Calida to invest in Lafuma - sportstextiles: Lea SportsTextiles

News

Calida to invest in Lafuma

21/01/2013
Swiss clothing group Calida, a specialist in luxury lingerie, has announced it will acquire a strategic stake in French outdoor group Lafuma.

Calida said it would be investing in a maximum of 29% Lafuma’s group capital, saying the group had “an attractive portfolio of brands in the growing sports and outdoor clothing market”. Brands that belong to the group are Lafuma itself, plus Millet, Eider and Oxbow.

Philippe Joffard, the chief executive of the Lafuma Group, will hand over operational management of the company to Felix Sulzberger, chief executive of Calida. Mr Sulzberger has been a member of Lafuma’s board of directors since 2004 and is familiar with the French sports and outdoor company’s business.

Related stories:

Lafuma owner predicts shift from brands to retailers’ own-brands 04/04/2014

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.