BasicNet Reacquires Kappa in Japan
China Dongxiang has agreed to sell the rights to the Kappa brand in Japan for $13 million, and will focus on Mainland China and Macao, where it will continue as the Kappa brand’s owner. BasicNet plans to give a major boost to brand’s development in the country, where Kappa generated sales of $30 million in 2019, selecting new licensees. China ... Log in to view full article.