
Switzerland's Calida Group, owner of French lingerie brand Aubade, has acquired family-owned lingerie company Cosabella for $80 million (€75.8 million), as it looks to gain a foothold in the United States.
24 published items with the word (s) or phrase Calida in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Switzerland's Calida Group, owner of French lingerie brand Aubade, has acquired family-owned lingerie company Cosabella for $80 million (€75.8 million), as it looks to gain a foothold in the United States.
Swiss group Calida has bought German lingerie brand Erlich together with its parent company, the Vorfreude group, closing fiscal 2021 with sales up 19.2%, record profits and all its brands posting double-digit growth.
Stefan Mues, chief digital officer of Swiss group Calida, owner of Aubade, Lafuma Mobilier and Calida, is leaving the company. His successor has not yet been announced.
On Tuesday, Swiss apparel group Calida announced it is planning to sell the Millet Mountain Group, which includes mountain sport apparel and equipment brands Millet and Lafuma.
Timo Schmidt-Eisenhart, who has served at VF Corp brand's including The North Face, Timberland and Napapijri, will take over as leader of Switzerland's Calida Group in early 2021, succeeding Reiner Pichler.
The owner of lingerie brands Calida and Aubade is on the hunt for a new CEO following the announcement that Reiner Pichler is stepping down to pursue other opportunities.
The company’s consolidated net sales grew by 1.7% to CHF 404.3 million (€381.5m) in 2019.
Swiss premium underwear brand Calida has teamed up with Viktor & Rolf on a loungewear and sleepwear collection that is 100% compostable. The range made its debut at Berlin trade show Neonyt last week.
Following its Viktor & Rolf collaboration, lingerie brand Aubade will continue to infuse its collections with external inspiration and launch a line designed by specialist in Chinese ink illustrations Hong Wai in 2020.
Continued investment in its ecommerce channel has helped Switzerland’s Calida Group deliver a 4% sales increase in constant currency in the first half of 2019, while operating profit rose by more than 15%.