, sales rose 8.7 percent.
In honor of Rihanna’s 30th birthday, we took a look back at an interview with the Barbados-native when she was just 18 years old. Here, she talked about her second album, “A Girl Like Me” in 2006. “I want to be me. I want people to fall in love with who Rihanna is, and that’s why I want the album to be about me so people can really find out who this girl Rihanna is, because they only know the ‘Pon de Replay’ girl.” Fast forward 12 years, and she’s released six more albums and has become a powerhouse in both the fashion and music industries. Happy birthday, @badgalriri 🎈(📷: Pavel Antonov) #wwdarchive
For @simonerocha_‘s fall show, hairstylist @jamespecis created a look inspired by the painter John Constable. Models’ hair was pulled back, tied into knots and topped off with a bow. (📷: @kukukuba) #wwdbeauty #lfw
Queen Elizabeth made a surprise appearance at @richardquinn1's London Fashion Week show to present the designer with the inaugural Queen Elizabeth II Award for British Design. The new award will be handed out annually to an emerging British fashion designer who shows exceptional talent, while demonstrating value to the community and sustainable policies. #wwdfashion #lfw (📷: @giovanni_giannoni_photo)