Benetton Group news and archive

Benetton Group launches Green B project

Italian-based Benneton Group has launched a program titled Green B that brings together all the sustainability initiatives of the company’s brands, including United Colors of Benetton, Undercolors, and Sisley, under one umbrella. The group stated it would work on energy efficiency throughout its supply chain and retail locations, waste...

People

Ugo Giorcelli to join as General Staff Manager of Benetton Group

Benetton Group Srl has said in a statement that in March 2019, Ugo Giorcelli will join the company as its new General Staff Manager, responsible for administration and finance, taxes, IT, HR-organization, centralised purchasing and general services. With a degree in business and economics from Milan’s Università Cattolica, Giorcelli, the company...

People

Luciano Benetton named Executive Chairman of Benetton Group

Benetton Group S.R.L. has announced that following board of directors' Monday meeting, Luciano Benetton has been appointed as the company’s Executive Chairman. After handing over his responsibilities to the founder, the company added, Francesco Gori, Benetton Group’s Chairman since May 2016, will remain a director on the board and will soon be...

Business

Benneton Group doubles annual losses to 81 mn euros

Benetton Group has not been able to recover from losses since last two years and the trend continued in 2016 as well. The Italian group reported a loss of 81 million euros (94 million dollars) against 46 million euros (53 million dollars), the company posted last year, says a Modaes report. The company's sales declined 8 percent to 1.38 billion...

Culture

Benetton Group launches ‘Power her Choices’ campaign

A new global family planning campaign was launched today at The London Summit on Family Planning together with United Colors of Benetton and UNFPA, United Nations Population Fund. The campaign, named ‘Power Her Choices’, has been released globally in an attempt to protect women from unintended pregnancies. “Millions of women and adolescent girls...

People

Tommaso Bruso named new COO at Benetton as CEO quits

In a meeting of the Board of Directors of the Benetton Group, the appointment of Tommaso Bruso as Chief Operating Officer (COO) was announced yesterday. The board also granted the Chairman, Francesco Gori, power over core staff matters. During the meeting, the board accepted resignation of Chief Executive Officer Marco Airoldi. The company added...

People

Benetton Group appoints James McArthur to its board of directors

The Benetton Group’s has appointed James McArthur as Director on its board. The decision was taken at a board meeting held under the Chairmanship of Francesco Gori. The company said, McArthur holds long international experience in the industries ranging from fashion, luxury to retail. He has been CEO of several leading luxury and retail...

Business

Benetton Group acquires its full Korea estate

Global fashion retailer Benetton Group has acquired their full estate of Benetton Korea as part of their focus and relaunch program. The Group's new strategy includes reorganizing and restructuring their global operations to increase growth potential and competitiveness of their two brands United Colors of Benetton and Sisley. Benetton is...

People

Benetton names Francesco Gori as non-exec Chairman

2015 consolidated revenues at Benetton amounted to 1,529 million euros (1,738 million dollars), down 1.2 percent from the previous year. Meanwhile, during the shareholders’ meeting, the company appointed Francesco Gori non-executive Chairman of the board. Reports improved results The indirect sales channel, which suffered from years of sharp...

Fashion

Benetton Group sets out to conquer the Russian market

Russia is a key market for Benetton, one in which the group aims to excel in. The company has created a three-year development plan, which pays special attention to Russia as a high-potential market. The group has already begun launching new stores and renovating existing storesand officially opened a flagship store in Moscow, on one of the most...

Design

Alessandro Benetton moves aside for Gianni Mion

More changes are to come to Italian fashion company the Benetton Group, followingits new business restructuring programme and the appointment of Marco Airoldi as its new Chief Executive Officer. On Thursday morning after its annual shareholders, the group announced that Alessandro Benetton would be stepping down from his role as chairman of the...

Fashion

Benetton Group to appoint new CEO

Benetton Group is set to appoint Marco Airoldi, senior partner as the Boston Consulting Group as its new chief executive officer, as the company prepares to implement its restructuring plan which will see the its core businesses divided into three separate companies, all controlled by Edizione Srl holding company, that is owned by the Benetton...