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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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Geox reports 6.2 percent revenue decline in first nine months
Geox spa, a company listed on the Euronext Milan market managed by Borsa Italiana, has closed the first nine months with consolidated revenues of 492.8 million euros. This represents a decrease of 6.2 percent compared to the previous year (-6.3 percent at constant exchange rates). Excluding the impact of branch closures in China and the US, the...
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