All BasicNet articles

  • News briefs

    BasicNet reacquires the Kappa brand in Japan

    2020-09-22T16:57:00Z

    China Dongxiang has agreed to sell the rights to the Kappa brand in Japan for $13 million. BasicNet plans to give a major boost to brand’s development in the country, where Kappa generated sales of $30 million in 2019 through Phenix and its licensees. China Dongxiang ...

  • BasicNet
    Article

    BasicNet first-half sales fall as Covid lockdowns force store closures

    2020-07-31T17:14:00Z

    Kappa and K-Way owner BasicNet reported a 25 percent fall in first-half aggregate sales as it felt the impact of Covid-19 lockdown measures since January on all its markets. Aggregate sales for the period totaled €367.6 million, down from €484.8 million a year earlier. The figure ...