BasicNet U.S. Sales Jumped Last Year
Announcing preliminary results for 2016, the parent of Kappa, Robe di Kappa, K-Way, Superga and other brands saw EBIT decline 41% to €15.2 million ($16.8 million) from €25.7 million on total sales that increased 1% to €740.0 million ($818.6 million). Commercial licensee revenues rose by 3% to €532.7 million and productive licensees’ sales dropped 3% ... Log in to view full article.
