Switzerland's Calida Holding AG group has announced group losses of 3.1m Swiss francs ($1.8m), increasing from the 2.5m Swiss francs ($1.5m) loss reported at the end of 1999. The underwear manufacturer also reported a net loss of 10.1m Swiss francs ($5.9m), which included a 7m Swiss francs ($4.1m) charge from accounting alterations that caused a revaluation of the group's assets.