Calida Group news and archive

Calida returns to profitability in 2024 and appoints new CEO

Swiss textile group Calida Holding AG felt the effects of subdued consumer sentiment in fiscal year 2024. Nevertheless, the group, which also announced a change in leadership on Friday, spoke of "satisfactory development." “The strategic reorientation of the Calida Group, decided in 2023, shaped the 2024 fiscal year,” said executive chairman,...

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Calida Group posts H1 loss, sales decline 8.8 percent

Calida Group’s currency-adjusted sales declined 8.8 percent to 111.3 million Swiss francs in the first six month period. Adjusted operating profit from continuing operations was 0.5 million Swiss francs, while adjusted net loss was 0.5 million Swiss francs. “Optimization of our group structure and personnel is progressing as planned. The recent...

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Calida Group to focus on core lingerie business, sells Lafuma Mobilier to Peugeot

Calida Group has received a binding offer from Peugeot Frères Industrie for the sale of Lafuma Mobilier. With the intended sale, the company said in a release that Calida Group is parting with the furniture brand, which is not part of its core underwear and lingerie business. For the first half year, Calida Group added that in line with the...

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Irem Aydin promoted to general manager of Calida brand

Calida Group has promoted Irem Aydin as the new general manager of the traditional brand Calida from July 1, 2024. The company said in a statement that she will take over from Alexandra Helbling, who decided at the beginning of the year to seek a new professional challenge outside the Calida Group. “Thanks to Irem Aydin’s natural leadership as...

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Calida Group posts 4.6 percent drop in 2023 sales

Calida Group sales in 2023 were 304.4 million Swiss francs, down 4.6 percent from a year earlier, or down 1.7 percent when adjusted for currency effects. Calida brand's share of group sales was 157.7 million Swiss francs, an increase of 3.8 percent adjusted for currency effects or 1.8 percent in CHF, while against the brand’s pre-pandemic...

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Calida Group reports loss, sales drop

Total Calida Group sales from continuing operations were 160.2 million Swiss francs, down 2 percent, adjusted for currency effects. The company said, sales were negatively impacted by currency effects by 3.8 percent. Calida suffered a loss of 15.1 million Swiss francs in the first half of 2023. The company posted an operating profit of 8.2...

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Calida Group expects to report lower sales

In a preliminary statement on the half-year results, Calida Group said that development of Erlich Textil since acquisition has been far below expectations. Consequently, the company expects currency-adjusted sales and EBIT to be below the previous year's level. The company has announced the appointments of Felix Sulzberger as interim executive...

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Calida Group names Dave Müller as chief financial officer

The Calida Group has appointed Dave Müller as chief financial officer (CFO) and member of the group executive board. The company said in a statement that he will assume his position on July 1, 2023. The company added that Müller brings many years of experience within the Calida Group and has held various management positions in finance at the...

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Calida Group to appoint Felix Sulzberger as chairman, CEO Timo Schmidt-Eisenhart steps down

At the upcoming annual general meeting on April 19, 2023, Calida Holding AG will propose Felix Sulzberger, Allan Kellenberger, Thomas Stöcklin and Eric Sibbern for election to the board of directors. The company said in a release that also proposed for shareholder approval will be the re-election of current independent board members Laurence...

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Calida Group CFO Sacha Gerber steps down

Sacha D. Gerber, chief financial officer (CFO) and member of the Calida Group executive management, has decided to take on a new professional challenge outside the group. Commenting on the development, Timo Schmidt-Eisenhart, CEO of the Calida Group, said: "With his high level of expertise and great commitment, Sacha D. Gerber has contributed to...

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Calida Group posts 17.6 percent revenue growth

Despite the uncertainty in global consumer markets, Calida Group said all brands posted positive growth in the first half of 2022. In total and adjusted for currency effects, group sales increased 17.6 percent and 14.8 percent organic to 172.2 million Swiss francs. “The Calida Group’s well-balanced omni-channel business model once again proved...

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Calida Group names Hanna Huber as chief information & digital officer

The Calida Group has appointed Dr Hanna Huber as chief information & digital officer (CIDO). The company said in a release that Huber is expected to assume her position in January 2023. Commenting on Huber’s appointment, Timo Schmidt-Eisenhart, CEO of the Calida Group said: "We are delighted to have been able to recruit Dr Hanna Huber for this...