Wolford intends to conclude an agreement with Fosun for the purchase of a majority stake worth €33 million euros.
Dr Antonella Mei-Pochtler, who joined the company in September 2014, has resigned with immediate effect.
New collections are inspired by the evolution of glam rock fashion and female icons.
Ashish Sensarma, who has served as CEO since January 7, 2015, will resign at the end of the month.
The collection is made from INFINITEX, a durable fabric that derives from plastic wastes, including debris and used fishing nets.
The Austrian brand has extended its commitment to sustainable production with a collection that can be turned into nutrients.
Poor pound and ‘problems in sales planning’ dents sales but firm is taking measures to ensure sufficient financial resources are upheld.
Tights manufacturer pairs with Austrian designer as it offers sneak peek into AW17 collections.
Must-stock products from 'skortys' to slip dresses and yoga pants.
Austrian brand presents new hosiery, lingerie and shapewear lines.