Subscribers-Only Outdoor Heritage Brand Woolrich Closes Its Bologna Operating Company, Concluding Large-Scale European Restructuring

Outdoor heritage brand Woolrich has recently concluded its layoff and job reassignment process in Bologna, Italy, meaning the brand has completely closed its Bologna operating company.
This large-scale restructuring began with an acquisition at the end of 2025, when Italian fashion group BasicNet acquired the rights to the Woolrich brand in Europe, as well as 100% of the shares of Woolrich Europe S.p.A., for approximately €40 million. BasicNet is headquartered in Turin and owns Italian sportswear brand Kappa, Italian national canvas sneaker brand Superga and French outdoor apparel bra …