Franco Ronchese

Wolford AG is engaged in the production and marketing of legwear, ready-to-wear and lingerie, accessories and trading good. The Company operates through four segments: Austria, Other Europe, North America and Asia. The Austria segment includes production and sales activities for Austria and for those countries, which do not have their own subsidiaries. The Other Europe segment contains the European sales subsidiaries outside Austria, as well as the manufacturing subsidiary in Slovenia. The North America segment covers the Company's operations in the United States and Canada. The Asia segment includes the companies in Hong Kong and Shanghai. The Company's ready-to-wear category includes products, such as bodies and shirts (bodywear), as well as dresses and pullovers. It offers a range of hosiery, ranging from tights, stockings, stay-ups and knee-highs to leggings and socks. The business activities of the subsidiaries focus on marketing products purchased from the Company.