From a Hosiery Factory to a €1.2 Billion Sales Giant: The Story of BasicNet | BIG COMPANIES
In 1994, after years of success, Maglificio Calzificio Torinese declared bankruptcy. Marco Boglione, an entrepreneur who had worked at MCT for years before leaving to embark on other ventures, took over. The company was revitalized, and Boglione, with his team, decided to leverage the new internet technology to completely rethink the company's organization and relationships with customers and suppliers. Today, after years of ups and downs, the company has achieved €1.2 billion in aggregate sales thanks to brands such as Kappa, Robe di Kappa, K-Way, Superga, Briko, Sebago, Jesus Jeans, Woolrich…