Millet Mountain Group news and archive

Calida Group completes sales of the Millet Mountain Group

The Calida Group has completed the sale of the Millet Mountain Group to Jean-Pierre Millet and Inspiring Sport Capital as scheduled on April 20, 2022. The company said in a release that Jean-Pierre Millet, investor and grandson of the founder of Millet, together with Inspiring Sport Capital, a private equity company specialised in the sports...

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Calida and Aubade brands drive sales growth at the Calida Group

For the first half period of 2021, Calida Group reported a 30.2 percent increase in sales to 153.9 million Swiss francs in currency-adjusted terms. At brand level, Calida sales improved 23.8 percent to 68 million Swiss francs, followed by Lafuma Mobilier with 45.3 million Swiss francs, up 29.4 percent and Aubade sales of 32.5 million Swiss...

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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...

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Calida Group reports H1 loss, sales down 14.6 percent

The Calida Group said that it looks back on a challenging first six months of 2020 since business was seriously impacted from March onwards by the coronavirus-related closures of all bricks-and-mortar shops and points of sale at important retail partners in Switzerland, Germany and France. While online business grew by 59.2 percent and the 22.5...

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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,...