All Superga 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 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 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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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
Superga and the LTA announce new partnership
Superga will become the British Lawn & Tennis Association’s (LTA) official leisurewear shoe partner from Jan. 1, 2021. The LTA is the national governing body for tennis in Great Britain, the Channel Islands and the Isle of Man. As part of the new three-year deal, Superga will have branding rights ...
