BasicNet news and archive

BasicNet: consolidated turnover reaches 416 million euros in 2025

Aggregate sales of products from BasicNet brands amounted to 1.29 billion euros (1.53 billion dollars) in 2025, an increase of 4 percent. Sales from commercial and direct licensees reached 907.7 million euros, up 5 percent from 864.7 million euros on December 31, 2024. Sales from manufacturing licensees totalled 318 million euros, a 1.4 percent...

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Business|Interview

Future of Woolrich and Sundek collections following BasicNet acquisition

Marco Tamponi is officially the global brand manager for Woolrich and Sundek. The two brands were recently acquired by BasicNet. They join Sebago and Superga, two brands that have long been underits creative direction. The Italian fashion company founded by Marco Boglione also includes Kappa, Robe di Kappa, K-Way, Briko, Jesus Jeans and Sabelt...

Fairs

Woolrich under new ownership: BasicNet's vision for the heritage brand

When Turin-based BasicNet acquired Woolrich late last year, the deal reflected the strengthening of a portfolio already rife in cultural heritage. The US brand’s fervour for authenticity and outdoor tradition aligned fittingly with BasicNet’s already extensive roster of brands, spanning Kappa and K-Way to Superga and Sebago. Now, at the ongoing...

People

Kenny Wilson takes over as interim CEO at K-Way following Luca Lo Curzio's departure

Luca Lo Curzio is leaving K-Way after less than a year; the new interim ceo is Kenny Wilson. The manager leaves the position today, January 13. Lo Curzio joined K-Way, a French-born brand famous for its waterproof nylon jackets, in February 2025 and “has made a significant contribution to our organisation; the board of directors sincerely thanks...

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People

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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Business

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...

People

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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Business

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...