Media: Calida off to good start in H2, seeks divestments - CEO in FuW

Calida Holding AG

31/08/2019 11:05

** Swiss apparel and furniture company Calida Holding's
 CALN.S  Chief Executive Reiner Pichler tells the Finanz und
Wirtschaft newspaper in an interview:
    ** On how H2 started: "Just as well as the first half.
Growth is even slightly above our expectations. We are already
selling products for Spring 2020 and pre-orders look good."
    ** On divestments: "All our brands are growing and are now
profitable. Now we would like to focus our portfolio on the
outdoor-surfing segment. We are reviewing divestments in our
core business."
    ** Calida is open for acquisitions only in underwear
    ** Sees Japan, its fourth-biggest market, as having strong
potential. Sentiment among clothing buyers has improved somewhat
of late in France and Germany
    ** Says online sales could rise to 20% of the total from 12%
now, reach 30% including third parties like Amazon, Zalando or
Globus  

    -- Note: Reuters has not verified this story and does not
vouch for its accuracy
    
For the original story behind paywall click here: [https://www.fuw.ch/article/calida-ceo-wir-werden-unternehmensteile-verkaufen/
]

Further company coverage:  CALN.S 

 (Reporting by Zurich Newsroom)
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))