Kappa has a deck. Kappa is a sports company, rather than an investment company. In 2005, China Dongxiang Company purchased Kappa’s ownership and operating rights in mainland China and Macau. Unlike most sports brands, Kappa has always followed the asset-light route. In 2012, Kappa encountered a sales model crisis. In order to make money, dealers sold their inventory while selling fake goods. They also sold their own brand trademarks to small manufacturers, that is, decks.