FINANCIAL TIDINGS
/Calida Group Acquires 100% Stake in Cosabella
REPORTING LIVE
Latest from PR Newswire asserts that COSABELLA, American lingerie and loungewear brand, has partnered with global-facing CALIDA GROUP in a transaction of $80 million.
Family-owned and Miami-based, COSABELLA brings the Italian heritage of founders Valeria and Ugo Campello into the limelight with sensual designs; a perfect fit for the external-facing international backing from CALIDA GROUP.
In wake of triumphs in the United States —ending 2021 with $29 million in revenue— COSABELLA rides a wave of exponential momentum.
Keep your eyes peeled for COSABELLA; with large potential as a omnichannel juggernaut, success is predicted for the intimates retailer in the European market particularly in partnership with CALIDA GROUP.
Written by Lily Moskowitz