BasicNet news and archive

Permira acquires 40 percent stake in outdoor lifestyle brand K-Way

Private equity firm Permira has acquired a significant minority stake in K-Way, the entire share capital of which is currently owned by BasicNet. The company said in a release that while BasicNet will hold approximately 60 percent interest in K-Way, Permira through Permira Growth Opportunities II will become a shareholder with 40 percent stake....

Fashion

K-Way to debut eyewear with Marcolin

French fashion brand K-Way, owned by Turin-based group BasicNet SpA, known for its rain jackets, is venturing into eyewear with Marcolin. K-Way has signed an exclusive licensing agreement with Marcolin for the design, production, and worldwide distribution of K-Way brand sunglasses, optical frames, ski goggles and eyewear for kids. The six-year...

BusinessFeatured

K-Way partners with Bluebell Group to launch in Hong Kong

French outerwear brand K-Way is launching in the Hong Kong market in partnership with the Bluebell Group as part of its global expansion plans. K-Way, known for its windbreaker, lifestyle fashion and sportswear, will be launching its products to Hong Kong consumers with a local website, online k-way.com.hk, before opening a physical store in...