BasicNet news and archive

Best of 2025: The year in interviews

2025 has been a busy period for the industry, with leadership overhauls, retail expansions and international growth reflecting a dynamic market. To get insight into this continuous evolution, FashionUnited spent the year catching up with business leaders, founders and more. Here are some of the best interviews of the year: Priya Downes, Nudea...

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Business

BasicNet acquires the Sundek brand

BasicNet continues its acquisition spree, adding Sundek to the Turin-based company's brand portfolio. As previously reported by FashionUnited, negotiations between the Turin-based group and the Californian swimwear brand continued into the autumn, following denials last spring. Today, the agreement was signed and announced for the acquisition of...

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BasicNet acquires outdoor apparel brand Woolrich

Woolrich is joining the brand portfolio of Turin-based BasicNet. The company, which already owns the Kappa, Robe di Kappa, K-Way, Superga, Sebago and Briko brands, has reached an agreement to acquire the Woolrich brand. The historic American brand, founded in 1830, symbolises authenticity, quality and outdoor tradition, and is being acquired...

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K-Way appoints head of international business

Outerwear brand K-Way has appointed Marco D'Avanzo as head of international business. D'Avanzo announced this news via his own LinkedIn profile. He began his new role with the originally French brand on July 1. Italy-based D'Avanzo is no stranger to fashion retail. From October 2016 to April 2025, he was general manager at the Canadian brand...

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BasicNet: consolidated revenue at 98.3 million euros in first three months

Today, the board of directors of BasicNet spa reviewed the group's performance as of March 31, 2025. Based on the figures, aggregate sales of products bearing the group's brands, developed worldwide by the network, totalled 268.8 million euros, compared to 261.2 million euros for the first three months of the previous year (plus 2.9 percent)....

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Kappa owner BasicNet spa confirms FY24 financials, revenue up 3.1 percent

Italian fashion group BasicNet SpA, the parent company of K-Way, Kappa and Jesus Jeans, has confirmed a consolidated revenue of 409.2 million euros for the year ended December 31, 2025, up 3.1 percent on the 396.8 million euros recorded in 2023. The Turin-based company's board of directors approved the consolidated and draft financial statements...

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Retail|Interview

K-Way returns to the UK with new store as it celebrates 60th anniversary

French outerwear brand K-Way, part of Italian group BasicNet, has returned to the UK with a new flagship store on King’s Road in London as it looks to solidify its position in the British market and as a leading player in the premium outerwear market. “This new opening is part of our European expansion journey, we see the UK as a big focus...

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K-Way parent BasicNet achieves 3.1 percent revenue growth in 2024

In a preliminary results statement, Italian fashion group BasicNet has reported revenues of 409.2 million euros, up 3.1 percent in the financial year 2024. CEO Federico Trono commented, "2024 was a greatly satisfying year for the Group, and particularly as these results were achieved within a still very complex macroeconomic environment." Owner...

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Permira acquires 40 percent stake in outdoor lifestyle brand K-Way

Private equity firm Permira has acquired a significant minority stake in K-Way, the entire share capital of which is currently owned by BasicNet. The company said in a release that while BasicNet will hold approximately 60 percent interest in K-Way, Permira through Permira Growth Opportunities II will become a shareholder with 40 percent stake....

Fashion

K-Way to debut eyewear with Marcolin

French fashion brand K-Way, owned by Turin-based group BasicNet SpA, known for its rain jackets, is venturing into eyewear with Marcolin. K-Way has signed an exclusive licensing agreement with Marcolin for the design, production, and worldwide distribution of K-Way brand sunglasses, optical frames, ski goggles and eyewear for kids. The six-year...

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K-Way partners with Bluebell Group to launch in Hong Kong

French outerwear brand K-Way is launching in the Hong Kong market in partnership with the Bluebell Group as part of its global expansion plans. K-Way, known for its windbreaker, lifestyle fashion and sportswear, will be launching its products to Hong Kong consumers with a local website, online k-way.com.hk, before opening a physical store in...

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Wolverine Worldwide sells Sebago brand to BasicNet

Wolverine Worldwide has announced sale of its Sebago brand to BasicNet, S.p.A., an Italian corporation having a portfolio of brands including Kappa, Robe di Kappa, K-way, Superga and others. "We have recently completed a strategic review of our existing portfolio and have been exploring a variety of alternatives for some of our smaller brands...