Erlich Textil news and archive

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...

Business|Interview

Calida Group acquires sustainable lingerie brand Erlich Textil

The Calida Group has taken over the sustainable German lingerie brand Erlich Textil with effect from February 4, 2022. The company said in a release that with the acquisition of this young brand, the group is further expanding its strong position in the underwear market as planned. At the same time, the group is strengthening its pioneering role...