BasicNet Profit Declined in First Half
Net income at the Italian parent of Kappa, Robe di Kappa, K-Way, Superga, Sebago and other brands dropped 31% decline in H1 to €7.4 million ($8.1 mm) as aggregate brand revenues reached €558.3 million for the six months ended June 30. EBITDA was €22.6 million versus €22.4 million. Commercial licensee and direct ... Log in to view full article.
