
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.
40 published items with the word (s) or phrase Millet 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.
The mountain apparel brand and the Boardriders group’s skateboarding label have designed the ‘Concrete Jungle’ collection, straddling board sports and climbing, and featuring a special selection of high-performance gear.
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 Swiss group, owner of Lafuma and Aubade, will not pay any dividend for the 2019 financial year due to Covid-19 disruption. It has also named Hans-Kristian Hoejsgaard as president.
The company’s consolidated net sales grew by 1.7% to CHF 404.3 million (€381.5m) in 2019.
On Tuesday, outdoor apparel specialist Lafuma, owned by Swiss group Calida, announced it has received a firm acquisition offer for its mountain apparel brand Eider from its South Korean distributor K2.