Calida Group news and archive

Calida to focus on lingerie business, plans sale of Millet Mountain Group

To concentrate on its core business of underwear and lingerie with a targeted brand portfolio, the Calida Group has decided to sell Millet Mountain Group division with the Millet and Lafuma brands. Commenting on the development, Hans-Kristian Hoejsgaard, chairman of the of Calida Group board said: “The scheduled sale of Millet Mountain Group is...

Business

Calida Group acquires 98 percent share capital of Lafuma

As announced in September this year, the public buy-out tender offer by Calida Holding AG with subsequent squeeze-out resulted in 4.5 percent of Lafuma SA shares being tendered, which takes the former’s holding in Lafuma to 98 percent. The company said in a statement that any Lafuma shares not tendered in the public tender offer between 13 and...

Business

Calida Group appoints Timo Schmidt-Eisenhart as new CEO

The board of directors of Calida Holding AG has appointed Timo Schmidt-Eisenhart as CEO of the Calida Group. The 48-year-old executive, the company said in a statement, will succeed Reiner Pichler in the first half of 2021, who will continue to run the group until his replacement arrives. Commenting on the new appointment, Hans-Kristian...

Business

Calida Group CEO Reiner Pichler decides to step down

Reiner Pichler, CEO of Calida Group, is stepping down. The company said in a statement that he intends to devote his time to new tasks that will allow him a more flexible organization of work without requiring a full-time presence. Commenting on Pichler’s decision, Hans-Kristian Hoejsgaard, Chairman of the company’s board of directors said: “We...

Business

Calida sells its trademark Eider to Korean group

Calida Group has announced that it has received a binding offer from the Korean K2 Group to sell its trademark Eider, subject to a works council consultation process in France. Eider is one of the three brands of the Millet Mountain Group, a fully owned subsidiary of Calida affiliate Lafuma Group. Commenting on the development, Reiner Pichler,...

BusinessFeatured

Calida Group records strong growth in 2018

The Calida Group recorded consolidated net sales increase in the reporting year of 7.6 percent from to 409.5 million Swiss francs (410 million dollars), while adjusted for exchange rate effects, the increase came to 4.1 percent. Net income increased 5.3 percent on the prior year to 17.8 million Swiss francs (17.8 million dollars). The company...