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...

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Calida Group achieves strong sales growth in 2022

In 2022, Calida Group sales were 323.9 million Swiss francs, up 14.4 percent. When adjusted for currency effects, organic growth was 7.7 percent. At 155.5 million Swiss francs, the company said, Calida's share of group sales expanded by 5.5 percent, adjusted for currency effects. Sales grew at currency-adjusted double-digit rates for Aubade to...

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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...