After the Board of Directors called to meet on Friday, October 27^th under the chairmanship of Marco Boglione, BasicNet’s CEO Gianni Crespi has shown to colleagues the 9M 2017 operating performance. BasicNet brands’ aggregate sales amount to 570 million euros (+2.4%), with consolidated revenues – including royalties and sourcing commissions, in addition to BasicItalia’s and BasicRetail’s sales – up to 135.2 million euros (+1.5%). Positive data for Kappa^® and Robe di Kappa^® in Germany (+35%), Russia (+17%), Turkey (+66%) and the Americas (+19.4%). Major commercial growth on the American market for Superga^®, especially in Chile (+120%), Argentine (+91%) and Usa (+23%). The K-Way^® brand reports overall commercial growth of 9.8%; Briko^® brand grows 49%.

The Board of Directors meeting started with a special video showing the first 7 years of Apple-1, since its purchase in November 2010 by Marco Boglione.  Franco Spalla announced his resignation from his office of Vice Chairman; he will continue to serve as a member of the Board of Directors.