All BasicNet articles
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News briefsKappa names Garnier as CCO
Italian brand Kappa has appointed Rémi Garnier to lead its commercial operations. The French executive previously spent 15 years at Kappa France.
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News briefsK-Way names Marco D’Avanzo head of international business
D’Avanzo was most recently at Moose Knuckles.
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News briefsBasicNet Q1 revenues fall 3.3% amid ‘unstable’ geopolitical and macroeconomic landscape
Consolidated first-quarter revenues to €98.3 million for the Italian group, which owns Kappa, Superga, and Sebago.
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News briefsK-Way celebrates its 60th anniversary with global exhibition
The event showcases everyday objects through art and design.
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News briefsEurope drives BasicNet revenue growth in 2024
The Italian group, which owns Kappa, Superga, Superga, and more, reported consolidated revenues of €409.2 million in 2024.
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News briefsSuperga celebrates the 100th birthday of its iconic canvas shoe
The brand, part of BasicNet, has released a limited edition to celebrate the history of its 2750 shoe.
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News briefsK-Way reopens its Milan flagship
The revamped Milan store is part of a brand’s international expansion plan primarily focusing on Europe.
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AnalysisAnalysis: 2024 Global Sporting Goods Industry Stocks Slip Lower in 2024
Which of the top 85 sporting goods companies performed best, and which lost ground in 2024? Get the figures.
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News briefsLuca Lo Curzio will be the new CEO of K-Way
He brings over 20 years of experience in the retail and luxury sectors.
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News briefsBasicNet’s nine-month Ebitda dips by 9 percent
The group expects Q4 results to be essentially flat with year-ago results.
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News briefsPermira acquires 40% stake in K-Way
Marco Boglione, Chairman and Founder of BasicNet, called the agreement a crucial moment for the company.
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News briefsBasicNet’s H1 Ebitda falls by 22 percent
The Italian group ended the first six months with €-93.1 million and forecasts H2 results to be flat year over year.
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News briefsKappa partners with the iconic 24 Hours of Le Mans
Italian sportswear brand Kappa has unveiled a new partnership with the Automobile Club de l’Ouest (ACO), the French organizers of the iconic 24 Hours of Le Mans. The new three-year deal, starting in 2024, will see Kappa as the Official Sportswear Dresser of the event. The contract was negotiated by ...
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News briefsEbit falls while BasicNet sales increase
BasicNet, the Italian parent of Kappa, Robe di Kappa, K-Way, Superga, Sebago and other brands, said that in the first nine months of 2023, consolidated revenues rose by 5.3 percent year-on-year to €297.5 million, while aggregate group brands revenues slipped by 7.6 percent to €858.4 million. Meanwhile, Ebitda increased by ...
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News briefsK-Way and Comme des Garçons create official jacket of US Open of Surfing
The World Surf League (WSL) has announced a collaboration with K-Way and French brand Comme des Garçons on a limited-edition collection of jackets specially designed for the upcoming Wallex US Open of Surfing Presented by Pacifico. The event will take place in Huntington Beach, California, from July 29 to Aug. ...
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News briefsBasicNet’s Q1 direct sales lifted by K-Way France acquisition
BasicNet’s Ebit was flat at €10.8 million in Q1 as Ebitda improved by 5.5 percent to €14.8 million for the period that ended March 31. Consolidated revenues grew by 27.7 percent to €108.0 million, including 36 percent direct sales growth to €91.4 million, aided by the group’s April 2022 acquisition ...
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News briefsK-Way will outfit France’s team at the 2024 America’s Cup
K-Way will sponsor the newly formed Orient Express team, which is set to represent France at the 37th America’s Cup in Barcelona next year. K-Way is owned by Turin-based BasicNet, which is also the parent company of Superga, Kappa and other brands. K-Way will provide the competition gear as well ...
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News briefsBasicNet FY22 Ebitda rises by 38 percent
The parent company of Kappa, Robe di Kappa, K-Way, Superga, Sebago and other brands reported a net profit of €11.2 million against earnings of €65.7 million for the 12 months ended Dec. 31, including a €60.9 million contribution from K-Way in the year-ago period. Annual Ebitda rose 38 percent to ...
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News briefsBasicNet posts 34% sales growth in 2022
BasicNet, the Italian parent for the Kappa, K-Way, Superga and Sebago brands, has reported preliminary results for 2022. Final results are due for release on March 9. Group brands’ aggregate sales rose 34.1 percent year-over-year to €1.27 billion in 2022. Commercial licensee and direct aggregate sales grew by 27 percent ...
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News briefsKappa opens first Latin American store
Kappa has entered the Latin American retail scene starting from Colombia, with its first store in Bogotà. It was opened in partnership with the Pernine group and is located on the second floor of the La Colina shopping mall. Three more Kappa stores are reportedly expected to open in Colombia ...
