Calida Group Sells Cosabella Brand Amid 37% Sales Decline

Calida Group has sold its lingerie brand Cosabella to Crown Brands Group on July 23, 2026. This decision comes after Cosabella's sales plunged approximately 37% to 4.3 million Swiss francs (about $5.25 million), representing only 4.6% of Calida's total revenue. The company's net sales dropped nearly 8% year over year, with net income declining roughly 12%. This sale reflects a broader trend among retailers focusing on stronger brands amid challenges like weaker consumer confidence and higher operating costs, which could affect market dynamics for comparable luxury apparel brands.