Consolidated first-quarter revenues to €98.3 million for the Italian group, which owns Kappa, Superga, and Sebago.
Italian group BasicNet, which owns Kappa, Superga, Sebago and other brands, reported a 3.3 percent fall in consolidated first-quarter revenues to €98.3 million.
Royalties from commercial and product licensees rose 24 percent to €16.1 million, while direct sales decreased 7.1 percent to €81.9 million.
Aggregate brand sales, including licensed revenues, rose 2.9 percent to €268.8 million with commercial licensees and direct sales increasing to €203.2 million from €198.1 million a year ago. Product licensee sales were €65.6 million compared with €63.1 million in 2024.
Commercial licensees and direct sales on an aggregate basis were up 4.6 percent in Europe. In other regions sales grew 3.3 percent in Asia and Oceania, 7 percent in the Middle East and Africa, while the Americas contracted 27.7 percent.
Excluding the impact of Permira’s acquisition of a significant minority stake in the company’s K-Way brand, which closed on Feb 28, Ebitda rose 2.2 percent to €12.7 million.
“In an evolving context, influenced by an unstable geopolitical and macroeconomic landscape, the group continues to focus on medium to long-term growth with the goal of building brand value, through the development of the store network, alongside continued communication investment to support the brands,” the company said.
