All K-Way articles
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News briefsBasicNet's 2023 revenues rise to €398.6M despite brand revenue dip
BasicNet generated consolidated revenues of €398.6 million in 2023, up by 2.7 percent from the year earlier, as aggregate group brands revenues slipped by 10.4 percent to €1.14 billion, preliminary results show. The Italian company, which is the parent of such brands as Kappa, Robe di Kappa, K-Way, Superga and ...
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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 H1 Ebitda rises slightly
The Italian parent of Kappa, Robe di Kappa, K-Way, Superga, Sebago and other brands suffered a 31 percent decline in H1 net profit to €7.4 million as aggregate group brands revenues reached €558.3 million for the six months ended June 30. Ebitda was €22.6 million versus €22.4 million. Commercial ...
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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 briefsBasicNet reports strong 9-month results, awarding bonuses
BasicNet, the Italian parent for the Kappa, K-Way and Superga brands, generated a 31 percent increase in Ebitda to €44.1 million from €33.6 million for the nine months ended Sep. 30. Ebit increased 37 percent to €33.3 million over the period. A 30 percent improvement in consolidated revenues to €282.6 ...
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News briefsK-Way launches in Hong Kong
French brand K-Way, part of BasicNet, an Italian company that also owns the Kappa, Briko and Superga brands, amongst others, has partnered with Bluebell Group to launch in Hong Kong. Following the brand’s digital launch in June via k-way.com.hk, the first physical brand store is scheduled to open in October ...
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ArticleBasicNet sees significant sales growth in Q4
BasicNet said it posted “significant” growth at the end of 2021, with consolidated revenues in the fourth quarter jumping by 26.5 percent from the year-earlier period to €80.0 million, marking an improvement of over 14 percent on 2019. BasicNet, the Italian-based parent company for brands such as Kappa, K-Way, Superga ...
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ArticleBasicNet posts double-digit sales increases in H1, approves multi-voting rights for longterm shareholders
BasicNet, the parent company of Kappa, Superga, Sebago, K-Way, Briko and other brands, has reported aggregated wholesale-equivalent sales of group products of €443 million in the first half of 2021, representing a 20.5 percent increase as compared to the same period last year. The figure includes commercial licensees’ sales of ...
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News briefs
K-Way teams up with Stade Français
K-Way has announced a partnership with Stade Français on a new collection that comprises two windbreakers (the Vrai Claude 3.0 and Vrai Eiffel 3.0) and a K-pouch (the Vrai Kilian 3.0). Stade Français is a French professional rugby union club based in Paris. The club competes in the Top 14 ...
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ArticleBasicNet first-half sales fall as Covid lockdowns force store closures
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 includes commercial licensees of ...
