Calida Group news and archive

Calida Group CFO leaves the company

Calida Group has announced that Thomas Stöcklin, Chief Financial Officer (CFO) of the company has put in his papers to accept a new professional challenge and will therefore leave the group by the end of June 2018. "Board of directors and management regret the departure of Thomas Stöcklin. We wish him all the best for the future," said Reiner...

Management

Calida net sales and EBIT rise 3.3 percent in FY16

In 2016, Calida Group increased its net sales by 3.3 percent to 370.9 million Swiss franc (366 million dollars) and its operating result (EBIT) went up 3.3 percent to 22.3 million Swiss franc (22 million dollars). After currency adjustments, sales were 1.2 percent higher. The company said, planned restructuring at Millet Mountain Group resulted...

Report

Reiner Pichler replaces Felix Sulzberger as CEO of Calida

Felix Sulzberger, the long-time CEO of Calida Group, is stepping down from the role in 2016 and the board has named Reiner Pichler as his successor. As CEO of Switzerland’s Holy Fashion Group for almost two decades, Pichler was responsible for the lifestyle brands Strellson, Joop!, Windsor and Tommy Hilfiger. Most recently he was CEO of German...

Business|REPORT

Calida Group H1 net sales decline 14.8 percent

The Calida Group’s consolidated net sales in the first half declined 14.8 percent to 168.1 million Swiss francs (170.9 million dollars). Adjusted for currency effects, the reduction in net sales was 4.8 percent. Considering these developments, the Calida Group is expected to report a noticeably lower result for the current business year. The...

Business|REPORT Featured

Calida Group net sales soar 99.8 percent in FY14

In the 2014 financial year, the Calida Group reported strong, acquisition-driven growth. Net sales doubled 99.8 percent during the year under review to 412.4 million Swiss franc (40.9 million dollars) and net income increased to 23.6 million Swiss franc (2.3 million dollars). The equity ratio increased from 49.2 percent to 53.8 percent. “Thanks...