top shadow

To receive more info from Cosabella about a particular product, Click on the photo (photo will enlarge).

Cosabella’s La Dolce Vita Cosabella’s La Dolce Vita Cosabella’s La Dolce Vita Cosabella’s La Dolce Vita Cosabella’s La Dolce Vita
Cosabella’s La Dolce Vita

Added: Jun 2012
Cosabella’s La Dolce Vita

Added: Jun 2012
Cosabella’s La Dolce Vita

Added: Jun 2012
Cosabella’s La Dolce Vita

Added: Jun 2012
Cosabella’s La Dolce Vita

Added: Jun 2012

current news

Calida: Guido Campello Out As Cosabella GM

(Filed Under wholesale Lingerie News). Calida has replaced Guido Campello as general manager of Cosabella, with his older sister, Silvia Campello. She has been with with the company, founded by her parents in the 1980’s, since 1998, most recently as head of finance and operations.

Switzerland-based Calida, which acquired Cosabella early last year, also stated of the brand that it acquired early last year: “Business development continues to lag significantly behind the original business case. The more cautious reassessment of the business potential led to an adjustment of the targets and thus to impairments (including goodwill and brand) of CHF 33-43 million [about $40 million to $48 million at current exchange rates] and additional expenses of around CHF 6 million, which will be charged in 2023.”

Calida noted that in 2023 sales at Cosabella “remained at the previous year’s level in the first half of the year, as reported, thanks to the strong online business.” When Calida Group reported sales for full year 2022, it stated Cosabella provided the Group an operating contribution of 3.357 million CHF (about $3.7 million) on sales of 14.173 million CHF (about $15.5 million). On the day that it originally announced the acquisition of the brand, Calida revealed Cosabella had 2021 sales of “$29 million and an EBITDA of $4.8 million.” The purchase price of Cosabella comprised “a total package of $80 million including earn out.”

Calida chairman Felix Sulzberger, reported that “After the growth strategy defined in 2021 failed to deliver the planned business development, the Calida Group will concentrate on optimizing the business with the existing profitable Group brands over the next three years.” Part of that strategy had included the acquisition of German brand Erlich Textil, a brand which it announced, earlier this year, it is already divesting itself of.

The company emphasized, “In the future, the Calida Group will focus on sustainably improving the profitability of the Calida, Aubade and Lafuma Mobilier brands and on exploiting the growth potential of Cosabella.”

In addition, Calida reported the “termination of the multi-brand webshop with processing costs of around CHF 3 million,” and the associated termination of “around 20 jobs.”

Noting that Calida “assumes that general conditions will remain challenging and that consumer sentiment will therefore be dampened,” and that sales and earnings are “expected to be below the high level of the previous year, the “impairments of Cosabella and the processing costs for totaling CHF 42-52 million,” as well as “the impairments for Erlich Textil of CHF 19 million,” will result in “a corporate loss in the current year. However, only CHF 5 million of these one-off expenses totaling CHF 61-71 million will be cash effective.”

Looking ahead, Calida stated, “The new strategic alignment with the reduction of the brand portfolio, the abandonment of the development of Group platforms and the focus on operational excellence will already have a positive impact on the earnings situation in 2024.” — NM

more wholesale Lingerie News >>

Published 09-12-2023 by Nick Monjo

Related Articles

Calida: Guido Campello Out As Cosabella GM
Cosabella Sold To Calida Group For $80 Million
Cosabella Creates New Collection With IntiMint
Cosabella’s Fall/Holiday Line: La Dolce Vita
Cosabella Opens NYC Flagship Store
Cosabella for J. Crew Hits Stores
Cosabella Launches Leggings
Cosabella Hosts Bridal Boudoir
Cosabella Launches Spring Styles
Cosabella Co-Hosts Bridal Event

Comment on this article, brand or product

Disclaimer: The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.

NOTE: Your Email will not be displayed.

Related pictures

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2023 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2023 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to
bottom shadow