Still waiting for a new CEO, Wolford has appointed Marco Pozzo, an expert in luxury and design, as deputy CEO. The Austrian company, which is part of the Lanvin luxury group, has also just announced a capital increase of €25 million.
Wolford is taking the bull by the horns to regain momentum.
After posting declining sales in 2024, the luxury hosiery and clothing specialist, owned since 2018 by the Lanvin group, has, in quick succession, increased its capital and appointed a new deputy CEO, Marco Pozzo. Pozzo took up his position on the executive board on July 7 for a three-year term.
Capital increase of €25 million
The Austrian brand announced at the end of June that it had completed a €25 million capital increase, “strengthening the company’s financial base in order to accelerate its strategic transformation.” This should be finalized by the first quarter of 2026.
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Read also > Wolford: CEO leaving less than a year after his appointment
Featured photo: © Wolford
